Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Throughout the last three months, 17 analysts have evaluated Schlumberger (NYSE:SLB), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 8 | 8 | 1 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 7 | 6 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 2 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $67.35, along with a high estimate of $77.00 and a low estimate of $53.00. This current average represents a 1.1% decrease from the previous average price target of $68.10.
A clear picture of Schlumberger's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
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Chris Vole | Wells Fargo | Lowers | Equal-Weight | $53.00 | $68.00 |
Stephen Gengaro | Stifel | Maintains | Buy | $64.00 | $64.00 |
Connor Lynagh | Morgan Stanley | Maintains | Overweight | $65.00 | - |
Marc Bianchi | TD Cowen | Lowers | Buy | $63.00 | $64.00 |
Charles Minervino | Susquehanna | Maintains | Positive | $77.00 | $77.00 |
Phillip Jungwirth | BMO Capital | Lowers | Outperform | $64.00 | $66.00 |
Kurt Hallead | Benchmark | Maintains | Buy | $68.00 | - |
Chase Mulvehill | B of A Securities | Lowers | Buy | $62.00 | $63.00 |
Chase Mulvehill | B of A Securities | Raises | Buy | $63.00 | $62.00 |
Charles Minervino | Susquehanna | Maintains | Positive | $77.00 | $77.00 |
Abhishek Kumar | HSBC | Maintains | Buy | $71.00 | - |
David Anderson | Barclays | Lowers | Overweight | $70.00 | $74.00 |
Kurt Hallead | Benchmark | Maintains | Buy | $68.00 | - |
Keith Mackey | RBC Capital | Raises | Outperform | $69.00 | $66.00 |
Kurt Hallead | Benchmark | Maintains | Buy | $68.00 | - |
Charles Minervino | Susquehanna | Maintains | Positive | $77.00 | - |
Keith Mackey | RBC Capital | Maintains | Outperform | $66.00 | - |
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Schlumberger's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Schlumberger analyst ratings.
SLB is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Schlumberger's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 12.55%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Schlumberger's net margin excels beyond industry benchmarks, reaching 12.27%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Schlumberger's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.22% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Schlumberger's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.23%, the company showcases efficient use of assets and strong financial health.
Debt Management: Schlumberger's debt-to-equity ratio is below the industry average at 0.59, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: SLB