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Halliburton Has 8.42% Upside From Here

|Includes:Halliburton Company (HAL)

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.

Stocks: HAL