EPS for Schlumberger Limited (SLB) Expected At $0.45

Marco Green
January 13, 2018

A total of 9.37 million shares exchanged at hands and its average trading volume is standing at 8.91 million shares. About 41.04M shares traded. It has underperformed by 1.25% the S&P500.

Associated Banc-Corp decreased its stake in Schlumberger Ltd (SLB) by 3.89% based on its latest 2017Q3 regulatory filing with the SEC. Beta, which measures the stock's volatility relative to the overall market, is a simple but effective metric for assessing risk. Ny State Common Retirement Fund owns 3.79 million shares. Thompson Rubinstein Investment Management Inc who had been investing in Schlumberger Limited for a number of months, seems to be bullish on the $104.91B market cap company. The stock increased 0.13% or $0.1 during the last trading session, reaching $74.9. About 7.94M shares traded.

Schlumberger (NYSE:SLB) last posted its earnings results on Friday, October 20th. It has underperformed by 20.00% the S&P500.

Schlumberger earned a daily sentiment score of 0.20 on Accern's scale. It is the same, as 69 investors sold Schlumberger Limited shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. Texas Capital National Bank Inc Tx stated it has 0.6% of its portfolio in Schlumberger Limited (NYSE:SLB). Academy Management Tx holds 2.25% or 114,650 shares. The fund owned 171,094 shares of the oil and gas company's stock after selling 16,946 shares during the period. 55,124 were reported by Valicenti Advisory Services Incorporated. During the same period in the previous year, the company posted $0.25 EPS. sell-side analysts anticipate that Schlumberger Limited. will post 1.46 EPS for the current fiscal year. Moreover, Outfitter Advisors Ltd has 0.44% invested in Schlumberger Limited (NYSE:SLB) for 17,739 shares. Blackrock Inc (NYSE:BLK) was reduced too. Beese Fulmer Inv Management has invested 1.53% in Schlumberger Limited (NYSE:SLB). Patten Grp Inc holds 6 shares or 0.03% of its portfolio. Barclays set a $70.00 price target on shares of Schlumberger and gave the company a "hold" rating in a research report on Wednesday, October 25th. Boston Advsr Limited Liability Corp invested in 13,688 shares.

Since October 24, 2017, it had 0 insider buys, and 1 sale for $219,205 activity. The company's outstanding shares are 1.02 Billion. They expect $0.45 earnings per share, up 66.67% or $0.18 from last year's $0.27 per share. SLB's profit will be $623.36 million for 42.13 P/E if the $0.45 EPS becomes a reality. The oil and gas company reported $0.42 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.42. For the Current month, 7 analysts have assigned this stock as Buy where 9 assigned Outperform, 7 analysts believe it's a Hold, 0 said Underperform and only 0 assigned Sell rating. Therefore 6% are positive. According to today's trading volume Schlumberger Limited is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The company was upgraded on Thursday, April 20 by Suntrust Robinson. The rating was maintained by BMO Capital Markets with "Buy" on Wednesday, June 21. The company was maintained on Thursday, February 4 by Citigroup. RBC Capital Markets maintained the shares of SLB in report on Friday, September 1 with "Buy" rating. Credit Suisse has "Outperform" rating and $80 target. The firm has "Buy" rating by Jefferies given on Thursday, January 4. The firm has "Overweight" rating given on Monday, October 23 by Morgan Stanley. Citigroup downgraded the stock to "Sell" rating in Tuesday, September 26 report. The stock has "Buy" rating by Nomura on Monday, April 25. It also reduced Ambev Sa (NYSE:ABEV) stake by 124,813 shares and now owns 9.13 million shares.

Investors sentiment increased to 1.62 in Q3 2017. Its down 0.08, from 0.97 in 2017Q2. Capital International Investors increased its position in shares of Schlumberger by 74.8% during the third quarter. 20 funds opened positions while 40 raised stakes. Dekabank Deutsche Girozentrale invested 0% of its portfolio in Retrophin, Inc. Brinker Capital holds 0.13% or 94,671 shares in its portfolio. (NASDAQ:CPRT) for 285,601 shares. Moreover, Whittier Trust Co has 0.08% invested in Copart, Inc. Wendell David Assocs holds 17,406 shares or 0.21% of its portfolio. Covenant Multifamily Offices accumulated 18,076 shares. HUDSON ELIZABETH J sold $107,132 worth of stock or 1,279 shares. John G Ullman &, a New York-based fund reported 228,474 shares. Wasatch stated it has 82,700 shares or 0.08% of all its holdings. Perpetual Ltd now owns 165,184 shares of the oil and gas company's stock worth $10,876,000 after purchasing an additional 7,742 shares during the last quarter. Proshare Advsrs Limited Liability has invested 0.01% in Retrophin, Inc. Blume owns 3.93% invested in Schlumberger Limited (NYSE:SLB) for 106,561 shares. Therefore 20% are positive. AMETEK had 50 analyst reports since August 5, 2015 according to SRatingsIntel.

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