Schlumberger Story

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SLB -- USA Stock  

USD 15.49  0.48  3.20%

While some baby boomers are getting worried about energy space, it is reasonable to go over Schlumberger NV against economic and market trends. As we have suggested previously, Schlumberger is beginning its slip as investors shift to be more bearish due to the increased sector volatility. Schlumberger NV moves indifferently to market moves. The returns on investing in Schlumberger and the market returns of the last few months appear uncorrelated. Strong basic indicators of the company may suggest signs of short-term price drift for investors. Schlumberger NV is scheduled to announce its earnings today. The stock is undergoing an active downward rally.
Published few days ago
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Planning to continue with Schlumberger NV (NYSE:SLB) in November?
Schlumberger NV's average rating is Buy from 26 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Schlumberger market sentiment investors' perception of the future value of Schlumberger. Let us look at a few aspects of Schlumberger technical analysis. About 80.0% of the company shares are owned by institutional investors. Schlumberger NV has price-to-book ratio of 1.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. The entity recorded a loss per share of 15.77. The firm last dividend was issued on the 1st of September 2020. Schlumberger had 2:1 split on the 10th of April 2006.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Schlumberger NV. In general, we focus on analyzing Schlumberger stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Schlumberger's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Schlumberger's intrinsic value. In addition to deriving basic predictive indicators for Schlumberger, we also check how macroeconomic factors affect Schlumberger price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Schlumberger Stands against Peers?

Analyzing Schlumberger competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Schlumberger across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Schlumberger Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Schlumberger, but it might be worth checking our own buy vs. sell analysis

Acquisition by Saul Laureles of 17080 shares of Schlumberger subject to Rule 16b-3

Legal trades by Schlumberger insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Schlumberger insider trading alert for grant of rsu (restricted stock unit) by Saul Laureles, Director Corporate Legal, on 15th of October 2020. This event was filed by Schlumberger Limited with SEC on 2020-10-15. Statement of changes in beneficial ownership - SEC Form 4. Saul Laureles currently serves as director - corporate legal, assistant secretary of Schlumberger NV [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Detailed Outlook On Schlumberger

The entity has a beta of -0.029. Let's try to break down what Schlumberger's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Schlumberger will likely underperform. The beta indicator helps investors understand whether Schlumberger moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Schlumberger deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the last year's revenue of 29.58 B. Reported Net Loss for the year was (21.86 B) with profit before taxes, overhead, and interest of 4.2 B.

Schlumberger bad events are not so bad

The value at risk is down to -4.84 as of today. As of the 16th of October 2020, Schlumberger has the risk adjusted performance of (0.07), and Coefficient Of Variation of (1,261). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Schlumberger NV, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Schlumberger NV, which can be compared to its competition. Please validate Schlumberger NV information ratio, as well as the relationship between the value at risk and expected short fall to decide if Schlumberger is priced more or less accurately, providing market reflects its prevalent price of 15.14 per share. Given that Schlumberger NV has jensen alpha of (0.23), we advise you to double-check Schlumberger NV's current market performance to make sure the company can sustain itself at a future point.

Our Conclusion on Schlumberger

Whereas some companies in the oil & gas equipment & services industry are either recovering or due for a correction, Schlumberger may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 16th of October 2020, our analysis shows that Schlumberger moves indifferently to market moves. The company is undervalued and projects close to average probability of distress for the next 2 years. Our overall 30 days buy-or-sell advice on the company is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Schlumberger NV. Please refer to our Terms of Use for any information regarding our disclosure principles.

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