Free Trial
NASDAQ:WFRD

Weatherford International (WFRD) Stock Price, News & Analysis

Weatherford International logo
$79.00
+0.45 (+0.57%)
(As of 10/31/2024 ET)

About Weatherford International Stock (NASDAQ:WFRD)

Key Stats

Today's Range
$77.24
$79.49
50-Day Range
$77.31
$108.63
52-Week Range
$77.24
$135.00
Volume
1.35 million shs
Average Volume
916,172 shs
Market Capitalization
$5.74 billion
P/E Ratio
11.10
Dividend Yield
1.27%
Price Target
$144.88
Consensus Rating
Buy

Company Overview

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. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and software, automation and flow measurement solutions. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open-hole and cased-hole logging services; and intervention and remediation services. Further, it provides tubular handling, management, and connection services; and re-entry, fishing, and well abandonment services, as well as patented bottom hole, tubular-handling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

Weatherford International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

WFRD MarketRank™: 

Weatherford International scored higher than 97% of companies evaluated by MarketBeat, and ranked 14th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Weatherford International has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Weatherford International has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Weatherford International's stock forecast and price target.
  • Earnings Growth

    Earnings for Weatherford International are expected to grow by 14.24% in the coming year, from $6.74 to $7.70 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Weatherford International is 11.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Weatherford International is 11.10, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.69.

  • Price to Earnings Growth Ratio

    Weatherford International has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Weatherford International has a P/B Ratio of 6.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Weatherford International's valuation and earnings.
  • Percentage of Shares Shorted

    2.91% of the float of Weatherford International has been sold short.
  • Short Interest Ratio / Days to Cover

    Weatherford International has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Weatherford International has recently increased by 11.23%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Weatherford International pays a meaningful dividend of 1.25%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Weatherford International does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Weatherford International is 14.04%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Weatherford International will have a dividend payout ratio of 12.99% next year. This indicates that Weatherford International will be able to sustain or increase its dividend.

  • Read more about Weatherford International's dividend.
  • Percentage of Shares Shorted

    2.91% of the float of Weatherford International has been sold short.
  • Short Interest Ratio / Days to Cover

    Weatherford International has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Weatherford International has recently increased by 11.23%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Weatherford International has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Weatherford International this week, compared to 5 articles on an average week.
  • Search Interest

    Only 13 people have searched for WFRD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Weatherford International to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Weatherford International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,160,963.00 in company stock.

  • Percentage Held by Insiders

    Only 1.60% of the stock of Weatherford International is held by insiders.

  • Percentage Held by Institutions

    97.23% of the stock of Weatherford International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Weatherford International's insider trading history.
Receive WFRD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Weatherford International and its competitors with MarketBeat's FREE daily newsletter.

WFRD Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Weatherford International (NASDAQ:WFRD) PT Lowered to $142.00
Weatherford: Q3 Shows A Very Mixed Picture
See More Headlines

WFRD Stock Analysis - Frequently Asked Questions

Weatherford International's stock was trading at $97.83 at the beginning of the year. Since then, WFRD stock has decreased by 19.2% and is now trading at $79.00.
View the best growth stocks for 2024 here
.

Weatherford International plc (NASDAQ:WFRD) issued its quarterly earnings data on Tuesday, October, 22nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.65 by $0.41. The business's revenue was up 7.3% on a year-over-year basis.

Weatherford International's top institutional shareholders include Congress Asset Management Co. (1.24%), Van ECK Associates Corp (0.98%), New York State Common Retirement Fund (0.28%) and New York State Teachers Retirement System (0.10%). Insiders that own company stock include Girish Saligram, Scott C Weatherholt, Charles M Sledge, Joseph H Mongrain, Benjamin Duster, Desmond J Mills and David John Reed.
View institutional ownership trends
.

Shares of WFRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Weatherford International investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), ServiceNow (NOW) and Vertiv (VRT).

Company Calendar

Ex-Dividend for 9/12 Dividend
8/13/2024
Dividend Payable
9/12/2024
Last Earnings
10/22/2024
Today
10/31/2024
Ex-Dividend for 12/5 Dividend
11/06/2024
Dividend Payable
12/05/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Machinery
Current Symbol
NASDAQ:WFRD
Employees
18,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$144.88
High Stock Price Target
$184.00
Low Stock Price Target
$113.00
Potential Upside/Downside
+83.4%
Consensus Rating
Buy
Rating Score (0-4)
3.13
Research Coverage
8 Analysts

Profitability

Net Income
$417 million
Pretax Margin
12.99%

Debt

Sales & Book Value

Annual Sales
$5.53 billion
Cash Flow
$10.14 per share
Book Value
$12.78 per share

Miscellaneous

Free Float
71,490,000
Market Cap
$5.74 billion
Optionable
Optionable
Beta
0.58
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

This page (NASDAQ:WFRD) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners