One Analyst Sees More Trouble for the Year's Worst Dow Stock

Cornelia Mascio
Ottobre 12, 2017

It has underperformed by 6.38% the S&P500.

Crestwood Advisors Llc increased Schlumberger Ltd Com (SLB) stake by 3.58% reported in 2017Q2 SEC filing. Longview Partners (Guernsey) Ltd owns 5.13 million shares or 4.73% of their U.S. portfolio. Proficio Capital Partners LLC raised its holdings in shares of Schlumberger N.V.by 18.0% in the 1st quarter. They expect $0.42 EPS, up 68.00% or $0.17 from last year's $0.25 per share. Equifax Inc. (EFX) has risen 11.28% since October 12, 2016 and is uptrending. It has underperformed by 21.16% the S&P500.

Investors sentiment increased to 1.21 in Q2 2017. Cleveland-Cliffs Inc. has 1 buy ratings, 4 holds and 0 sells even after the stock tumbled -45.27% from its high of $12.37 to a $2.01 billion market value through last close. It dived, as 99 investors sold SLB shares while 590 reduced holdings.

Hedge funds have recently made changes to their positions in the stock. Hamilton Lane Advsr Llc holds 0.07% or 31,611 shares. Bowling Management Ltd Company has 0.06% invested in Schlumberger Limited.

Schlumberger Limited (SLB) surprised the stock market in its last reported earnings when it earned $0.35 a piece versus the consensus-estimated $0.3. (NYSE:SLB) last announced its quarterly earnings results on Friday, July 21st. Investors of record on Wednesday, September 6th will be issued a dividend of $0.50 per share. The analysts estimated EPS for the higher end at 0.57 and lower end at 0.42 while the year ago reported earnings per share was 0.66. Cohen & Steers holds 0.04% or 207,027 shares. Gw Henssler & Assocs Ltd has invested 1.01% in Schlumberger Limited. (NYSE:SLB). Sentinel Asset Mngmt accumulated 0.7% or 439,700 shares. Cim Mangement owns 0.25% invested in Schlumberger Limited. Country Club Trust Company acquired 46,924 shares as Schlumberger Ltd (SLB)'s stock declined 11.04%. (NASDAQ:QCOM). Amalgamated Bankshares holds 0.3% of its portfolio in QUALCOMM, Inc. Miller Howard Investments Ny invested in 61,320 shares. Lenox Wealth Mgmt Inc holds 0.02% in Schlumberger Limited. (NYSE:SLB) for 78,000 shares.

Among 33 analysts covering Schlumberger Limited.

Schlumberger Limited has a consensus outperform rating from 36 Wall Street analysts, and the number of shares now sold short amount to at least 1.62% of shares outstanding. Therefore 67% are positive. Schlumberger Limited. had 112 analyst reports since July 22, 2015 according to SRatingsIntel. Topeka Capital Markets maintained the shares of EGN in report on Thursday, October 15 with "Buy" rating. Jefferies maintained it with "Buy" rating and $9200 target in Friday, June 30 report. Cowen & Co maintained it with "Buy" rating and $80.0 target in Friday, October 6 report. The rating was maintained by Stifel Nicolaus with "Buy" on Friday, February 10. The stock of Schlumberger Limited. (NYSE:SLB) earned "Neutral" rating by Atlantic Securities on Tuesday, June 27. The firm earned "Buy" rating on Thursday, April 20 by Suntrust Robinson. The rating was maintained by Jefferies with "Buy" on Friday, August 25. Wells Fargo upgraded the shares of O in report on Tuesday, December 15 to "Outperform" rating.

17 number of analysts have estimated the sales of the company for the quarter ending Oct 20, 2017, analysts estimated mean sale target of 8135.15 million while high and low sale targets are estimated at 8660 million and 7593 million respectively. Shares for $349,100 were sold by SANDVOLD TORE I. Floridia Aaron Gatt sold 40,000 shares worth $2.77 million. On Tuesday, May 30 the insider CURRIE PETER L S bought $250,203. Academy Capital Management Inc who had been investing in Schlumberger Limited for a number of months, seems to be bullish on the $94.05B market cap company. (NASDAQ:QCOM) to report earnings on November, 1 after the close. During the same period past year, the business earned $0.23 earnings per share. SLB's profit will be $581.51 million for 40.32 P/E if the $0.42 EPS becomes a reality. Citigroup maintained Schlumberger Limited. Therefore 100% are positive. Energen Corporation had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Guggenheim on Tuesday, May 10 to "Neutral". Wagner Bowman Mngmt, a Maryland-based fund reported 5,596 shares. The rating was maintained by RBC Capital Markets with "Sector Perform" on Monday, October 3. The firm has "Outperform" rating given on Monday, September 28 by FBR Capital.

The counter witnessed a trading volume of 7.25 million shares versus an average volume of 10.43 million shares during last trading session. On Thursday, September 14 the stock rating was maintained by RBC Capital Markets with "Hold". (NYSE:SLB) was released by: Seekingalpha.com and their article: "Schlumberger downgraded at BMO as 2018 estimates at risk" with publication date: October 11, 2017. The company was upgraded on Thursday, June 29 by Jefferies.

Since May 30, 2017, it had 1 buy, and 2 selling transactions for $2.87 million activity. $448,800 worth of General Electric Company (NYSE:GE) was bought by Beattie William G on Monday, May 15.

Investors sentiment decreased to 0.79 in Q2 2017. 54 funds opened positions while 195 raised stakes. Over the last five days, shares have faced -1.57% losses and now is down -7.55% since hitting its 200-day moving average of $69.2. The percentage of shares being held by the company management was 0.2% while institutional stake was 34.4%. Bainco Investors invested in 49,269 shares or 0.49% of the stock. (NASDAQ:QCOM). Capstone Asset Mngmt accumulated 171,368 shares or 0.26% of the stock. (NYSE:HES). Bluemountain Management Ltd Company has 0.02% invested in Hess Corp. The stock now has Weekly Volatility of 1.10% and Monthly Volatility of 1.37%. Invest Ptnrs Oh Adv holds 0.32% or 5,367 shares. Pekin Singer Strauss Asset Il invested 0.64% of its portfolio in General Electric Company (NYSE:GE). Moreover, Howland Cap Mgmt Ltd Liability Com has 0.99% invested in Schlumberger Limited.

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