How to Buy Halliburton Co Stock
Halliburton Co
Halliburton Co is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker HAL on the NYSE exchange.
Halliburton Co stock last closed at $37.71, up 1.84% from the previous day, and has decreased 0.48% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.06 percentage points. Halliburton Co stock is currently +35.45% from its 52-week low of $27.84, and -14% from its 52-week high of $43.85.
As of Dec 1, 2023, there are 895.05M shares of HAL outstanding. The market cap of HAL is $33.75B. In the past 24 hours, 6.67M HAL shares were traded.
How to Buy Halliburton Co Stock
Not sure how to invest in Halliburton Co stock? Here's how.
- Figure out where to buy Halliburton Co stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Halliburton Co stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your details.
- Evaluate Halliburton Co stock: The Halliburton Co ticker symbol is HAL. Is Halliburton Co stock a good investment? Should you buy shares of HAL? How do HAL's underlying business fundamentals look? Do top analysts think Halliburton Co is a good buy? Why has HAL's stock price moved recently? (Hint: Our stock market analysis website can help you decide if HAL is a good stock to buy).
- Execute your HAL trade: Decide if you will purchase HAL shares at the current market price or use a limit order to buy HAL shares at a specific price.
- Watch your HAL position: Create a watchlist to key updates about your position in Halliburton Co stock.
Step 1: Figure out where to buy Halliburton Co stock
You will need a brokerage account to access the NYSE market and buy HAL shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in HAL stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Evaluate Halliburton Co stock
Once you have chosen the best place to buy Halliburton Co stock, it's important to research their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Halliburton Co quick stats
Halliburton Co Zen Score
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on HAL's stock page.
Is HAL stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HAL's true value.
Using relative valuations metrics:
- HAL could be overvalued based on its P/E ratio of 12.87x, relative to Oil & Gas Equipment & Services industry P/E ratio of 11.73x
- HAL may be overvalued based on its P/B ratio of 3.69x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.77x
- HAL may be overvalued based on its PEG ratio of 1.74x
You can do more valuation research on HAL's stock here.
HAL Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the HAL balance sheet.
- HAL earnings of $3.68B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the HAL balance sheet.
- HAL profit margin has gone up from 9.2% to 11.5% in the past year.
- HAL's operating cash flow of $3.21B allows it to safely service it's debt of $8.90B.
- Total HAL debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- HAL has a relatively high debt to equity ratio of 1.67.
Do analysts think it's a good time to buy HAL stock
Out of 14 sell side analysts who give recommendations on HAL, the consensus analyst rating on Halliburton Co is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent HAL Analyst Ratings
Luke Lemoine, a top 19% analyst from Piper Sandler maintains HAL with a strong buy rating and raises their HAL price target from $46.00 to $56.00, on Sep 11, 2023.
Piper Sandler's Luke Lemoine raised their price target on Halliburton Co (NYSE: HAL) by 21.7% from $46 to $56 on 2023/09/11. The analyst maintained their Strong Buy rating on the stock.
The analyst told investors their move was as part of a broader re-evaluation of their Oilfield services portfolio.
The outlook for the international and offshore oil service cycle "continues to be the best they have ever seen in 20 years," Lemoine said.
The combination of tight capacity, capital discipline, and a multi-year growth horizon is keeping the market tight, the analyst detailed, adding that "U.S. land rig count is still bottoming while land activity is expected to pick up."
Josh Silverstein, a top 26% analyst from UBS maintains HAL with a strong buy rating and raises their HAL price target from $49.00 to $52.00, on Aug 17, 2023.
Connor Lynagh, a bottom 8% analyst from Morgan Stanley reiterates HAL with a strong buy rating and maintains their HAL price target from $45.00 to $45.00, on Aug 1, 2023.
Abhishek Kumar, a top 29% analyst from HSBC maintains HAL with a strong buy rating and lowers their HAL price target from $57.00 to $50.00, on Jul 21, 2023.
Arun Jayaram, a top 10% analyst from JP Morgan maintains HAL with a strong buy rating and lowers their HAL price target from $50.00 to $45.00, on Jul 20, 2023.
You can dive deeper into what analysts are projecting on the Halliburton Co stock forecast page.
HAL Technicals
Is HAL Making Money?
Last year, HAL earnings were $2.63B. In the past 5 year, HAL's earnings have increased by 74.71% per year. This was slower than the Oil & Gas Equipment & Services industry average of 259.71%.
Last year, HAL revenue was $22.86B. In the last 5 year, HAL's revenue has increased by -0.97% per year. This was slower than the Oil & Gas Equipment & Services industry average of 3.32%.
Find out more about HAL's earnings and revenue performance here.
Are HAL executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at HAL have bought more shares than they have sold.
Van H. Beckwith, EVP Secretary and CLO of HAL, was the latest HAL insider to sell. They sold $214,700.00 worth of HAL shares on Oct 20, 2023.
Research more about who owns HAL shares here.
Does HAL provide a stable income stream?
Halliburton Co pays a dividend of 1.59%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.23%. If you owned $1,000 worth of HAL stock, you would have received $15.91 in the past year.
Halliburton Co dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Halliburton Co dividend yield and history here.
What others are saying about HAL
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your HAL trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your HAL position
Now that you own some shares in HAL, you'll want to stay up-to-date on your company.
Put HAL on a watchlist to see the latest developments about your HAL stock.
HAL Feed
How to Buy Stock in Halliburton Co
To reiterate, here are the 6 steps to buy Halliburton Co stock:
- Figure out where to buy Halliburton Co stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Halliburton Co stock
- Execute your HAL trade
- Watch your HAL position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Halliburton Co, get started below.
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