Trade-Ideas LLC identified

Schlumberger

(

SLB

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

  • SLB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $954.5 million.
  • SLB traded 10,587 shares today in the pre-market hours as of 9:02 AM.
  • SLB is up 2.9% today from yesterday's close.

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More details on SLB:

Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments. The stock currently has a dividend yield of 3.2%. SLB has a PE ratio of 39. Currently there are 20 analysts that rate Schlumberger a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TST Recommends

The average volume for Schlumberger has been 8.8 million shares per day over the past 30 days. Schlumberger has a market cap of $79.8 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.34 and a short float of 3.3% with 3.25 days to cover. Shares are down 6.3% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Schlumberger 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 deteriorating net income, poor profit margins and weak operating cash flow.

Highlights from the ratings report include:

  • The current debt-to-equity ratio, 0.53, is low and is below the industry average, implying that there has been successful management of debt levels.
  • SLB, with its decline in revenue, slightly underperformed the industry average of 32.7%. Since the same quarter one year prior, revenues fell by 38.7%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • SCHLUMBERGER LTD 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, SCHLUMBERGER LTD reported lower earnings of $1.61 versus $4.30 in the prior year. This year, the market expects an improvement in earnings ($2.32 versus $1.61).
  • Net operating cash flow has decreased to $2,178.00 million or 44.33% when compared to the same quarter last year. In conjunction, when comparing current results to the industry average, SCHLUMBERGER LTD has marginally lower results.
  • 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 436.4% when compared to the same quarter one year ago, falling from $302.00 million to -$1,016.00 million.

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