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Halliburton (HAL) Stock Slides as Market Rises: Facts to Know Before You Trade
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Halliburton (HAL - Free Report) closed at $38.00 in the latest trading session, marking a -2.54% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.72% for the day. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 1.16%.
Shares of the provider of drilling services to oil and gas operators have appreciated by 10.58% over the course of the past month, outperforming the Oils-Energy sector's gain of 9.32%, and the S&P 500's loss of 4.99%.
The upcoming earnings release of Halliburton will be of great interest to investors. The company's earnings report is expected on April 21, 2026. It is anticipated that the company will report an EPS of $0.51, marking a 15% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $5.29 billion, showing a 2.29% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.21 per share and revenue of $21.7 billion. These totals would mark changes of -8.68% and -2.17%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Halliburton. 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.77% increase. Halliburton is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Halliburton is at present trading with a Forward P/E ratio of 17.65. This represents a discount compared to its industry average Forward P/E of 21.39.
Also, we should mention that HAL has a PEG ratio of 2.38. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Oil and Gas - Field Services industry was having an average PEG ratio of 1.65.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Halliburton (HAL) Stock Slides as Market Rises: Facts to Know Before You Trade
Halliburton (HAL - Free Report) closed at $38.00 in the latest trading session, marking a -2.54% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.72% for the day. Elsewhere, the Dow gained 0.48%, while the tech-heavy Nasdaq added 1.16%.
Shares of the provider of drilling services to oil and gas operators have appreciated by 10.58% over the course of the past month, outperforming the Oils-Energy sector's gain of 9.32%, and the S&P 500's loss of 4.99%.
The upcoming earnings release of Halliburton will be of great interest to investors. The company's earnings report is expected on April 21, 2026. It is anticipated that the company will report an EPS of $0.51, marking a 15% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $5.29 billion, showing a 2.29% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.21 per share and revenue of $21.7 billion. These totals would mark changes of -8.68% and -2.17%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Halliburton. 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.77% increase. Halliburton is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Halliburton is at present trading with a Forward P/E ratio of 17.65. This represents a discount compared to its industry average Forward P/E of 21.39.
Also, we should mention that HAL has a PEG ratio of 2.38. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Oil and Gas - Field Services industry was having an average PEG ratio of 1.65.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.