Schlumberger (NYSE:SLB) Earns Coverage Optimism Score of 0.16

Media coverage about Schlumberger (NYSE:SLB) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Schlumberger earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 47.496158497172 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news stories that may have impacted Accern’s analysis:

Several equities research analysts recently commented on the company. Zacks Investment Research cut Schlumberger from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Piper Jaffray Companies set a $74.00 target price on Schlumberger and gave the stock a “buy” rating in a report on Saturday, October 21st. FBR & Co reissued a “buy” rating on shares of Schlumberger in a report on Friday, October 20th. ValuEngine lowered shares of Schlumberger from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Finally, Credit Suisse Group set a $71.00 price target on shares of Schlumberger and gave the stock a “buy” rating in a research report on Monday, October 23rd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $79.56.

Schlumberger (SLB) opened at $77.97 on Friday. Schlumberger has a 52-week low of $61.02 and a 52-week high of $87.84. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.20 and a current ratio of 1.53. The firm has a market cap of $108,010.00, a P/E ratio of 199.92, a price-to-earnings-growth ratio of 1.59 and a beta of 1.01.

Schlumberger (NYSE:SLB) last posted its quarterly earnings data on Friday, October 20th. The oil and gas company reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. Schlumberger had a net margin of 1.86% and a return on equity of 4.42%. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.91 billion. During the same period in the previous year, the company posted $0.25 EPS. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. equities analysts anticipate that Schlumberger will post 1.46 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Wednesday, December 6th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.57%. The ex-dividend date was Tuesday, December 5th. Schlumberger’s payout ratio is 512.82%.

In other news, Director Tore I. Sandvold sold 3,500 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $62.63, for a total transaction of $219,205.00. Following the transaction, the director now directly owns 1,500 shares in the company, valued at approximately $93,945. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.38% of the company’s stock.

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Schlumberger Company Profile

Schlumberger N.V. provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. The Company’s segments include Reservoir Characterization Group, Drilling Group, Production Group and Cameron Group. The Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon resources.

Insider Buying and Selling by Quarter for Schlumberger (NYSE:SLB)

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