Earnings Around the Corner for Schlumberger Limited (NYSE:SLB)

Earnings is just around the corner for Schlumberger Limited (NYSE:SLB) as the firm is slated to issue their report on 10/20/2016 4:30:00 PM.  The firm has most recently posted quarter over quarter growth of -194.50% and sales growth of -62.70% quarter over quarter.  

In terms of the trend lines, Schlumberger Limited (NYSE:SLB) shares are currently -2.17% off of their 52-week high and 39.74% off from the 52-week low point.  The stock is 8.85% from the 200-day moving average and 2.80% from the 50-day average.  The Relative Strength Index for the stock stands at 61.03.

Increased volatility should be expected heading into and immediately after the Schlumberger Limited (NYSE:SLB) earnings report.  According to the most recent data, the average true range stands at 1.34 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 1.22% and 1.57% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.79.  

Potential Upside

So is there any potential upside for the stock if Schlumberger Limited is able to meet or beat earnings?  Analysts, on a consensus basis have a $92.16 on the stock, compared to a recent bid of $81.63.  The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  


Heading into the earnings report, 0.06% shares are held by company insiders.  On the institutional front, 80.20% of Schlumberger Limited (NYSE:SLB) are owned by firms or funds.  Over the past few months, insider transactions have trended -14.29% while institutions saw a change of 0.01% in company stock. 


Year to date, Schlumberger Limited (NYSE:SLB) holders have seen returns of 19.26%.  Over the past month the stock moved 6.76% and most recently shares over the past five trading days have moved 0.14%.

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