Atb Cap Markets Has Weak Outlook for Halliburton Q1 Earnings

Halliburton (NYSE:HAL - Free Report) - Equities research analysts at Atb Cap Markets lowered their Q1 2025 earnings per share (EPS) estimates for shares of Halliburton in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now expects that the oilfield services company will earn $0.67 per share for the quarter, down from their previous forecast of $0.68. The consensus estimate for Halliburton's current full-year earnings is $3.00 per share. Atb Cap Markets also issued estimates for Halliburton's Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.75 EPS, FY2025 earnings at $2.85 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.76 EPS, Q3 2026 earnings at $0.82 EPS, FY2026 earnings at $3.06 EPS and FY2027 earnings at $3.27 EPS.

Halliburton (NYSE:HAL - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.02). Halliburton had a return on equity of 28.33% and a net margin of 11.04%. The company had revenue of $5.70 billion during the quarter, compared to analysts' expectations of $5.83 billion. During the same quarter in the prior year, the business posted $0.79 EPS. The company's revenue was down 1.8% on a year-over-year basis.

Several other equities analysts also recently commented on the stock. Dbs Bank started coverage on shares of Halliburton in a report on Wednesday, September 18th. They set a "buy" rating and a $45.00 price target on the stock. Jefferies Financial Group cut their target price on Halliburton from $47.00 to $46.00 and set a "buy" rating on the stock in a research note on Tuesday, September 24th. Bank of America dropped their price objective on Halliburton from $40.00 to $38.00 and set a "buy" rating for the company in a report on Monday, October 14th. Stifel Nicolaus reduced their price target on shares of Halliburton from $45.00 to $42.00 and set a "buy" rating on the stock in a research note on Friday, October 11th. Finally, Barclays decreased their price objective on shares of Halliburton from $47.00 to $43.00 and set an "overweight" rating for the company in a report on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.58.

Halliburton Trading Down 0.8 %

Shares of Halliburton stock traded down $0.23 on Thursday, reaching $28.97. The company had a trading volume of 3,918,623 shares, compared to its average volume of 8,127,098. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.21 and a quick ratio of 1.62. The firm's 50-day moving average price is $29.84 and its two-hundred day moving average price is $31.42. The firm has a market cap of $25.45 billion, a price-to-earnings ratio of 10.01, a P/E/G ratio of 3.56 and a beta of 1.90. Halliburton has a 1 year low of $27.26 and a 1 year high of $41.56.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Cary Street Partners Asset Management LLC raised its stake in shares of Halliburton by 56.5% during the 3rd quarter. Cary Street Partners Asset Management LLC now owns 157,085 shares of the oilfield services company's stock worth $4,563,000 after acquiring an additional 56,707 shares in the last quarter. Canada Pension Plan Investment Board increased its position in shares of Halliburton by 146.0% during the second quarter. Canada Pension Plan Investment Board now owns 842,355 shares of the oilfield services company's stock worth $28,455,000 after purchasing an additional 500,000 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Halliburton by 105.2% during the 2nd quarter. Mackenzie Financial Corp now owns 186,961 shares of the oilfield services company's stock valued at $6,316,000 after purchasing an additional 95,864 shares during the last quarter. Quest Partners LLC grew its stake in Halliburton by 2,418.9% during the 3rd quarter. Quest Partners LLC now owns 78,387 shares of the oilfield services company's stock worth $2,277,000 after buying an additional 75,275 shares during the last quarter. Finally, Pacer Advisors Inc. increased its position in Halliburton by 23.1% during the 3rd quarter. Pacer Advisors Inc. now owns 16,782,174 shares of the oilfield services company's stock valued at $487,522,000 after buying an additional 3,150,986 shares in the last quarter. 85.23% of the stock is owned by institutional investors.

Halliburton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Wednesday, December 4th will be issued a $0.17 dividend. The ex-dividend date is Wednesday, December 4th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.35%. Halliburton's dividend payout ratio is presently 23.69%.

About Halliburton

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.