Schlumberger Limited 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 SLB on the NYSE exchange.
Schlumberger Limited stock last closed at $52.31, down 0.46% from the previous day, and has increased 4.87% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.03 percentage points. Schlumberger Limited stock is currently +22.42% from its 52-week low of $42.73, and -16.68% from its 52-week high of $62.78.
There are currently 1.42B shares of SLB outstanding. The market value of SLB is $74.46B. In the last 24 hours, 5.62M SLB shares were traded.
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After you have figured out the best place to buy Schlumberger Limited stock, it's critical to research their stock before you buy, so you actually understand the risk as well as the opportunity.
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on SLB's stock page.
You can use many financial metrics, analyses, models, and charts to gauge SLB's fair value.
Using relative valuations metrics:
You can access additional valuation research on SLB's stock here.
Out of 10 Equities analysts who research SLB, the consensus analyst rating on SLB is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Charles Minervino, a top 18% analyst from Susquehanna maintains SLB with a strong buy rating and raises their SLB price target from $68.00 to $72.00, on Sep 7, 2023.
Susquehanna's Charles Minervino raised their price target on Schlumberger Limited (NYSE: SLB) by 5.9% from $68 to $72 on 2023/09/07. The analyst maintained their Strong Buy rating on the stock.
After hearing Schlumberger Limited's comments at Barclays CEO Energy-Power Conference, Minervino made some tweaks to their model.
However, the analyst said they still think the company's international business will grow steadily.
Factors that catalyze this growth, according to Minervino, include:
Amy Wong, a bottom 22% analyst from UBS maintains SLB with a strong buy rating and raises their SLB price target from $72.00 to $73.00, on Aug 17, 2023.
Kurt Hallead, a top 27% analyst from Benchmark reiterates SLB with a strong buy rating and maintains their SLB price target from $65.00 to $65.00, on Jul 24, 2023.
Keith Mackey, a top 15% analyst from RBC Capital reiterates SLB with a buy rating and maintains their SLB price target from $65.00 to $65.00, on Jul 24, 2023.
Connor Lynagh, a bottom 7% analyst from Morgan Stanley reiterates SLB with a strong buy rating and maintains their SLB price target from $62.00 to $62.00, on Jul 24, 2023.
You can dig deeper into what analysts are saying on the Schlumberger Limited stock forecast page.
Last year, SLB earnings were $4.15B. Over the last two year, SLB's earnings have gone up by 57.31% per year. This was slower than the Oil & Gas Equipment & Services industry average of 258.26%.
Last year, SLB revenue was $32.02B. In the last 5 year, SLB's revenue has grown by -0.49% per year. This was slower than the Oil & Gas Equipment & Services industry average of 3.28%.
You can analyze SLB's earnings and revenue performance here.
Over the past 12 months, insiders at SLB have sold more shares than they have bought.
Stephane Biguet, EVP CFO of SLB, was the latest SLB insider to sell. They sold $327,750.00 worth of SLB stock on Nov 27, 2023.
Get more info about who owns SLB stock here.
Schlumberger Limited pays a dividend of 1.77%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.18%. If you owned $1,000 worth of SLB stock, you would have received $17.68 last year.
Schlumberger Limited dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Schlumberger Limited dividend yield and history here.
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