Halliburton Stock Target Price and Analyst Consensus

HAL Stock  USD 37.11  0.04  0.11%   
The prevalent analyst and expert consensus on Halliburton is Strong Buy with 18 strong buy estimates. The prevailing projected target price is 47.66 with 30 professional opinions. Some of the most common ways Halliburton analysts use to provide public buy-or-sell recommendation are financial statements evaluation and conference calls analysis. They also talk to Halliburton executives, vendors, and customers. Halliburton buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Halliburton target price to derive its highest and lowest estimates based on target price volatility of 0.0. Check out Macroaxis Advice on Halliburton to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
Lowest Forecast
43.37
Highest Forecast
52.9
Target Price
47.66
At this time, Halliburton's Gross Profit is quite stable compared to the past year. Pretax Profit Margin is expected to rise to 0.15 this year, although the value of Gross Profit Margin will most likely fall to 0.1. At this time, Halliburton's Other Liabilities is quite stable compared to the past year. Current Deferred Revenue is expected to rise to about 1.5 B this year, although the value of Short and Long Term Debt Total will most likely fall to about 4.7 B.
  
It's important to approach Halliburton's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Halliburton Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Halliburton target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Halliburton's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   30  Strong Buy
Most Halliburton analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Halliburton stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Halliburton, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Halliburton Target Price Projection

Halliburton's current and average target prices are 37.11 and 47.66, respectively. The current price of Halliburton is the price at which Halliburton is currently trading. On the other hand, Halliburton's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Halliburton Market Quote on 13th of May 2024

Low Price36.96Odds
High Price37.82Odds

37.11

Target Price

Analyst Consensus On Halliburton Target Price

Low Estimate43.37Odds
High Estimate52.9Odds

47.6552

Historical Lowest Forecast  43.37 Target Price  47.66 Highest Forecast  52.9
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Halliburton and the information provided on this page.

Halliburton Analyst Ratings

Halliburton's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Halliburton stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Halliburton's financials, market performance, and future outlook by experienced professionals. Halliburton's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Halliburton price targets

Halliburton's stock target price is an estimate of its future price, usually made by analysts. Using Halliburton's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Halliburton's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Halliburton's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Halliburton Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Halliburton is a key component of Halliburton valuation and have some predictive power on the future returns of a Halliburton.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Halliburton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.7837.0738.36
Details
Intrinsic
Valuation
LowRealHigh
36.2437.5338.82
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.790.800.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Halliburton. Your research has to be compared to or analyzed against Halliburton's peers to derive any actionable benefits. When done correctly, Halliburton's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Halliburton.

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When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
Check out Macroaxis Advice on Halliburton to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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The data published in Halliburton's official financial statements usually reflect Halliburton's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Halliburton. For example, before you start analyzing numbers published by Halliburton accountants, it's critical to develop an understanding of what Halliburton's liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Halliburton's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Halliburton's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Halliburton's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Halliburton. Please utilize our Beneish M Score to check the likelihood of Halliburton's management manipulating its earnings.