Capital One Financial Comments on WFRD Q1 Earnings

Key Points

• Capital One Financial analysts predict Weatherford International PLC will achieve earnings of $1.17 per share in Q1 2027, with a full-year consensus estimate of $5.89 per share.
• In its most recent earnings report, Weatherford posted $1.87 EPS, surpassing expectations significantly, but experienced a 14.3% decline in revenue compared to the previous year.
• Weatherford International's stock has received a consensus rating of "Moderate Buy" with an average price target of $99.70.

Weatherford International PLC (NASDAQ:WFRD - Free Report) - Equities research analysts at Capital One Financial issued their Q1 2027 earnings estimates for Weatherford International in a research note issued on Friday, September 5th. Capital One Financial analyst D. Becker forecasts that the company will earn $1.17 per share for the quarter. The consensus estimate for Weatherford International's current full-year earnings is $5.89 per share. Capital One Financial also issued estimates for Weatherford International's Q2 2027 earnings at $1.53 EPS.

Weatherford International (NASDAQ:WFRD - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.87 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.90. Weatherford International had a net margin of 9.35% and a return on equity of 34.87%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm earned $1.66 earnings per share. Weatherford International's revenue for the quarter was down 14.3% compared to the same quarter last year.

Several other equities analysts have also commented on WFRD. Melius began coverage on shares of Weatherford International in a report on Wednesday, August 20th. They issued a "buy" rating and a $108.00 target price on the stock. Piper Sandler raised shares of Weatherford International from a "neutral" rating to an "overweight" rating and raised their target price for the company from $62.00 to $73.00 in a report on Monday, July 28th. Melius Research assumed coverage on shares of Weatherford International in a report on Wednesday, August 20th. They issued a "buy" rating and a $108.00 target price on the stock. Zacks Research upgraded shares of Weatherford International from a "strong sell" rating to a "hold" rating in a research note on Monday, August 25th. Finally, Raymond James Financial restated an "outperform" rating and issued a $70.00 price target (up from $69.00) on shares of Weatherford International in a research note on Thursday, July 24th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $99.70.

Weatherford International Stock Performance

NASDAQ:WFRD traded down $0.42 during mid-day trading on Monday, reaching $62.30. 621,865 shares of the company's stock were exchanged, compared to its average volume of 781,161. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.63 and a current ratio of 2.21. Weatherford International has a one year low of $36.74 and a one year high of $98.21. The firm has a market capitalization of $4.48 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 1.71 and a beta of 0.78. The business's fifty day simple moving average is $58.23 and its two-hundred day simple moving average is $52.10.

Weatherford International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 6th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, August 6th. This represents a $1.00 annualized dividend and a yield of 1.6%. Weatherford International's dividend payout ratio (DPR) is currently 15.48%.

Institutional Investors Weigh In On Weatherford International

Hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc raised its position in Weatherford International by 14.2% in the 2nd quarter. IFP Advisors Inc now owns 1,500 shares of the company's stock worth $75,000 after buying an additional 187 shares during the last quarter. Treasurer of the State of North Carolina grew its stake in shares of Weatherford International by 0.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 33,245 shares of the company's stock valued at $1,673,000 after acquiring an additional 225 shares during the period. Gradient Investments LLC grew its stake in shares of Weatherford International by 1.4% during the 1st quarter. Gradient Investments LLC now owns 16,080 shares of the company's stock valued at $861,000 after acquiring an additional 228 shares during the period. GAMMA Investing LLC boosted its stake in Weatherford International by 55.8% in the 1st quarter. GAMMA Investing LLC now owns 645 shares of the company's stock worth $35,000 after purchasing an additional 231 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in Weatherford International by 69.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 584 shares of the company's stock worth $29,000 after purchasing an additional 240 shares during the period. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Weatherford International Company Profile

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.