Halliburton Stock Buy Hold or Sell Recommendation
| HAL Stock | USD 38.72 0.13 0.34% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Halliburton is 'Strong Hold'. Macroaxis provides Halliburton buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HAL positions. The advice algorithm takes into account all of Halliburton's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Halliburton's buy or sell advice are summarized below:
Real Value 44.99 | Target Price 47.66 | Hype Value 38.65 | Market Value 38.72 | Naive Value 37.22 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Halliburton given historical horizon and risk tolerance towards Halliburton. When Macroaxis issues a 'buy' or 'sell' recommendation for Halliburton, the advice is generated through an automated system that utilizes algorithms and statistical models.
Halliburton |
Execute Halliburton Buy or Sell Advice
The Halliburton recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Halliburton. Macroaxis does not own or have any residual interests in Halliburton or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Halliburton's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Halliburton Trading Alerts and Improvement Suggestions
| Halliburton is unlikely to experience financial distress in the next 2 years | |
| Halliburton has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are owned by institutional investors | |
| On 27th of March 2024 Halliburton paid $ 0.17 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Baker Hughes beats first quarter profit estimates |
Halliburton Returns Distribution Density
The distribution of Halliburton's historical returns is an attempt to chart the uncertainty of Halliburton's future price movements. The chart of the probability distribution of Halliburton daily returns describes the distribution of returns around its average expected value. We use Halliburton price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Halliburton returns is essential to provide solid investment advice for Halliburton.
| Mean Return | 0.21 | Value At Risk | -1.69 | Potential Upside | 2.54 | Standard Deviation | 1.38 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Halliburton historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Halliburton Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Halliburton is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Halliburton backward and forwards among themselves. Halliburton's institutional investor refers to the entity that pools money to purchase Halliburton's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fmr Inc | 2023-12-31 | 12.6 M | Norges Bank | 2023-12-31 | 11.1 M | Capital Research Global Investors | 2023-12-31 | 10.1 M | Northern Trust Corp | 2023-12-31 | 8.7 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 7.9 M | Bank Of New York Mellon Corp | 2023-12-31 | 7.6 M | Legal & General Group Plc | 2023-12-31 | 7.4 M | Amundi | 2023-12-31 | 7.1 M | Van Eck Associates Corporation | 2023-12-31 | 7.1 M | Capital World Investors | 2023-12-31 | 121.6 M | Vanguard Group Inc | 2023-12-31 | 97.7 M |
Halliburton Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (202M) | 340M | (10M) | (642M) | (494M) | (469.3M) | |
| Change In Cash | 260M | 295M | 481M | (698M) | (82M) | (77.9M) | |
| Free Cash Flow | 915M | 1.2B | 1.1B | 1.2B | 2.1B | 2.2B | |
| Depreciation | 1.6B | 1.1B | 904M | 940M | 998M | 942.7M | |
| Other Non Cash Items | 4.1B | 4.5B | 644M | 578M | (398M) | (378.1M) | |
| Capital Expenditures | 1.5B | 728M | 799M | 1.0B | 1.4B | 1.3B | |
| Net Income | (1.1B) | (2.9B) | 1.5B | 1.6B | 2.7B | 2.8B | |
| End Period Cash Flow | 2.3B | 2.6B | 3.0B | 2.3B | 2.3B | 2.0B | |
| Investments | (1.4B) | (486M) | (534M) | (967M) | (1.5B) | (1.4B) | |
| Change Receivables | 636M | 1.4B | (500M) | (1.2B) | (1.3B) | (1.3B) | |
| Net Borrowings | (13M) | (1.7B) | (700M) | (1.2B) | (1.1B) | (1.1B) | |
| Change To Netincome | 2.1B | 3.1B | (735M) | 648M | 745.2M | 901.3M |
Halliburton Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Halliburton or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Halliburton's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Halliburton stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.13 | |
β | Beta against NYSE Composite | 0.77 | |
σ | Overall volatility | 1.27 | |
Ir | Information ratio | 0.08 |
Halliburton Volatility Alert
Halliburton has relatively low volatility with skewness of 0.34 and kurtosis of 0.85. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Halliburton's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Halliburton's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Halliburton Implied Volatility
Halliburton's implied volatility exposes the market's sentiment of Halliburton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Halliburton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Halliburton stock will not fluctuate a lot when Halliburton's options are near their expiration.
Halliburton Fundamentals Vs Peers
Comparing Halliburton's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Halliburton's direct or indirect competition across all of the common fundamentals between Halliburton and the related equities. This way, we can detect undervalued stocks with similar characteristics as Halliburton or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Halliburton's fundamental indicators could also be used in its relative valuation, which is a method of valuing Halliburton by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Halliburton to competition |
| Fundamentals | Halliburton | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 41.25 B | 16.62 B |
| Shares Outstanding | 886.4 M | 571.82 M |
| Shares Owned By Insiders | 0.40 % | 10.09 % |
| Shares Owned By Institutions | 87.08 % | 39.21 % |
| Number Of Shares Shorted | 23.74 M | 4.71 M |
| Price To Earning | 18.84 X | 28.72 X |
| Price To Book | 3.74 X | 9.51 X |
| Price To Sales | 1.53 X | 11.42 X |
| Revenue | 23.02 B | 9.43 B |
| Gross Profit | 3.24 B | 27.38 B |
| EBITDA | 4.08 B | 3.9 B |
| Net Income | 2.66 B | 570.98 M |
| Cash And Equivalents | 2.35 B | 2.7 B |
| Cash Per Share | 2.18 X | 5.01 X |
| Total Debt | 8.81 B | 5.32 B |
| Debt To Equity | 1.17 % | 48.70 % |
| Current Ratio | 2.10 X | 2.16 X |
| Book Value Per Share | 10.84 X | 1.93 K |
| Cash Flow From Operations | 3.46 B | 971.22 M |
| Short Ratio | 3.51 X | 4.00 X |
| Earnings Per Share | 2.92 X | 3.12 X |
| Price To Earnings To Growth | 3.91 X | 4.89 X |
| Target Price | 47.67 | |
| Number Of Employees | 48 K | 18.84 K |
| Beta | 2.03 | -0.15 |
| Market Capitalization | 34.21 B | 19.03 B |
| Total Asset | 24.68 B | 29.47 B |
| Retained Earnings | 12.54 B | 9.33 B |
| Working Capital | 5.93 B | 1.48 B |
Note: Disposition of 3807 shares by Weiss Janet L of Halliburton subject to Rule 16b-3 [view details]
Halliburton Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Halliburton . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Halliburton Buy or Sell Advice
When is the right time to buy or sell Halliburton? Buying financial instruments such as Halliburton Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 10.2B | 8.9B | 8.8B | 4.7B | Total Assets | 22.3B | 23.3B | 24.7B | 16.5B |
Use Investing Ideas to Build Portfolios
In addition to having Halliburton in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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Check out Halliburton Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Halliburton Stock analysis
When running Halliburton's price analysis, check to measure Halliburton's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Halliburton is operating at the current time. Most of Halliburton's value examination focuses on studying past and present price action to predict the probability of Halliburton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Halliburton's price. Additionally, you may evaluate how the addition of Halliburton to your portfolios can decrease your overall portfolio volatility.
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Is Halliburton's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.65 | Earnings Share 2.92 | Revenue Per Share 25.853 | Quarterly Revenue Growth 0.022 |
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.