Schlumberger Ltd (NYSE:SLB) shares, rose in value, with the stock price up by 0.47% to the previous day’s close as strong demand from buyers drove the stock to $42.62.
Actively observing the price movement in the recent trading, the stock is buoying the session at $42.42, falling within a range of $42.07 and $42.83. The value of beta (5-year monthly) is 1.48 whereas the PE ratio is 13.71 over 12-month period. Referring to stock’s 52-week performance, its high was $55.69, and the low was $36.52. On the whole, SLB has fluctuated by 4.98% over the past month.
With the market capitalization of Schlumberger Ltd currently standing at about $57.96 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-16. The company’s Forward Dividend Ratio is 1.11, with its dividend yield at 2.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 38.01B, with a low estimate of 8.5B and a high estimate of 8.76B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 8.63B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SLB’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.07, with the price of SLB currently trading nearly 4.16% and 3.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.18, while the 7-day volatility ratio is showing 2.01% which for the 30-day chart, stands at 2.90%. Furthermore, Schlumberger Ltd (SLB)’s beta value is 1.13, and its average true range (ATR) is 1.07.
A comparison of Schlumberger Ltd (SLB) with its peers suggests the former has fared considerably weaker in the market. SLB showed an intraday change of 0.47% in today’s session so far, and over the past year, it shrunk by -21.52%%.
Data on historical trading for Schlumberger Ltd (NYSE:SLB) indicates that the trading volumes over the past 10 days have averaged 19.39 and over the past 3 months, they’ve averaged 15.06 million. According to company’s latest data on outstanding shares, there are 1.40 billion shares outstanding.
Nearly 0.22% of Schlumberger Ltd’s shares belong to company insiders and institutional investors own 89.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 69.82 million shares as on 2025-03-14, resulting in a short ratio of 4.82. According to the data, the short interest in Schlumberger Ltd (SLB) stood at 515.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 76.35 million. The stock has risen by 11.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SLB stock heading into the next quarter.
