Estimates Rush on Leading Stocks: Halliburton Company (NYSE:HAL), Bill Barrett (NYSE:BBG)

Halliburton Company (NYSE:HAL) [Trend Analysis] retains strong position in active trade, as shares scoring 0.09% to $54.09 in active trade session, while looking at the shares volume, around 4.65 Million shares have changed hands in this session. Lets us look over what analysts have to say about performance of the HAL. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.01 as compared to the next year Q1 current trend of $0.09. While on annual basis the current EPS estimates trend for FY 2017 came in for $1.01 as compared to three months ago $0.97.

The stock prices target chart showed high target of 72 kept by analysts at WSJ while the average price target was for 57.73 as compared to current price of 54.09. Somehow, the stock managed to gain BUY ratings by 33 analysts in current tenure as 3 analysts having overweight ratings, 3 recommend as HOLD, 3 stands at Underweight. Overall, the consensus ratings were for Buy by the pool of analysts.

The firm has institutional ownership of 80%, while insider ownership included 0.30%. HAL attains analyst recommendation of 1.80 with week’s performance of -1.78%. Investors looking further ahead will note that the Price to next year’s EPS is 2140%.

Bill Barrett Corporation (NYSE:BBG) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -1.96% to 6.99 with around 2.71 Million shares have changed hands in this session. Finally to see some strong financial remarks by WSJ over BBG performance. Out of the pool of analysts 4 gave their BUY ratings on the stock in previous month as 3 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst. Majority ranked Hold from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $-0.10 while one month ago this estimate trend was for $-0.10. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $-0.70 and for the one month was for $-0.85 as compared to three months ago was for $-0.91. Whereas, BBG received highest price target of 14 and low target of 6. The stock price target chart showed average price target of 8.22 as compared to current price of 6.99.

The stock is going forward its fifty-two week low with 219.18% and lagging behind from its 52-week high price with -25.48%. Similar, the positive performance for the quarter recorded as 25.72% and for the year was 77.86%, while the YTD performance remained at 77.86%. BBG has Average True Range for 14 days of 0.39.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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