FY2025 EPS Estimates for Halliburton Cut by Zacks Research

Key Points

• Zacks Research has revised Halliburton's FY2025 earnings per share (EPS) estimate from $2.13 to $2.11, while the current consensus estimate stands at $2.64 per share.
• Several brokerages have adjusted their price targets for Halliburton, with notable changes including a reduction from $30.00 to $27.00 by Susquehanna and an increase from $20.00 to $21.00 by UBS Group.
• Halliburton recently announced a quarterly dividend of $0.17 per share, representing a 3.1% yield, with a 31.78% payout ratio.

Halliburton Company (NYSE:HAL - Free Report) - Zacks Research cut their FY2025 EPS estimates for Halliburton in a research note issued to investors on Monday, September 8th. Zacks Research analyst Team now forecasts that the oilfield services company will post earnings per share of $2.11 for the year, down from their prior forecast of $2.13. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton's Q4 2025 earnings at $0.47 EPS, Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $1.98 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.54 EPS and FY2027 earnings at $2.30 EPS.

A number of other brokerages have also recently weighed in on HAL. Susquehanna dropped their price target on shares of Halliburton from $30.00 to $27.00 and set a "positive" rating for the company in a research report on Wednesday, July 23rd. UBS Group lifted their price objective on shares of Halliburton from $20.00 to $21.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Barclays dropped their price objective on shares of Halliburton from $26.00 to $22.00 and set an "equal weight" rating for the company in a report on Wednesday, July 23rd. Melius started coverage on shares of Halliburton in a report on Wednesday, August 20th. They issued a "buy" rating and a $41.00 price objective for the company. Finally, Wells Fargo & Company dropped their price objective on shares of Halliburton from $28.00 to $26.00 and set an "overweight" rating for the company in a report on Wednesday, July 23rd. Fourteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $32.05.

Halliburton Price Performance

Shares of HAL opened at $21.76 on Tuesday. Halliburton has a 1-year low of $18.72 and a 1-year high of $32.57. The stock has a market cap of $18.55 billion, a PE ratio of 10.17 and a beta of 1.10. The firm has a 50-day simple moving average of $21.79 and a two-hundred day simple moving average of $22.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.00 and a quick ratio of 1.47.

Halliburton (NYSE:HAL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The oilfield services company reported $0.55 earnings per share for the quarter, meeting analysts' consensus estimates of $0.55. Halliburton had a net margin of 8.37% and a return on equity of 21.45%. The business had revenue of $5.51 billion during the quarter, compared to analysts' expectations of $5.43 billion. During the same period last year, the business earned $0.80 earnings per share. The business's revenue for the quarter was down 5.5% on a year-over-year basis.

Halliburton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Wednesday, September 3rd. Halliburton's payout ratio is currently 31.78%.

Institutional Trading of Halliburton

Institutional investors and hedge funds have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. purchased a new stake in Halliburton in the 2nd quarter valued at $25,000. Mascagni Wealth Management Inc. purchased a new stake in Halliburton in the 4th quarter valued at $28,000. Stone House Investment Management LLC purchased a new stake in Halliburton in the 1st quarter valued at $30,000. Rakuten Securities Inc. raised its position in Halliburton by 547.3% in the 2nd quarter. Rakuten Securities Inc. now owns 1,586 shares of the oilfield services company's stock valued at $32,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Cape Investment Advisory Inc. increased its stake in Halliburton by 111.9% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,704 shares of the oilfield services company's stock valued at $35,000 after buying an additional 900 shares during the period. Hedge funds and other institutional investors own 85.23% of the company's stock.

Halliburton Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.