Atb Cap Markets Forecasts Schlumberger Q2 Earnings

Schlumberger Limited (NYSE:SLB - Free Report) - Equities researchers at Atb Cap Markets issued their Q2 2025 EPS estimates for Schlumberger in a research note issued on Monday, April 28th. Atb Cap Markets analyst W. Syed forecasts that the oil and gas company will earn $0.74 per share for the quarter. The consensus estimate for Schlumberger's current full-year earnings is $3.38 per share.

Several other research analysts have also recently weighed in on the stock. Barclays decreased their price objective on shares of Schlumberger from $53.00 to $48.00 and set an "overweight" rating for the company in a report on Friday, April 25th. Royal Bank of Canada reissued an "outperform" rating and set a $57.00 price target on shares of Schlumberger in a report on Tuesday, January 21st. Jefferies Financial Group reduced their price objective on Schlumberger from $60.00 to $59.00 and set a "buy" rating for the company in a research report on Thursday, March 27th. Piper Sandler dropped their target price on Schlumberger from $46.00 to $44.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, Evercore ISI reaffirmed an "in-line" rating and set a $44.00 price target (down previously from $62.00) on shares of Schlumberger in a research report on Wednesday, January 15th. Five analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $53.32.

Schlumberger Stock Performance

NYSE SLB traded up $1.00 during trading hours on Thursday, hitting $34.74. The company's stock had a trading volume of 13,303,533 shares, compared to its average volume of 13,318,843. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.45 and a quick ratio of 1.11. The company has a market cap of $47.25 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 10.10 and a beta of 1.06. The company's 50 day simple moving average is $37.83 and its two-hundred day simple moving average is $40.04. Schlumberger has a 12 month low of $31.11 and a 12 month high of $50.94.

Schlumberger (NYSE:SLB - Get Free Report) last issued its earnings results on Friday, April 25th. The oil and gas company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.01). The business had revenue of $8.49 billion for the quarter, compared to analysts' expectations of $8.64 billion. Schlumberger had a net margin of 12.29% and a return on equity of 21.90%. The business's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.75 earnings per share.

Hedge Funds Weigh In On Schlumberger

Institutional investors and hedge funds have recently made changes to their positions in the business. CX Institutional lifted its holdings in shares of Schlumberger by 2.4% in the 4th quarter. CX Institutional now owns 10,370 shares of the oil and gas company's stock valued at $398,000 after acquiring an additional 244 shares during the last quarter. TCW Group Inc. lifted its stake in shares of Schlumberger by 1.3% in the 4th quarter. TCW Group Inc. now owns 19,797 shares of the oil and gas company's stock valued at $759,000 after purchasing an additional 259 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Schlumberger by 0.5% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 56,714 shares of the oil and gas company's stock worth $2,174,000 after purchasing an additional 262 shares during the period. Vident Advisory LLC raised its holdings in Schlumberger by 1.0% during the 4th quarter. Vident Advisory LLC now owns 27,838 shares of the oil and gas company's stock valued at $1,067,000 after buying an additional 273 shares during the period. Finally, Glen Eagle Advisors LLC lifted its position in Schlumberger by 3.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 7,843 shares of the oil and gas company's stock worth $301,000 after buying an additional 282 shares during the last quarter. 81.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Schlumberger

In related news, insider Aparna Raman sold 25,133 shares of the business's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $42.28, for a total value of $1,062,623.24. Following the sale, the insider now directly owns 31,031 shares in the company, valued at approximately $1,311,990.68. The trade was a 44.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gavin Rennick sold 26,990 shares of Schlumberger stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $40.92, for a total value of $1,104,430.80. Following the completion of the sale, the insider now directly owns 53,584 shares in the company, valued at approximately $2,192,657.28. The trade was a 33.50 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.26% of the company's stock.

Schlumberger Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 4th will be paid a $0.285 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $1.14 annualized dividend and a yield of 3.28%. Schlumberger's payout ratio is 38.64%.

About Schlumberger

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.