Schlumberger (SLB) Outperforms Broader Market: What You Need to Know

Schlumberger (SLB) ended the recent trading session at $35.52, demonstrating a +2.69% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.59%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.44%. Shares of the world's largest oilfield services company witnessed a loss of 5.18% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 3.38%, and the S&P 500's gain of 2.72%.The investment community will be paying close attention to the earnings performance of Schlumberger in its upcoming release. The company is slated to reveal its earnings on October 17, 2025. The company is expected to report EPS of $0.68, down 23.6% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.95 billion, down 2.25% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.88 per share and revenue of $35.5 billion. These totals would mark changes of -15.54% and -2.19%, respectively, from last year. Investors should also pay attention to any latest changes in analyst estimates for Schlumberger. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.05% lower within the past month. Right now, Schlumberger possesses a Zacks Rank of #4 (Sell). Valuation is also important, so investors should note that Schlumberger has a Forward P/E ratio of 12 right now. For comparison, its industry has an average Forward P/E of 17.22, which means Schlumberger is trading at a discount to the group. We can also see that SLB currently has a PEG ratio of 9.6. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Oil and Gas - Field Services industry stood at 1.86 at the close of the market yesterday. The Oil and Gas - Field Services industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 157, placing it within the bottom 37% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Schlumberger Limited (SLB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks