What is the outlook for Schlumberger stock? (2024)

What is the outlook for Schlumberger stock?

Share price forecast in USD

Is Schlumberger a good stock to buy now?

The highest analyst price target is $77.00 ,the lowest forecast is $52.00. The average price target represents 22.24% Increase from the current price of $54.81. What do analysts say about Schlumberger Limited? Schlumberger Limited's analyst rating consensus is a Strong Buy.

What is the stock price forecast for Schlumberger in 2024?

Schlumberger Stock Price Forecast 2024-2025

The forecasted Schlumberger price at the end of 2024 is $63.40 - and the year to year change +22%. The rise from today to year-end: +15%. In the middle of 2024, we expect to see $61.80.

What is the target price for Schlumberger?

Stock Price Targets
High$81.00
Median$68.00
Low$57.00
Average$67.91
Current Price$50.94

What is analyst forecast for SLB?

Average Price Target

Based on 12 Wall Street analysts offering 12 month price targets for Columbia Banking System in the last 3 months. The average price target is $22.38 with a high forecast of $29.00 and a low forecast of $20.00. The average price target represents a 23.68% change from the last price of $18.10.

Will Schlumberger stock go up?

Share price forecast in USD

The 29 analysts offering 12 month price targets for Schlumberger NV have a median target of 68.00, with a high estimate of 81.00 and a low estimate of 57.00. The median estimate represents a 33.83% increase from the last price of 50.81.

How often does Schlumberger pay dividends?

Schlumberger Limited ( SLB ) pays dividends on a quarterly basis. Schlumberger Limited ( SLB ) has increased its dividends for 3 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

What is the 5 year forecast for SLB?

Schlumberger Ltd. quote is equal to 51.410 USD at 2024-04-16. Based on our forecasts, a long-term increase is expected, the "SLB" stock price prognosis for 2029-04-11 is 104.387 USD. With a 5-year investment, the revenue is expected to be around +103.05%.

What is the share price forecast for Schlumberger in 2025?

On average, Wall Street analysts predict that Schlumberger Limited's share price could reach $70.13 by Apr 8, 2025. The average Schlumberger Limited stock price prediction forecasts a potential upside of 29.38% from the current SLB share price of $54.20. What is SLB's forecast return on equity (ROE) for 2024-2026?

Why is Schlumberger stock rising?

Summary. Schlumberger is well-positioned for the next oil megatrend with offshore and deepwater production driving growth. SLB generated exceptionally strong free cash flow growth in FY23; I anticipate growth to continue in eFY24, driven by offshore, new energy, and digital technology.

Is Schlumberger a buy sell or hold?

Schlumberger has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 16 buy ratings, no hold ratings, and no sell ratings.

Who are the major shareholders of SLB?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Price T Rowe Associates Inc /md/, Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, XLE - The Energy Select Sector SPDR Fund, GQG Partners LLC, and ...

Who owns Schlumberger stock?

Schlumberger is not owned by hedge funds. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.5% of shares outstanding. With 7.9% and 6.5% of the shares outstanding respectively, BlackRock, Inc. and State Street Global Advisors, Inc.

Is SLB undervalued?

Share Price vs Fair Value

For this estimate we use a Discounted Cash Flow model. Significantly Below Fair Value: SLB is trading below fair value by more than 20%.

Is SLB on debt?

Schlumberger Balance Sheet Health

Schlumberger has a total shareholder equity of $21.4B and total debt of $12.0B, which brings its debt-to-equity ratio to 56.3%.

What is the stock forecast for Schlumberger in 2030?

Schlumberger NV stock prediction for 1 year from now: $ 22.03 (-58.72%) Schlumberger NV stock forecast for 2025: $ 54.41 (0.74%) Schlumberger NV stock prediction for 2030: $ 56.46 (4.54%)

Is Schlumberger profitable?

Schlumberger annual net income for 2023 was $4.203B, a 22.14% increase from 2022. Schlumberger annual net income for 2022 was $3.441B, a 82.93% increase from 2021. Schlumberger annual net income for 2021 was $1.881B, a 117.88% decline from 2020.

Did Schlumberger stock split?

Schlumberger stock (symbol: SLB) underwent a total of 2 stock splits.

Is Schlumberger a good company?

Schlumberger is a great place to work not only because it has an amazing culture and environment, but also the people shape the company culture rather than by management. Employees are encouraged to climb higher and get promoted at the company.

What time of year are most dividends paid?

Most stocks that pay dividends pay them every three months, after the company releases its quarterly earnings report. However, others pay their dividends every six months (semi-annually) or once a year (annually). Some stocks also pay monthly, or on no set schedule — these are termed "irregular" dividends.

What is the dividend of SLB q4?

Notably, SLB used its cash flow to reduce its net debt by $1.4 billion. The company also returned $2 billion to investors in the form of dividends and share repurchases during the year. Add to this, SLB has hiked its quarterly dividend by 10% to $0.275 per share.

How many times a year can a company pay dividends?

There's no limit, and no set amount – you might even pay your shareholders different dividend amounts. Dividends are paid from a company's profits, so payments might fluctuate depending on how much profit is available. If the company doesn't have any retained profit, it can't make dividend payments.

What companies did Schlumberger buy?

Notable Acquisitions of Schlumberger
Acquisition DateCompany NameLocation
May 17, 2000Cellnet TechnologiesSwitzerland
Aug 26, 2015Cameron International CorpUnited States
Oct 26, 2022GyrodataUnited States
Mar 31, 2014Rock Deformation ResearchUnited Kingdom
1 more row
Jan 4, 2024

What is the PE ratio of Schlumberger stock?

The PE ratio for Schlumberger Limited stock stands at 17.63 as of Apr 12, 2024. This is calculated based on the TTM EPS of $2.95 and the stock price of $52 per share. A decrease of 3.9% has been observed in the PE ratio compared to its average of 18.3 of the last four quarters.

What is upstart stock price prediction for 2024?

The forecasted Upstart price at the end of 2024 is $26.85 - and the year to year change -34%. The rise from today to year-end: +14%. In the middle of 2024, we expect to see $26.82.

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