Schlumberger NV, a leading player in the Energy Equipment & Services sector, presents a potential buying opportunity as its shares experienced a dip today. Despite the current market turbulence, the company has shown robust fundamentals. With a Return On Assets of 6.74% and an Operating Margin of 15.49%, Schlumberger NV has demonstrated its ability to generate profits from its assets efficiently. The company's Profit Margin stands at 12.94%, indicating a healthy bottom line. The company's Gross Profit of
$5.2 billion and Net Interest Income of
$120 million further underline its strong
financial health. Analysts remain optimistic about the company's prospects, with 16 strong buy recommendations and 3 buy recommendations. The Wall Street Target Price is set at
$65.07, suggesting a potential upside from the current price. The company also offers a dividend yield of 1.75%, with a dividend per share of $0.775, adding an additional income stream for investors. Despite the day's dip, Schlumberger NV's solid
fundamentals make it a potential buy for investors seeking exposure in the Energy sector. Schlumberger NV's average assets are projected to decrease significantly, based on the reporting trends of the last few years. The company's average assets were valued at 43.01 billion the previous year. The current year's earnings before tax are expected to grow to approximately 4.6 billion, whereas the earnings before interest, taxes, depreciation, and amortization (EBITDA) are forecasted to decline to about 5.6 billion. As conservative investors increasingly turn their attention to the energy equipment and services sector, Schlumberger NV could potentially be on their radar. This article will analyze why the upcoming year could be much more favorable for Schlumberger shareholders. Additionally, I will discuss various factors influencing Schlumberger's products and services and explain how these may impact the company's investors.
Schlumberger NV, a leading player in the Oil & Gas Equipment & Services industry, is currently trading on the NYSE with a PE Ratio of
21.40. Despite a slight dip in the share price today, with a Day Median Price of $57.28, it's important to note that the Wall Street Target Price stands at a promising
$65.07. This suggests a Potential Upside of
3.98%, presenting a potential buying opportunity for investors. The company has shown robust
financial performance with an Income Before Tax of
$4.3B and a Net Interest Income of
$120M. The company's solid financial standing, coupled with its potential for growth, makes Schlumberger NV a stock worth considering for investment. For more information, visit their website at
www.slb.com.
Additional examination
The average rating for Schlumberger NV stock is 'Buy', as suggested by 19 analysts. Our recommendation module offers an impartial trading recommendation that can be utilized to supplement the current
average analyst sentiment on Schlumberger NV. Our recommendation engine provides guidance on the company's potential for growth, taking into account an investor's risk tolerance and investment horizon.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Schlumberger has an asset utilization ratio of 65.12 percent. This suggests that the company is making $0.65 for each dollar of assets. An increasing asset utilization means that Schlumberger NV is more efficient with each dollar of assets it utilizes for everyday operations.
| 2020 | 2021 | 2022 | 2023 (projected) |
Current Assets | 12.92 B | 12.65 B | 15 B | 16.17 B | Total Assets | 42.43 B | 41.51 B | 43.13 B | 48.25 B |
Schlumberger NV (SLB.US), a leading player in the Oil & Gas Equipment & Services industry, presents a potential buying opportunity as shares dip today. The company, headquartered at 5599 San Felipe, Houston, TX, United States, 77056, has a robust financial profile with a net asset value of
$43.13 billion and a market capitalization of
$81.76 billion.
Despite the current dip, Schlumberger has demonstrated a positive five-year return of 3.86%, and its EPS estimate for the current year stands at 3. The company's
financial health is further evidenced by its current ratio of 1.40X and a Price to Book ratio of 4.16X. Schlumberger's operating income is a healthy $4.8 billion, and the company has reported a net income of $3.49 billion. With a workforce of 99,000 full-time employees, Schlumberger has managed to achieve a quarterly revenue growth rate of 0.298. Despite the downside deviation of 2.16, the company's Treynor Ratio of 0.1111 indicates a positive risk-adjusted performance. With a current valuation of $92.36 billion and a target price of $65.07, Schlumberger NV stock could be a valuable addition to your portfolio. .
Schlumberger has 98 percent likelihood to slip below $56 in August
Schlumberger NV's stock is currently displaying a significant degree of volatility, as indicated by its coefficient of variation, which is currently at 1345.88. This increased volatility, in conjunction with other market indicators, suggests a 98 percent probability that the stock will fall below $56 in August. Investors are advised to exercise caution and take this potential downside risk into account when making investment decisions. At present, Schlumberger NV exhibits a below-average downside deviation. It has an Information Ratio of 0.05 and a Jensen Alpha of 0.1. However, we recommend investors to further scrutinize Schlumberger NV's expected returns to ensure all indicators align with the current outlook about its relatively low value at risk. Understanding different
market volatility trends can often assist investors in timing the market. Proper utilization of volatility indicators allows traders to gauge Schlumberger's stock risk against market volatility during both bullish and bearish trends.
The heightened level of volatility that accompanies bear markets can directly affect
Schlumberger's stock price, causing stress to investors as they witness their shares' value decline. This typically compels investors to rebalance their portfolios by purchasing different stocks as prices drop. Despite today's slip, Schlumberger NV still holds potential for investors. With an analyst target price estimated value of
$66.05, there is a possible upside price of $61.99, indicating room for growth. Furthermore, the analyst overall consensus is a 'Buy', with 16 strong buys out of 20 estimates. The valuation real value is currently at $59.6, slightly above the naive expected forecast value of $59.74. However, investors should also be aware of the possible downside price of $57.49 and the current valuation market value of
$57.26. Overall, Schlumberger NV presents a balanced investment opportunity with potential for both growth and risk. .
Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Schlumberger NV. Please refer to our
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