Weatherford International (NASDAQ:WFRD) Posts Earnings Results, Misses Estimates By $0.02 EPS

Key Points

• Weatherford International reported quarterly earnings of $1.12 EPS, missing analyst estimates by $0.02, with a net margin of 9.35% and a return on equity of 34.87%.
• The company's stock traded up 2.8%, reaching $66.72, with a market capitalization of $4.79 billion and significant institutional ownership at 97.23%.
• Analysts have mixed ratings on Weatherford, with an average target price of $95.50, including one Strong Buy, nine Buy, and two Hold ratings.

Weatherford International (NASDAQ:WFRD - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.14 by ($0.02), Zacks reports. Weatherford International had a net margin of 9.35% and a return on equity of 34.87%. Weatherford International updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

Weatherford International Trading Up 2.8%

NASDAQ:WFRD traded up $1.80 during midday trading on Tuesday, hitting $66.72. 1,134,740 shares of the company traded hands, compared to its average volume of 1,217,020. The firm's fifty day moving average is $63.05 and its 200-day moving average is $54.11. Weatherford International has a 12-month low of $36.74 and a 12-month high of $91.82. The firm has a market capitalization of $4.79 billion, a P/E ratio of 10.33, a P/E/G ratio of 1.62 and a beta of 0.79. The company has a current ratio of 2.21, a quick ratio of 1.63 and a debt-to-equity ratio of 1.03.

Institutional Trading of Weatherford International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Holocene Advisors LP raised its holdings in Weatherford International by 712.8% during the 2nd quarter. Holocene Advisors LP now owns 1,646,034 shares of the company's stock valued at $82,812,000 after buying an additional 1,443,512 shares during the period. AQR Capital Management LLC raised its holdings in Weatherford International by 196.2% during the 2nd quarter. AQR Capital Management LLC now owns 825,874 shares of the company's stock valued at $41,343,000 after buying an additional 547,044 shares during the period. Balyasny Asset Management L.P. raised its holdings in Weatherford International by 1,084.6% during the 2nd quarter. Balyasny Asset Management L.P. now owns 686,010 shares of the company's stock valued at $34,513,000 after buying an additional 628,100 shares during the period. Goldman Sachs Group Inc. grew its position in Weatherford International by 129.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 143,703 shares of the company's stock valued at $7,695,000 after acquiring an additional 81,046 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in Weatherford International by 0.9% in the 2nd quarter. California Public Employees Retirement System now owns 137,902 shares of the company's stock valued at $6,938,000 after acquiring an additional 1,259 shares during the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Piper Sandler boosted their price objective on Weatherford International from $73.00 to $79.00 and gave the company an "overweight" rating in a research note on Thursday, October 16th. Barclays lowered their price target on Weatherford International from $77.00 to $73.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Weiss Ratings reissued a "hold (c)" rating on shares of Weatherford International in a report on Wednesday, October 8th. Melius Research began coverage on Weatherford International in a report on Wednesday, August 20th. They issued a "buy" rating and a $108.00 price target on the stock. Finally, Melius began coverage on Weatherford International in a report on Wednesday, August 20th. They issued a "buy" rating and a $108.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $95.50.

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.

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