Halliburton Company moved -1.1% this evening session, trading between a high of $42.65 and a low of $41.725 per share. Yesterday the stock finished at $42.36 per share, compared to an average analyst target price of $47.42.
Halliburton Company provides products and services to the energy industry worldwide. The large-cap oilfield services/equipment company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.3%. Halliburton Company has trailing twelve months earnings per share (EPS) of 2.71, which at today's prices amounts to a price to earnings (P/E) ratio of 15.5.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.58. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-07 | 20,297,000 | -16,984,000 | 16 | 23.08 |
| 2022-02-04 | 15,295,000 | -13,279,000 | 13 | 18.18 |
| 2021-02-05 | 14,445,000 | -12,900,000 | 11 | 10.0 |
| 2020-02-11 | 22,408,000 | -20,123,000 | 10 | -16.67 |
| 2019-02-13 | 23,995,000 | -21,009,000 | 12 | 9.09 |
| 2018-02-09 | 20,620,000 | -18,343,000 | 11 |
Halliburton Company's 12.2% average gross margins are thinner than the 11.83% average of the Oil & Gas Equipment & Services industry, implying that the firm might be lacking in competitivity.
