Schlumberger Trading Down 2.2 percent on Analyst Downgrade
| SLB Stock | USD 41.01 0.52 1.25% |
About 62% of Schlumberger's investor base is looking to short. The analysis of overall sentiment of trading Schlumberger NV stock suggests that many investors are alarmed at this time. The current market sentiment, together with Schlumberger's historical and current headlines, can help investors time the market. In addition, many technical investors use Schlumberger NV stock news signals to limit their universe of possible portfolio assets.
Schlumberger |
Schlumberger Limited s share price was down 2.2 percent during trading on Tuesday after Bank of America lowered their price target on the stock from 58.00 to 54.00. Bank of America currently has a buy rating on the stock. Schlumberger traded as low as 43.06 and last traded at 43.71. Approximately 2,889,086
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Schlumberger Fundamental Analysis
We analyze Schlumberger's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Schlumberger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Schlumberger based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Schlumberger is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Schlumberger NV Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Schlumberger stock to make a market-neutral strategy. Peer analysis of Schlumberger could also be used in its relative valuation, which is a method of valuing Schlumberger by comparing valuation metrics with similar companies.
Peers
Schlumberger Related Equities
| TS | Tenaris SA | 1.13 | ||||
| FTI | TechnipFMC PLC | 0.14 | ||||
| NOV | NOV | 0.20 | ||||
| OII | Oceaneering International | 0.23 | ||||
| WHD | Cactus | 0.47 | ||||
| CHX | ChampionX | 0.82 | ||||
| HAL | Halliburton | 1.18 | ||||
| BKR | Baker Hughes | 1.30 | ||||
| WFRD | Weatherford International | 2.28 | ||||
| DNOW | Now | 4.40 | ||||
| TDW | Tidewater | 4.47 | ||||
| VAL | Valaris | 5.55 | ||||
| XPRO | Expro Group | 7.32 |
Complementary Tools for Schlumberger Stock analysis
When running Schlumberger's price analysis, check to measure Schlumberger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schlumberger is operating at the current time. Most of Schlumberger's value examination focuses on studying past and present price action to predict the probability of Schlumberger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schlumberger's price. Additionally, you may evaluate how the addition of Schlumberger to your portfolios can decrease your overall portfolio volatility.
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