Schlumberger Limited. (SLB) Lowered to "Sell" at Zacks Investment Research

Schlumberger’s Short Interest on April 13

As noted in the graph below SLB’s stock price and short interest as a percentage of float have largely been inversely related since April 2015

Schlumberger Limited's P/B is valued at 2.65 exhibiting the investor sentiment on the value of the stock to its actual value. (NYSE:SLB) a mean recommendation of 1.90. The Lower end of the earnings estimate is $0.28, while the higher end of the earnings estimate is $0.47. The company is scheduled to report its next quarterly earnings report before the market opens on Friday, April 21st. According to the analyst this now indicates there is a potential decrease of -69.22% from Schlumberger Limited.'s current price of 77.97. About 6.55M shares traded or 4.47% up from the average. On Wednesday, April 20 the stock rating was downgraded by Standpoint Research to "Hold".

Schlumberger Limited (SLB) performance during the last one year Improved 3.83 percent, while its year to date (YTD) performance showed a Negative trend of -6.34 percent. They expect $0.27 EPS, down 32.50% or $0.13 from last year's $0.4 per share. Schlumberger Limited. The firm had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.10 billion. During the same period in the prior year, the business posted $0.65 EPS.

The ROA of Schlumberger Limited is now valued at -2.20% indicating how profitable the company is in regards to its total assets.

Schlumberger Limited (NYSE:SLB) stock has been on a recent steady downtrend, causing some concern for shareholders.

Schlumberger Limited's ROI is valued at -2.30% relatively measuring the profitability on the investment. Vetr raised Schlumberger Limited. from a "buy" rating to a "strong-buy" rating and set a $95.37 target price on the stock in a research report on Wednesday, December 28th.

The target price for Schlumberger Limited (SLB) is $96.06/share according to the consensus of analysts working on the stock, with an expected EPS of $0.26/share for the current quarter. The forecast of 14 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The firm presently has a "buy" rating on the oil and gas company's stock. Societe Generale upgraded Schlumberger Limited. (NYSE:SLB) opened at 78.15 on Monday. Forest Hill Capital Llc acquired 26,236 shares as Synovus Finl Corp (SNV)'s stock rose 27.74%. Schlumberger Limited. has $120 highest and $71 lowest target.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -2.75%, and has a poor year to date (YTD) performance of -6.6% which means the stock is constantly subtracting to its value from the previous fiscal year end price. The stock's market capitalization is $107.19 billion.

The company also recently announced a quarterly dividend, which was paid on Monday, April 17th. Investors of record on Wednesday, February 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.56%. The stock of Schlumberger Limited. SANDVOLD TORE I sold $407,700 worth of Schlumberger Limited. Following the sale, the chief financial officer now directly owns 113,335 shares in the company, valued at approximately $9,520,140. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.36% of the company's stock.

Institutional investors have recently modified their holdings of the stock. The stock is now trading -1.83% below its SMA 50 and 6.87% above its SMA 200. STA Wealth Management LLC increased its position in Schlumberger 0.3% in the fourth quarter. BlackRock Institutional Trust Company N.A. now owns 36,026,336 shares of the oil and gas company's stock worth $2,833,111,000 after buying an additional 118,380 shares during the period. Finally, Capital Investment Advisors LLC boosted its stake in Schlumberger 11.0% in the first quarter. Gradient Investments LLC now owns 8,183 shares of the oil and gas company's stock valued at $644,000 after buying an additional 1,866 shares during the period. Bank of The West boosted its position in shares of Schlumberger 4.1% in the first quarter.

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Schlumberger N.V. provides technology for reservoir characterization, drilling, production and processing to the gas and oil industry. The Company's divisions include Reservoir Characterization Group, Drilling Group, Production Group and Cameron Group.

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