Large-cap Energy company Schlumberger has moved 1.2% so far today on a volume of 8,189,069, compared to its average of 10,923,208. In contrast, the S&P 500 index moved 1.0%.
Schlumberger trades -25.3% away from its average analyst target price of $65.37 per share. The 28 analysts following the stock have set target prices ranging from $53.0 to $74.0, and on average have given Schlumberger a rating of buy.
Anyone interested in buying SLB should be aware of the facts below:
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Schlumberger's current price is 61.3% above its Graham number of $30.27, which implies that at its current valuation it does not offer a margin of safety
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Schlumberger has moved -16.3% over the last year, and the S&P 500 logged a change of 19.0%
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Based on its trailing earnings per share of 3.06, Schlumberger has a trailing 12 month Price to Earnings (P/E) ratio of 16.0 while the S&P 500 average is 28.21
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SLB has a forward P/E ratio of 11.8 based on its forward 12 month price to earnings (EPS) of $4.13 per share
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The company has a price to earnings growth (PEG) ratio of 0.65 — a number near or below 1 signifying that Schlumberger is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 3.29 compared to its sector average of 2.05
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Schlumberger Limited engages in the provision of technology for the energy industry worldwide.
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Based in Houston, the company has 111,000 full time employees and a market cap of $69.33 Billion. Schlumberger currently returns an annual dividend yield of 2.2%.