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Halliburton (HAL) Stock Dips While Market Gains: Key Facts

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In the latest trading session, Halliburton (HAL - Free Report) closed at $30.83, marking a -3.41% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.62%. On the other hand, the Dow registered a gain of 0.99%, and the technology-centric Nasdaq increased by 0.65%.

Heading into today, shares of the provider of drilling services to oil and gas operators had gained 13.68% over the past month, outpacing the Oils-Energy sector's gain of 0.26% and the S&P 500's gain of 0.59%.

Market participants will be closely following the financial results of Halliburton in its upcoming release. The company plans to announce its earnings on January 21, 2026. The company's upcoming EPS is projected at $0.54, signifying a 22.86% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $5.39 billion, down 3.87% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates project earnings of $2.26 per share and a revenue of $21.89 billion, demonstrating changes of -24.41% and 0%, respectively, from the preceding year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Halliburton. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.09% higher within the past month. Halliburton is currently a Zacks Rank #3 (Hold).

Looking at its valuation, Halliburton is holding a Forward P/E ratio of 14.74. This valuation marks a discount compared to its industry average Forward P/E of 17.68.

The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 49, putting it in the top 20% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.


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