EPS for Schlumberger Limited (SLB) Expected At $0.48

September 16, 2018 - By Pearl Odom

Schlumberger Limited (NYSE:SLB) LogoInvestors sentiment decreased to 0.96 in Q2 2018. Its down 0.24, from 1.2 in 2018Q1. It dived, as 56 investors sold Schlumberger Limited shares while 536 reduced holdings. 108 funds opened positions while 461 raised stakes. 1.04 billion shares or 0.66% less from 1.04 billion shares in 2018Q1 were reported.
Wealthtrust Axiom Ltd invested 0.26% of its portfolio in Schlumberger Limited (NYSE:SLB). Shelter Mutual Ins owns 102,160 shares. Tiverton Asset Management Ltd Limited Liability Company reported 179,253 shares stake. Meritage Port holds 0.09% or 13,900 shares. Orleans Mngmt La has 28,065 shares for 1.36% of their portfolio. Willingdon Wealth Mgmt accumulated 57,925 shares or 1.19% of the stock. Silchester Intll Llp reported 0.2% in Schlumberger Limited (NYSE:SLB). Panagora Asset has 52,928 shares for 0.01% of their portfolio. Wellington Shields Cap Mngmt Limited Liability Corporation, New York-based fund reported 44,356 shares. The Luxembourg-based Pictet & Cie (Europe) Sa has invested 0.78% in Schlumberger Limited (NYSE:SLB). Ohio-based Macnealy Hoover Inv Inc has invested 1.56% in Schlumberger Limited (NYSE:SLB). One Cap Lc reported 0.07% of its portfolio in Schlumberger Limited (NYSE:SLB). Ashfield Prtn Limited Company invested in 0.65% or 77,189 shares. 773,428 were accumulated by M&T Comml Bank. Arizona State Retirement Sys holds 340,290 shares.

Since March 26, 2018, it had 4 buys, and 1 sale for $1.43 million activity. $482,480 worth of stock was bought by MARKS MICHAEL E on Thursday, September 6. 5,000 Schlumberger Limited (NYSE:SLB) shares with value of $323,950 were bought by Schorn Patrick. $218,049 worth of Schlumberger Limited (NYSE:SLB) shares were sold by Jaramillo Claudia. Al Mogharbel Khaled bought $192,900 worth of stock or 3,000 shares.

Analysts expect Schlumberger Limited (NYSE:SLB) to report $0.48 EPS on October, 19 before the open.They anticipate $0.06 EPS change or 14.29 % from last quarter’s $0.42 EPS. SLB’s profit would be $664.38 million giving it 31.89 P/E if the $0.48 EPS is correct. After having $0.43 EPS previously, Schlumberger Limited’s analysts see 11.63 % EPS growth. The stock increased 0.34% or $0.21 during the last trading session, reaching $61.23. About 8.06 million shares traded or 17.87% up from the average. Schlumberger Limited (NYSE:SLB) has declined 8.44% since September 16, 2017 and is downtrending. It has underperformed by 24.06% the S&P500.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

Among 10 analysts covering Schlumberger (NYSE:SLB), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Schlumberger had 14 analyst reports since April 3, 2018 according to SRatingsIntel. The company was maintained on Wednesday, April 4 by Jefferies. The firm has “Buy” rating by Wells Fargo given on Thursday, May 24. Susquehanna maintained Schlumberger Limited (NYSE:SLB) on Monday, April 23 with “Buy” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Seaport Global on Monday, April 23. The firm has “Buy” rating by SunTrust given on Tuesday, April 3. Cowen & Co maintained the stock with “Buy” rating in Friday, April 13 report. As per Monday, July 23, the company rating was maintained by Citigroup. The firm earned “Buy” rating on Thursday, June 21 by FBR Capital. The firm has “Buy” rating given on Monday, June 25 by Citigroup. Credit Suisse maintained the shares of SLB in report on Monday, April 23 with “Buy” rating.

Schlumberger Limited supplies technology services and products to the gas and oil exploration and production industry worldwide. The company has market cap of $84.75 billion. The Company’s Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. It currently has negative earnings. The Company’s Drilling Group segment designs, makes, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services.

More news for Schlumberger Limited (NYSE:SLB) were recently published by: Seekingalpha.com, which released: “General Electric Is A Wait And Watch Story – Cramer’s Lightning Round (9/13/18)” on September 14, 2018. Seekingalpha.com‘s article titled: “Schlumberger: Silly Cheap” and published on September 06, 2018 is yet another important article.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.