Halliburton Earnings Estimate

HAL
 Stock
  

USD 31.43  0.07  0.22%   

Many public companies, such as Halliburton, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Halliburton's earnings estimates, investors can diagnose different trends across Halliburton's analyst sentiment over time as well as compare current estimates against different timeframes.
Halliburton is projected to generate 1.07 in earnings per share on the 31st of December 2021. Halliburton earnings estimates module stress-tests analyst consensus about projected Halliburton EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Risk vs Return Analysis.
  
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Gross Profit is expected to hike to about 2.4 B this year. Profit Margin is expected to hike to 0.10 this year

Halliburton Earnings Estimation Breakdown

Calculation of earning per share of Halliburton is based on official Zacks consensus of 9 analysts regarding Halliburton future annual earnings. Given the historical accuracy of 86.36%, the future earnings per share of Halliburton is estimated to be 1.07 with the lowest and highest values of 1.04 and 1.08, respectively. Please note that this consensus of annual earnings estimates for Halliburton is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 0.45
1.04
Lowest
Expected EPS 1.07
1.08
Highest

Halliburton Earnings Projection Consensus

Suppose the current estimates of Halliburton's value are higher than the current market price of the Halliburton stock. In this case, investors may conclude that Halliburton is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Halliburton's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

9

86.36%

0.45

1.07

Halliburton Earnings History

Earnings estimate consensus by Halliburton analysts from Wall Street is used by the market to judge Halliburton's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Halliburton's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Halliburton Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

670 Million

Share
Halliburton Price to Earnings Ratio are relatively stable at the moment as compared to the past year. The company's current value of Price to Earnings Ratio is estimated at 15.14. Earnings before Tax is expected to hike to about 1.3 B this year, although the value of Earnings Before Interest Taxes and Depreciation Amortization EBITDA will most likely fall to nearly 2.5 B. Issuance Purchase of Equity Shares is expected to hike to about 85.2 M this year, although the value of Weighted Average Shares will most likely fall to nearly 840.7 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Halliburton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Halliburton in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
28.1231.5635.00
Details
Intrinsic
Valuation
LowReal ValueHigh
23.8627.3034.57
Details
Naive
Forecast
LowNext ValueHigh
30.8934.3337.78
Details
18 Analysts
Consensus
LowTarget PriceHigh
18.2029.1436.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Halliburton. Your research has to be compared to or analyzed against Halliburton's peers to derive any actionable benefits. When done correctly, Halliburton's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Halliburton.
Note that many institutional investors and large investment bankers can move markets due to the volume of Halliburton assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Halliburton. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Halliburton stock price in the short term.

Halliburton Earnings per Share Projection vs Actual

Actual Earning per Share of Halliburton refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Halliburton predict the company's earnings will be in the future. The higher the earnings per share of Halliburton, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Halliburton Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Halliburton, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Halliburton should always be considered in relation to other companies to make a more educated investment decision.

Halliburton Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Halliburton's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-04-19
2022-03-310.340.350.01
2022-01-24
2021-12-310.340.360.02
2021-10-19
2021-09-300.27610.280.0039
2021-07-20
2021-06-300.22770.260.032314 
2021-04-21
2021-03-310.1680.190.02213 
2021-01-19
2020-12-310.14390.180.036125 
2020-10-19
2020-09-300.08530.110.024728 
2020-07-20
2020-06-30-0.11130.050.1613144 
2020-04-20
2020-03-310.24430.310.065726 
2020-01-21
2019-12-310.29470.320.0253
2019-10-21
2019-09-300.34350.34-0.0035
2019-07-22
2019-06-300.30.350.0516 
2019-04-22
2019-03-310.22630.230.0037
2019-01-22
2018-12-310.37090.410.039110 
2018-10-22
2018-09-300.49050.50.0095
2018-07-23
2018-06-300.58640.58-0.0064
2018-04-23
2018-03-310.40150.410.0085
2018-01-22
2017-12-310.46450.530.065514 
2017-10-23
2017-09-300.37550.420.044511 
2017-07-24
2017-06-300.18020.230.049827 
2017-04-24
2017-03-310.02950.040.010535 
2017-01-23
2016-12-310.02090.040.019191 
2016-10-19
2016-09-30-0.06370.010.0737115 
2016-07-20
2016-06-30-0.1945-0.140.054528 
2016-04-22
2016-03-310.04020.070.029874 
2016-01-25
2015-12-310.23870.310.071329 
2015-10-19
2015-09-300.270.310.0414 
2015-07-20
2015-06-300.290.440.1551 
2015-04-20
2015-03-310.370.490.1232 
2015-01-20
2014-12-311.11.190.09
2014-10-20
2014-09-301.11.190.09
2014-07-21
2014-06-300.910.910
2014-04-21
2014-03-310.710.730.02
2014-01-21
2013-12-310.890.930.04
2013-10-21
2013-09-300.820.830.01
2013-07-22
2013-06-300.720.730.01
2013-04-22
2013-03-310.570.620.05
2013-01-25
2012-12-310.60.630.03
2012-10-17
2012-09-300.670.670
2012-07-23
2012-06-300.750.80.05
2012-04-18
2012-03-310.850.890.04
2012-01-23
2011-12-310.9910.01
2011-10-17
2011-09-300.920.940.02
2011-07-18
2011-06-300.740.810.07
2011-04-18
2011-03-310.580.610.03
2011-01-24
2010-12-310.630.680.05
2010-10-18
2010-09-300.560.580.02
2010-07-19
2010-06-300.370.520.1540 
2010-04-19
2010-03-310.250.280.0312 
2010-01-25
2009-12-310.270.280.01
2009-10-16
2009-09-300.260.290.0311 
2009-07-20
2009-06-300.270.290.02
2009-04-20
2009-03-310.410.420.01
2009-01-26
2008-12-310.730.820.0912 
2008-10-20
2008-09-300.730.760.03
2008-07-22
2008-06-300.680.680
2008-04-21
2008-03-310.640.640
2008-01-28
2007-12-310.690.710.02
2007-10-21
2007-09-300.640.660.02
2007-07-23
2007-06-300.560.60.04
2007-04-26
2007-03-310.520.520
2007-01-26
2006-12-310.610.620.01
2006-10-22
2006-09-300.540.580.04
2006-07-20
2006-06-300.490.48-0.01
2006-04-20
2006-03-310.440.450.01
2006-01-26
2005-12-310.450.520.0715 
2005-10-24
2005-09-300.410.410
2005-07-21
2005-06-300.280.380.135 
2005-04-21
2005-03-310.220.290.0731 
2005-01-28
2004-12-310.240.22-0.02
2004-10-26
2004-09-300.180.20.0211 
2004-07-23
2004-06-300.160.170.01
2004-04-28
2004-03-310.150.14-0.01
2004-01-29
2003-12-310.160.170.01
2003-10-29
2003-09-300.140.160.0214 
2003-07-31
2003-06-300.010.030.02200 
2003-04-29
2003-03-310.10.06-0.0440 
2003-02-20
2002-12-310.120.120
2002-11-07
2002-09-300.10.140.0440 
2002-07-24
2002-06-300.080.090.0112 
2002-05-07
2002-03-310.10.10
2002-01-23
2001-12-310.160.170.01
2001-10-23
2001-09-300.210.210
2001-07-25
2001-06-300.150.170.0213 
2001-04-25
2001-03-310.110.1-0.01
2001-01-30
2000-12-310.130.140.01
2000-10-24
2000-09-300.140.12-0.0214 
2000-07-26
2000-06-300.070.06-0.0114 
2000-04-26
2000-03-310.060.060
2000-01-27
1999-12-310.080.090.0112 
1999-10-21
1999-09-300.060.070.0116 
1999-07-22
1999-06-300.090.10.0111 
1999-04-26
1999-03-310.090.090
1999-01-25
1998-12-310.140.1-0.0428 
1998-10-29
1998-09-300.210.220.01
1998-07-22
1998-06-300.250.260.01
1998-04-22
1998-03-310.230.22-0.01
1998-01-22
1997-12-310.270.280.01
1997-10-22
1997-09-300.220.250.0313 
1997-07-23
1997-06-300.20.20
1997-04-23
1997-03-310.160.160
1997-01-22
1996-12-310.190.210.0210 
1996-10-22
1996-09-300.170.180.01
1996-07-23
1996-06-300.140.140
1996-04-22
1996-03-310.110.110

About Halliburton Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Halliburton earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Halliburton estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Halliburton fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit9.7 B11.4 B
Earning Before Interest and Taxes EBIT1.7 B1.8 B
Earnings per Basic Share 1.63  1.76 
Earnings per Diluted Share 1.63  1.76 
Price to Earnings Ratio 14.03  15.14 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.6 B2.5 B
Earnings before Tax1.2 B1.3 B
Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.

Halliburton Investors Sentiment

The influence of Halliburton's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Halliburton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Halliburton Implied Volatility

    
  47.98  
Halliburton's implied volatility exposes the market's sentiment of Halliburton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Halliburton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Halliburton stock will not fluctuate a lot when Halliburton's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Halliburton in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Halliburton's short interest history, or implied volatility extrapolated from Halliburton options trading.

Current Sentiment - HAL

Halliburton Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Halliburton. What is your judgment towards investing in Halliburton? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Risk vs Return Analysis. Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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Is Halliburton's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.53
Market Capitalization
28.3 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0558
Return On Equity
0.26
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine Halliburton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.