Last week I wrote an article stating that of the big three oil service company's Halliburton (NYSE:HAL) has the most potential for growth moving forward. In the article Oilfield Service Comparason: Why Halliburton has the most upside, I looked at many factors for comparison. The factors I analyzed were profitability, debt, working capital, return on capital employed, total return to the investor and finally a PEG ratio to get a current valuation.
In the article below, I create stock price target for Halliburton using revenue and EPS estimates provided by MSN Money.
Currently Analysts estimate Halliburton to have an EPS in 2013 at 3.03 and $3.96 for 2014.
1. Estimated Sales = $26.838 billion
2. Estimated Profit Margin = 10.50%
3. Earnings = $2.818 billion
4. Shares Outstanding = 930 million
5. Estimated EPS = $3.03
6. Forward P/E = 14.7
To read more: Halliburton Stock Price Target 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.