Q2 EPS Estimates for WFRD Cut by Capital One Financial

Weatherford International plc (NASDAQ:WFRD - Free Report) - Analysts at Capital One Financial cut their Q2 2025 earnings estimates for Weatherford International in a research report issued to clients and investors on Wednesday, April 23rd. Capital One Financial analyst D. Becker now expects that the company will earn $1.04 per share for the quarter, down from their previous estimate of $1.24. The consensus estimate for Weatherford International's current full-year earnings is $5.89 per share.

Weatherford International (NASDAQ:WFRD - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.14. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.21 billion. Weatherford International had a net margin of 9.18% and a return on equity of 40.65%.

WFRD has been the subject of a number of other reports. Raymond James lowered shares of Weatherford International from a "strong-buy" rating to an "outperform" rating and reduced their price target for the company from $73.00 to $69.00 in a research report on Thursday, April 24th. Piper Sandler reduced their price target on shares of Weatherford International from $80.00 to $62.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Barclays reduced their price target on shares of Weatherford International from $85.00 to $77.00 and set an "overweight" rating for the company in a research report on Friday, April 25th. Finally, Benchmark cut their target price on shares of Weatherford International from $140.00 to $125.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $99.75.

Weatherford International Stock Performance

WFRD stock traded down $2.54 during midday trading on Friday, reaching $41.06. 819,595 shares of the company's stock traded hands, compared to its average volume of 1,122,417. The company has a 50-day moving average price of $50.52 and a two-hundred day moving average price of $67.27. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.49 and a current ratio of 2.01. Weatherford International has a 52 week low of $36.74 and a 52 week high of $135.00. The firm has a market capitalization of $2.99 billion, a PE ratio of 6.11, a price-to-earnings-growth ratio of 1.65 and a beta of 0.70.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Lindbrook Capital LLC increased its position in Weatherford International by 130.8% during the fourth quarter. Lindbrook Capital LLC now owns 360 shares of the company's stock valued at $26,000 after acquiring an additional 204 shares during the last quarter. Huntington National Bank increased its position in Weatherford International by 190.4% in the fourth quarter. Huntington National Bank now owns 392 shares of the company's stock worth $28,000 after buying an additional 257 shares in the last quarter. Zions Bancorporation N.A. purchased a new stake in Weatherford International in the fourth quarter worth about $29,000. Fifth Third Bancorp increased its position in Weatherford International by 546.7% in the first quarter. Fifth Third Bancorp now owns 595 shares of the company's stock worth $32,000 after buying an additional 503 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Weatherford International by 55.8% in the first quarter. GAMMA Investing LLC now owns 645 shares of the company's stock worth $35,000 after buying an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Insiders Place Their Bets

In other Weatherford International news, EVP Depinder Sandhu sold 14,000 shares of the business's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $66.41, for a total value of $929,740.00. Following the sale, the executive vice president now directly owns 8,892 shares of the company's stock, valued at approximately $590,517.72. The trade was a 61.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Neal P. Goldman purchased 12,000 shares of the firm's stock in a transaction dated Thursday, April 24th. The stock was acquired at an average price of $42.04 per share, with a total value of $504,480.00. Following the purchase, the director now directly owns 25,311 shares of the company's stock, valued at approximately $1,064,074.44. The trade was a 90.15 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 43,425 shares of company stock valued at $2,916,822. 1.60% of the stock is currently owned by corporate insiders.

Weatherford International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Tuesday, May 6th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.44%. The ex-dividend date is Tuesday, May 6th. Weatherford International's dividend payout ratio (DPR) is 16.00%.

About Weatherford International

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.