Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Halliburton (HAL) Share Price

Headlines about Halliburton (NYSE:HAL) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Halliburton earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the oilfield services company an impact score of 46.2272952724356 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s scoring:

Halliburton (NYSE HAL) traded up $0.14 during mid-day trading on Wednesday, hitting $46.24. 5,988,343 shares of the stock traded hands, compared to its average volume of 9,700,000. Halliburton has a 1 year low of $38.18 and a 1 year high of $57.86. The stock has a market capitalization of $40,460.00, a price-to-earnings ratio of 124.97, a price-to-earnings-growth ratio of 2.30 and a beta of 1.06. The company has a quick ratio of 1.72, a current ratio of 2.22 and a debt-to-equity ratio of 1.25.

Halliburton (NYSE:HAL) last released its earnings results on Monday, January 22nd. The oilfield services company reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. Halliburton had a negative net margin of 2.25% and a positive return on equity of 11.95%. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.63 billion. During the same period last year, the business earned $0.04 earnings per share. The business’s revenue was up 47.7% on a year-over-year basis. analysts forecast that Halliburton will post 2.55 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Wednesday, March 7th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 6th. This represents a $0.72 annualized dividend and a dividend yield of 1.56%. Halliburton’s payout ratio is 194.59%.

HAL has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Halliburton from a “buy” rating to a “hold” rating in a report on Wednesday. ValuEngine lowered shares of Halliburton from a “hold” rating to a “sell” rating in a report on Thursday, March 8th. Atlantic Securities upgraded shares of Halliburton from an “underweight” rating to a “neutral” rating in a report on Monday, January 29th. Bank of America lowered shares of Halliburton from a “buy” rating to a “neutral” rating and set a $50.00 target price for the company. in a report on Monday, February 26th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a $65.00 target price (up from $55.00) on shares of Halliburton in a report on Tuesday, January 23rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twenty-two have assigned a buy rating to the company’s stock. Halliburton has an average rating of “Buy” and an average target price of $59.09.

In other news, EVP Robb L. Voyles sold 39,287 shares of Halliburton stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $55.00, for a total transaction of $2,160,785.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Anne L. Beaty sold 2,937 shares of Halliburton stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $51.57, for a total transaction of $151,461.09. Following the transaction, the vice president now owns 60,839 shares of the company’s stock, valued at $3,137,467.23. The disclosure for this sale can be found here. Insiders have sold 125,922 shares of company stock valued at $6,706,509 over the last quarter. Company insiders own 0.47% of the company’s stock.

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About Halliburton

Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.

Insider Buying and Selling by Quarter for Halliburton (NYSE:HAL)

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