After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Halliburton Company (HAL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.05%, to $41.34. The Halliburton Company has recorded 139,261 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Halliburton Announces Dividend.
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Stocks Info
Halliburton Company is listed on the NYSE in the Energy sector while operating in the Oil & Gas Equipment & Services industry. At the end of the last regular session, the stock closed at $41.32 and fluctuated between $42.17 as its day high and $41.13 as its day low. The current market capitalization of Halliburton Company is $36.95B. A total of 6.51 million shares were traded on the day, compared to an average of 8.00M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, HAL has seen 4 BUY and 8 SELL insider trades, representing the acquisition of 12,674 and the disposition of 208,919 shares. Over the last 12 months, there were 27 BUYs and 79 SELLs from insiders. Insiders purchased 1,278,633 shares during that period but sold 1,252,723.
In the most recent transaction, Jones Myrtle L sold 15,000 shares of HAL for 41.00 per share on Aug 09. After the transaction, the Senior Vice Pres – Tax now owns 42,126 company shares. In a previous transaction on Aug 09, Sharp Jill D. sold 6,653 shares at 41.00 per share. HAL shares that SVP Internal Assurance Svcs. owns now total 48,762.
Among the insiders who sold shares, Miller Jeffrey Allen disposed of 99,355 shares on Aug 04 at a per-share price of $40.00. This resulted in the Director, President & CEO holding 719,818 shares of HAL after the transaction. In another insider transaction, McKeon Timothy sold 3,952 shares at $40.00 per share on Aug 04. Company shares held by the Senior VP and Treasurer now total 53,803.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Halliburton Company pays an annual dividend of $0.64, resulting in a dividend yield of 1.55%, and it has a price to earnings (P/E) ratio of 15.24. HAL’s most recent ex-dividend date was 9/5/2023 when it declared a $0.16 quarterly dividend that was paid in cash on 9/27/2023. Previously, the company paid the dividend on 6/28/2023 with an ex-dividend date of 6/6/2023. The HAL stock dividend was $0.16 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for HAL in the last 3 months, the mean price target is $47.41 with high estimates of $56.00 and low estimates of $34.00. In terms of 52-week highs and lows, HAL has a high of $43.42 and a low of $23.30.
As of this writing, HAL has an earnings estimate of $0.77 per share for the current quarter. EPS was calculated based on a consensus of 24 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.68. The company reported an EPS of $0.72 in the last quarter, which was 7.50% higher than expectations of $0.67.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. HAL’s latest balance sheet shows that the firm has $3.04B in Cash & Short Term Investments as of fiscal 2021. There were $10.22B in debt and $4.31B in liabilities at the time. Its Book Value Per Share was $9.65, while its Total Shareholder’s Equity was $6.73B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HAL is Buy with a score of 4.89.
