Halliburton (HAL) Advances While Market Declines: Some Information for Investors

Company Performance - Halliburton's stock closed at $25.70, reflecting a slight increase of +0.04% from the previous trading day, outperforming the S&P 500 which fell by 1.12% [1] - Over the past month, Halliburton's stock has decreased by 2.06%, underperforming the Oils-Energy sector's gain of 3.39% and the S&P 500's loss of 2.91% [2] Upcoming Earnings - Halliburton is set to release its earnings report on April 22, 2025, with an expected EPS of$ 0.61, representing a decline of 19.74% from the same quarter last year [3] - The consensus estimate for revenue is $5.26 billion, indicating a 9.29% decrease compared to the previous year [3] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of$ 2.63 per share and revenue of $22.28 billion, reflecting changes of -12.04% and -2.89% respectively from the prior year [4] - Recent adjustments to analyst estimates may indicate shifting business dynamics, with positive changes suggesting analyst optimism regarding Halliburton's profitability [4] Valuation Metrics - Halliburton currently has a Forward P/E ratio of 9.75, which is lower than the industry average Forward P/E of 15.06, indicating a potential undervaluation [7] - The company has a PEG ratio of 3.61, compared to the industry average PEG ratio of 1.68, suggesting that Halliburton's expected earnings growth is not being fully reflected in its stock price [8] Industry Context - Halliburton operates within the Oil and Gas - Field Services industry, which ranks in the bottom 33% of all industries according to the Zacks Industry Rank [9] - The Zacks Industry Rank evaluates the performance of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]