Halliburton Company faces significant news coverage including the decrease of stock positions by
Toronto Dominion Bank and
Glenmede Trust Co. NA. However,
institutional shareholders still hold around 86% of the company. Similarly,
Geode Capital Management LLC and
Neo Ivy Capital Management purchased HAL shares, with potential
42% undervaluation noted. Unfortunately, HAL stock
underperformed in the market despite some daily wins. Negative sentiment comes from
Jim Cramer who advised to 'stay away' from HAL due to
declining oil prices and economic slowdown. Discouraging also was the
Q3 earnings that missed the estimates with
$0.65 EPS and
$5.7 billion revenue. However, Halliburton announced
new dividends and a
new facility in Namibia. The company sees opportunity with their
humanoid robot stock following
Morgan Stanley report. Amid the turbulence, analysts show signs of optimism with
10% upside potential and suggest that HAL could benefit if
Donald Trump wins the upcoming election.
Halliburton Company HAL News Analytics from Mon, 10 Jun 2024 07:00:00 GMT to Sat, 14 Dec 2024 10:53:01 GMT -
Rating -3
- Innovation -4
- Information 6
- Rumor -2
