Weatherford International (WFRD) to Release Quarterly Earnings on Tuesday

Weatherford International (NASDAQ:WFRD - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 22nd. Analysts expect Weatherford International to post earnings of $1.00 per share and revenue of $1.19 billion for the quarter.

Weatherford International (NASDAQ:WFRD - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.14. Weatherford International had a net margin of 8.79% and a return on equity of 35.88%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.21 billion. On average, analysts expect Weatherford International to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Weatherford International Stock Performance

NASDAQ:WFRD traded down $0.51 during mid-day trading on Friday, hitting $53.20. The stock had a trading volume of 339,693 shares, compared to its average volume of 1,368,643. Weatherford International has a twelve month low of $36.74 and a twelve month high of $134.39. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 1.50 and a beta of 0.76. The company's 50 day simple moving average is $50.09 and its 200 day simple moving average is $55.08. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.52 and a current ratio of 2.08.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Raymond James Financial downgraded shares of Weatherford International from a "strong-buy" rating to an "outperform" rating and cut their target price for the company from $73.00 to $69.00 in a research note on Thursday, April 24th. Barclays cut their price objective 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. Piper Sandler cut their price objective 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. Finally, Citigroup cut their price objective on shares of Weatherford International from $90.00 to $70.00 and set a "buy" rating for the company in a research report on Tuesday, May 13th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $96.63.

Insider Activity at Weatherford International

In other Weatherford International news, Director Neal P. Goldman bought 12,000 shares of the stock in a transaction dated Thursday, April 24th. The shares were bought at an average cost of $42.04 per share, with a total value of $504,480.00. Following the completion of the acquisition, the director owned 25,311 shares of the company's stock, valued at $1,064,074.44. This trade represents a 90.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.09% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in Weatherford International by 223.0% in the first quarter. Royal Bank of Canada now owns 122,662 shares of the company's stock valued at $6,568,000 after acquiring an additional 84,684 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Weatherford International by 129.3% in the first 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, United Services Automobile Association bought a new position in Weatherford International in the first quarter valued at approximately $258,000. 97.23% of the stock is owned by institutional investors.

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.