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Halliburton (HAL) Advances While Market Declines: Some Information for Investors
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In the latest close session, Halliburton (HAL - Free Report) was up +1.7% at $33.45. The stock outperformed the S&P 500, which registered a daily loss of 1.09%. On the other hand, the Dow registered a loss of 0.34%, and the technology-centric Nasdaq decreased by 2.15%.
Shares of the provider of drilling services to oil and gas operators have depreciated by 3.35% over the course of the past month, underperforming the Oils-Energy sector's gain of 0.3%, and the S&P 500's gain of 2.44%.
The upcoming earnings release of Halliburton will be of great interest to investors. The company's earnings report is expected 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.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.34 per share and a revenue of $22.38 billion, indicating changes of -3.31% and +0.89%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Halliburton. These revisions help to show the ever-changing nature of near-term business trends. 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. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.13% decrease. Halliburton currently has a Zacks Rank of #3 (Hold).
Investors should also note Halliburton's current valuation metrics, including its Forward P/E ratio of 14.06. This valuation marks a discount compared to its industry average Forward P/E of 20.5.
One should further note that HAL currently holds a PEG ratio of 1.9. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Oil and Gas - Field Services industry held an average PEG ratio of 1.9.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 165, which puts it in the bottom 33% 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.
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) Advances While Market Declines: Some Information for Investors
In the latest close session, Halliburton (HAL - Free Report) was up +1.7% at $33.45. The stock outperformed the S&P 500, which registered a daily loss of 1.09%. On the other hand, the Dow registered a loss of 0.34%, and the technology-centric Nasdaq decreased by 2.15%.
Shares of the provider of drilling services to oil and gas operators have depreciated by 3.35% over the course of the past month, underperforming the Oils-Energy sector's gain of 0.3%, and the S&P 500's gain of 2.44%.
The upcoming earnings release of Halliburton will be of great interest to investors. The company's earnings report is expected 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.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.34 per share and a revenue of $22.38 billion, indicating changes of -3.31% and +0.89%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Halliburton. These revisions help to show the ever-changing nature of near-term business trends. 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. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.13% decrease. Halliburton currently has a Zacks Rank of #3 (Hold).
Investors should also note Halliburton's current valuation metrics, including its Forward P/E ratio of 14.06. This valuation marks a discount compared to its industry average Forward P/E of 20.5.
One should further note that HAL currently holds a PEG ratio of 1.9. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Oil and Gas - Field Services industry held an average PEG ratio of 1.9.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 165, which puts it in the bottom 33% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.