The last stock close price is down -5.96% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. Following the completion of the transaction, the director now directly owns 7,750 shares in the company, valued at $631,935. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Retirement Systems of Alabama increased its stake in Schlumberger Limited.by 61.3% in the first quarter. LLC increased its stake in Schlumberger Limited.by 4.4% in the first quarter.
Schlumberger Limited shares decreased -3.85 percent over the past week and fell -2.77 percent over the previous month. Waldron Ltd Partnership has invested 0.12% in Schlumberger Limited. Natl Registered Inv Advisor owns 15,580 shares or 0.59% of their USA portfolio. Finally, SunTrust Banks, Inc. assumed coverage on Schlumberger Limited.in a report on Wednesday, January 18th. Investors measure stock performance on the basis of a company's earnings power.
Several analysts have recently updated their ratings and price targets for Schlumberger Limited. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". Schlumberger Limited. now has an average rating of "Buy" and an average target price of $95.83.
Schlumberger Limited. (NYSE:SLB): The largest oilfield services provider in the world is expected to report first quarter earnings today before the market opens, setting the tone for upcoming quarterly results of its peers. (NYSE:SLB) traded down 2.777% during mid-day trading on Friday, reaching $74.385.
The market downturn characterized by historically low crude oil prices a year ago sidelined companies like Schlumberger as investments in exploration and production dwindled.
During the first quarter, Schlumberger repurchased 4.7 million shares of stock at an average price of $78.97 per share for a total cost of $372 million.
Schlumberger Limited. had a positive return on equity of 3.81% and a negative net margin of 6.07%. (NYSE:SLB) last posted its quarterly earnings data on Friday, January 20th.
Excluding items, Schlumberger earned 25 cents per share, matching analysts' estimates, according to Thomson Reuters I/B/E/S. Analysts are looking for an EPS of $5.89 and revenue of $2.93 billion. The company had revenue of $7.11 billion for the quarter, compared to analysts' expectations of $7.10 billion. After having $0.09 EPS previously, Atlantic Capital Bancshares Inc's analysts see 66.67% EPS growth. Investors of record on Wednesday, February 15th were paid a dividend of $0.50 per share.
Paal Kibsgaard, chairman and chief executive officer of Schlumberger Limited, pauses during a panel session at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, on Friday, June 19, 2015.