Economy

Analyzing the Financial Health of Schlumberger Limited (NYSE:SLB)

Fernwood Investment Management LLC now owns 4,125 shares of the oil and gas company's stock worth $272,000 after purchasing an additional 50 shares during the last quarter. Wetherby Asset Management Inc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $92.90 billion market cap company. The stock saw a move of 0.95% during the latest trading session.

Schlumberger NV (NYSE:SLB) last released its quarterly earnings results on Thursday, October 20th. It has underperformed by 20.00% the S&P500. It also increased its holding in Select Bancorp Inc New (NASDAQ:SLCT) by 53,395 shares in the quarter, for a total of 97,066 shares, and has risen its stake in American Express Co (Put) (NYSE:AXP). GEVO's SI was 1.69 million shares in November as released by FINRA. Aristotle Capital Management Llc sold 6,800 shares as Abbott Labs (ABT)'s stock declined 3.42%. With 2.13 million avg volume, 1 days are for Gevo Incorporated (NASDAQ:GEVO)'s short sellers to cover GEVO's short positions. The SI to Gevo Incorporated's float is 32.62%. About 22,264 shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since November 9, 2016 and is uptrending. It has underperformed by 101.94% the S&P500. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. Therefore 77% are positive.

Several equities analysts have issued reports on SLB shares. As per Wednesday, October 25, the company rating was maintained by Barclays Capital. At the moment, the average analyst rating for SLB is Moderate Buy. The rating was maintained by Jefferies on Friday, April 7 with "Buy". The stock has "Hold" rating by TD Securities on Friday, November 11. The rating was initiated by Cowen & Co with "Market Perform" on Wednesday, August 17. Robert W. Baird maintained the stock with "Hold" rating in Thursday, September 14 report. On Friday, October 9 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, November 22. The firm earned "Buy" rating on Thursday, August 27 by Zacks.

Schlumberger Limited most recently reported earnings per share (EPS) of $0.42 for the September 2017 versus $0.25 in the same quarter a year ago, representing 68% growth. Its down 0.22, from 1.28 in 2017Q1. 28 funds opened positions while 58 raised stakes. (NYSE:SLB). Utah Retirement System holds 0.39% or 254,948 shares in its portfolio. After $1.67 actual earnings per share reported by AerCap Holdings N.V. for the previous quarter, Wall Street now forecasts -11.98% negative EPS growth. Abner Herrman And Brock Ltd Liability Corporation invested 1.21% of its portfolio in Schlumberger Limited. Vigilant Management Limited Com owns 128,199 shares or 1.37% of their U.S. portfolio. Stephens Inc Ar owns 435 shares for 0% of their portfolio. Longer Inc, Arkansas-based fund reported 42,605 shares. Following the completion of the sale, the director now directly owns 17,750 shares of the company's stock, valued at $1,386,097.50. Seabridge Inv Ltd holds 0.03% or 2,875 shares in its portfolio. 10,191 were reported by Indexiq Advisors Limited Com. Tukman Grossman Capital Inc reported 125,897 shares. Cadence Fincl Bank Na reported 0.61% stake. Clearbridge Invs Ltd Com invested 0.87% in Schlumberger Limited. It also reduced Cullen Frost Bankers (NYSE:CFR) stake by 4,459 shares and now owns 121,413 shares. The company has market cap of $2.09 billion. It has a 27.42 P/E ratio.

Since May 30, 2017, it had 1 insider buy, and 2 insider sales for $2.87 million activity. Another trade for 5,000 shares valued at $349,100 was made by SANDVOLD TORE I on Wednesday, June 7. The insider Floridia Aaron Gatt sold 40,000 shares worth $2.77M. CURRIE PETER L S bought $250,203 worth of Schlumberger Limited.

Among 35 analysts covering Schlumberger Limited. Therefore 60% are positive. Chemtrade Logistics Income Fund had 18 analyst reports since July 24, 2015 according to SRatingsIntel. The company presently has an average rating of "Buy" and a consensus target price of $91.40. Finally, Scotiabank set a $80.00 price target on Schlumberger N.V. and gave the stock a "buy" rating in a research note on Saturday, October 21st. Schlumberger Limited (SLB) now has 1.39 million shares outstanding, which means that its market capitalization is $92.88B. Finally, Loop Capital started coverage on Schlumberger NV in a research report on Friday, September 30th. (NYSE:SLB) for 267,553 shares. The stock has "Outperform" rating by Scotia Capital on Wednesday, September 21. The rating was maintained by National Bank Canada with "Sector Perform" on Monday, January 30. The firm earned "Underperform" rating on Thursday, October 22 by Wells Fargo. Credit Suisse maintained it with "Buy" rating and $7800 target in Monday, July 24 report. As per Tuesday, May 10, the company rating was upgraded by Guggenheim. As per Thursday, April 20, the company rating was upgraded by Suntrust Robinson.

When investors are considering buying a new stock, they often want to know the general Wall Street consensus on the company - by checking out the average analyst rating, for instance.



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