Halliburton (HAL) Advances But Underperforms Market: Key Facts

Company Performance - Halliburton's stock closed at $24.19, reflecting a +0.17% change, which underperformed compared to the S&P 500's gain of 1.12% on the same day [1] - Over the past month, Halliburton's shares have decreased by 8.31%, which is worse than the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13% [1] Earnings Projections - Halliburton is expected to report earnings of$ 0.61 per share, indicating a year-over-year decline of 19.74% [2] - The consensus estimate for revenue is projected at $5.27 billion, reflecting a 9.27% decrease from the same quarter last year [2] - For the full year, earnings are projected at$ 2.64 per share and revenue at $22.28 billion, representing declines of -11.71% and -2.88% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Halliburton suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system currently rates Halliburton at 4 (Sell), with a downward shift of 1.43% in the consensus EPS estimate over the past month [6] Valuation Metrics - Halliburton is trading with a Forward P/E ratio of 9.16, which is lower than the industry's average Forward P/E of 13.27 [7] - The company has a PEG ratio of 3.39, compared to the Oil and Gas - Field Services industry's average PEG ratio of 1.49 [7] Industry Context - The Oil and Gas - Field Services industry, which includes Halliburton, holds a Zacks Industry Rank of 147, placing it in the bottom 42% of over 250 industries [8]