Back to top

Image: Bigstock

SLB (SLB) Beats Stock Market Upswing: What Investors Need to Know

Read MoreHide Full Article

SLB (SLB - Free Report) closed the most recent trading day at $38.12, moving +1.52% from the previous trading session. This change outpaced the S&P 500's 0.11% gain on the day. Meanwhile, the Dow lost 0.07%, and the Nasdaq, a tech-heavy index, added 0.22%.

The world's largest oilfield services company's shares have seen an increase of 2.74% over the last month, surpassing the Business Services sector's loss of 1% and the S&P 500's gain of 0.08%.

The investment community will be closely monitoring the performance of SLB in its forthcoming earnings report. The company is scheduled to release its earnings on January 23, 2026. The company's upcoming EPS is projected at $0.74, signifying a 19.57% drop compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.53 billion, up 2.64% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.89 per share and a revenue of $35.78 billion, representing changes of -15.25% and -1.4%, respectively, from the prior year.

Investors should also take note of any recent adjustments to analyst estimates for SLB. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.07% lower. At present, SLB boasts a Zacks Rank of #3 (Hold).

In the context of valuation, SLB is at present trading with a Forward P/E ratio of 13. This denotes a discount relative to the industry average Forward P/E of 19.35.

The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 71, finds itself in the top 29% echelons of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


SLB Limited (SLB) - free report >>

Published in