The price of Schlumberger Ltd (NYSE:SLB) shares last traded on Wall Street rose 0.03% to $34.11.
SLB stock price is now -12.02% away from the 50-day moving average and -18.09% away from the 200-day moving average. The market capitalization of the company currently stands at $46.40B.
With the price target maintained at $44, Wells Fargo recently Upgraded its rating from Equal Weight to Overweight for Schlumberger Ltd (NYSE: SLB). On January 21, 2025, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $53 to quote $55, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Raman Aparna, Chief Strategy & Mktg Officer sold 25,133 shares of the company’s stock on Mar 28 ’25. The stock was sold for $1,062,623 at an average price of $42.28. Upon completion of the transaction, the Chief Strategy & Mktg Officer now directly owns 31,031 shares in the company, valued at $1.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’25, Officer Raman Aparna bought 25,133 shares of the business’s stock. A total of $1,062,553 was incurred on buying the stock at an average price of $42.28. A total of 0.21% of the company’s stock is owned by insiders.
During the past 12 months, Schlumberger Ltd has had a low of $31.11 and a high of $50.94. As of last week, the company has a debt-to-equity ratio of 0.72, a current ratio of 1.24, and a quick ratio of 0.93. According to the stock market information, the enterprise value for the company is $57831112704, which is based on a 11.57 price-to-earnings ratio, a 3.02 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for SLB is $38.7708 and a two-hundred day moving average price translates $41.6451 for the stock.
The latest earnings results from Schlumberger Ltd (NYSE: SLB) was released for 2025-03-31. The net profit margin was 11.61% and return on equity was 20.82% for SLB. The company reported revenue of $8.49 billion for the quarter, compared to $8.71 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.49 percent. For the current quarter, analysts expect SLB to generate $8.51B in revenue.
