Schlumberger (SLB) Rises Higher Than Market: Key Facts

Stock Performance - Schlumberger (SLB) closed at $54 48, marking a +1 97% increase from the prior day, outperforming the S&P 500's gain of 0 57%, the Dow's gain of 0 83%, and the Nasdaq's gain of 0 39% [1] - Over the past month, Schlumberger's shares gained 10 01%, outpacing the Oils-Energy sector's gain of 4 48% and the S&P 500's gain of 2 97% [1] Earnings and Revenue Projections - Schlumberger is projected to report earnings of$ 0 75 per share in its upcoming release, representing a year-over-year growth of 19 05% [1] - The Zacks Consensus Estimate for revenue is $8 67 billion, up 12 06% from the year-ago period [1] - For the entire fiscal year, earnings are projected at$ 3 54 per share, with revenue of $37 29 billion, representing year-over-year growth of +18 79% and +12 54%, respectively [2] Analyst Estimates and Stock Price Performance - Recent changes to analyst estimates for Schlumberger reflect short-term business dynamics, with upbeat changes indicating a favorable outlook on the company's business health and profitability [2] - Estimate alterations are directly linked to stock price performance in the near future, and investors can use the Zacks Rank to capitalize on these changes [2] Valuation Metrics - Schlumberger has a Forward P/E ratio of 15 09, which is a discount compared to the industry average of 16 13 [3] - The company's PEG ratio is 0 96, slightly higher than the industry average of 0 94, indicating a favorable earnings growth trajectory [3] Industry Overview - The Oil and Gas - Field Services industry, part of the Oils-Energy sector, currently has a Zacks Industry Rank of 157, placing it in the bottom 38% of over 250 industries [4] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]