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Halliburton (HAL) Stock Moves -1.62%: What You Should Know
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Halliburton (HAL - Free Report) closed at $32.85 in the latest trading session, marking a -1.62% move from the prior day. Elsewhere, the Dow saw a downswing of 0.36%, while the tech-heavy Nasdaq appreciated by 0.45%.
Shares of the provider of drilling services to oil and gas operators witnessed a loss of 3.58% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 0.41%, and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Halliburton in its upcoming release. The company plans to announce its earnings on October 20, 2026. It is anticipated that the company will report an EPS of $0.58, marking stability compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $5.59 billion, reflecting a 0.13% fall from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $22.39 billion. These totals would mark changes of -3.31% and +0.94%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Halliburton. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Halliburton is currently a Zacks Rank #3 (Hold).
In the context of valuation, Halliburton is at present trading with a Forward P/E ratio of 14.26. This denotes a discount relative to the industry average Forward P/E of 21.85.
Investors should also note that HAL has a PEG ratio of 1.92 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Field Services industry currently had an average PEG ratio of 1.92 as of yesterday's close.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 87, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Halliburton (HAL) Stock Moves -1.62%: What You Should Know
Halliburton (HAL - Free Report) closed at $32.85 in the latest trading session, marking a -1.62% move from the prior day. Elsewhere, the Dow saw a downswing of 0.36%, while the tech-heavy Nasdaq appreciated by 0.45%.
Shares of the provider of drilling services to oil and gas operators witnessed a loss of 3.58% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 0.41%, and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Halliburton in its upcoming release. The company plans to announce its earnings on October 20, 2026. It is anticipated that the company will report an EPS of $0.58, marking stability compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $5.59 billion, reflecting a 0.13% fall from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $22.39 billion. These totals would mark changes of -3.31% and +0.94%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Halliburton. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Halliburton is currently a Zacks Rank #3 (Hold).
In the context of valuation, Halliburton is at present trading with a Forward P/E ratio of 14.26. This denotes a discount relative to the industry average Forward P/E of 21.85.
Investors should also note that HAL has a PEG ratio of 1.92 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Field Services industry currently had an average PEG ratio of 1.92 as of yesterday's close.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 87, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.