Halliburton (HAL) closed at $28.31, down 1.29% from the previous day, lagging behind the S&P 500’s gain. Prior to this, HAL shares had dropped 8.6% over the past month, underperforming the sector. Analysts predict a 3.8% decline in EPS and a 0.55% revenue increase for the company’s upcoming earnings release.

Analysts expect Halliburton to post earnings of $3.14 per share and revenue of $23.46 billion for the full year, showing slight improvements from last year. Recent estimate revisions indicate analyst optimism about the company’s future profitability. Halliburton currently holds a Zacks Rank of #4 (Sell) and has a Forward P/E ratio of 9.12.

The Oil and Gas – Field Services industry, to which Halliburton belongs, has a Zacks Industry Rank of 180, placing it in the bottom 29% of all industries. Zacks research suggests that top-rated industries outperform the bottom half by a factor of 2 to 1. Stay updated on stock-moving metrics through Zacks.com for upcoming trading sessions.

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