Large-cap Energy company Schlumberger has moved -1.5% so far today on a volume of 7,657,041, compared to its average of 17,871,903. In contrast, the S&P 500 index moved -0.0%.
Schlumberger trades -30.16% away from its average analyst target price of $47.5 per share. The 29 analysts following the stock have set target prices ranging from $38.0 to $63.0, 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 3.4% above its Graham number of $32.09, which implies that at its current valuation it does not offer a margin of safety
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Schlumberger has moved -26.6% over the last year, and the S&P 500 logged a change of 12.0%
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Based on its trailing earnings per share of 2.95, Schlumberger has a trailing 12 month Price to Earnings (P/E) ratio of 11.2 while the S&P 500 average is 29.3
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SLB has a forward P/E ratio of 9.0 based on its forward 12 month price to earnings (EPS) of $3.67 per share
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Its Price to Book (P/B) ratio is 2.31 compared to its sector average of 1.6
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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 110,000 full time employees and a market cap of $44.81 Billion. Schlumberger currently returns an annual dividend yield of 3.3%.