Halliburton (HAL): Stock With Unusual Social Activity

Trade-Ideas LLC identified Halliburton (HAL) as an unusual social activity candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Halliburton

(

HAL

) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Halliburton as such a stock due to the following factors:

  • HAL has 12x the normal benchmarked social activity for this time of the day compared to its average of 11.35 mentions/day.
  • HAL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $375.6 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on HAL:

Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The stock currently has a dividend yield of 1.6%. Currently there are 20 analysts that rate Halliburton a buy, 1 analyst rates it a sell, and 3 rate it a hold.

The average volume for Halliburton has been 10.1 million shares per day over the past 30 days. Halliburton has a market cap of $39.2 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.01 and a short float of 3.4% with 2.97 days to cover. Shares are up 32.2% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Halliburton as a

hold

. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from the ratings report include:

  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
  • HAL, with its decline in revenue, slightly underperformed the industry average of 35.8%. Since the same quarter one year prior, revenues fell by 40.5%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • HALLIBURTON CO has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, HALLIBURTON CO swung to a loss, reporting -$0.78 versus $4.03 in the prior year. This year, the market expects an improvement in earnings (-$0.26 versus -$0.78).
  • Net operating cash flow has significantly decreased to -$171.00 million or 121.05% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Energy Equipment & Services industry. The net income has significantly decreased by 275.1% when compared to the same quarter one year ago, falling from -$643.00 million to -$2,412.00 million.

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