Trade-Ideas LLC identified

Halliburton

(

HAL

) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Halliburton as such a stock due to the following factors:

  • HAL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $309.7 million.
  • HAL traded 10,159 shares today in the pre-market hours as of 9:30 AM.
  • HAL is up 2.2% today from yesterday's close.

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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 2%. Currently there are 17 analysts that rate Halliburton a buy, 1 analyst rates it a sell, and 5 rate it a hold.

The average volume for Halliburton has been 11.9 million shares per day over the past 30 days. Halliburton has a market cap of $30.2 billion and is part of the basic materials sector and energy industry. Shares are up 3.1% year-to-date as of the close of trading on Monday.

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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 financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow.

Highlights from the ratings report include:

  • HAL's debt-to-equity ratio of 0.99 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Even though the debt-to-equity ratio shows mixed results, the company's quick ratio of 2.88 is very high and demonstrates very strong liquidity.
  • HAL, with its decline in revenue, slightly underperformed the industry average of 39.0%. Since the same quarter one year prior, revenues fell by 42.0%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • The change in net income from the same quarter one year ago has significantly exceeded that of the Energy Equipment & Services industry average, but is less than that of the S&P 500. The net income has significantly decreased by 103.1% when compared to the same quarter one year ago, falling from $901.00 million to -$28.00 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Energy Equipment & Services industry and the overall market on the basis of return on equity, HALLIBURTON CO underperformed against that of the industry average and is significantly less than that of the S&P 500.
  • The gross profit margin for HALLIBURTON CO is rather low; currently it is at 18.26%. It has decreased from the same quarter the previous year.

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