Weatherford International (WFRD) Expected to Announce Earnings on Tuesday

Weatherford International (NASDAQ:WFRD - Get Free Report) will likely be releasing its Q2 2025 earnings data 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 released its quarterly earnings results on Tuesday, April 22nd. The company reported $1.03 earnings per share for the quarter, topping 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 firm 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 Price Performance

Shares of WFRD traded down $2.06 during mid-day trading on Tuesday, hitting $53.68. 818,083 shares of the company were exchanged, compared to its average volume of 1,186,322. Weatherford International has a 1-year low of $36.74 and a 1-year high of $135.00. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.52 and a current ratio of 2.08. The company has a 50 day moving average of $49.54 and a 200-day moving average of $55.22. The stock has a market cap of $3.89 billion, a price-to-earnings ratio of 8.59, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76.

Weatherford International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Tuesday, May 6th were issued a $0.25 dividend. The ex-dividend date was Tuesday, May 6th. This represents a $1.00 dividend on an annualized basis and a yield of 1.86%. Weatherford International's payout ratio is 16.00%.

Insider Buying and Selling at Weatherford International

In related news, Director Neal P. Goldman acquired 12,000 shares of the stock in a transaction that occurred on Thursday, April 24th. The stock was purchased at an average price of $42.04 per share, with a total value of $504,480.00. Following the transaction, the director owned 25,311 shares of the company's stock, valued at approximately $1,064,074.44. This trade represents a 90.15% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.09% of the company's stock.

Hedge Funds Weigh In On Weatherford International

Institutional investors and hedge funds have recently modified their holdings of the company. United Services Automobile Association acquired a new position in shares of Weatherford International during the first quarter worth $258,000. Royal Bank of Canada lifted its position 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. Finally, Goldman Sachs Group Inc. lifted its position 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. Institutional investors and hedge funds own 97.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on WFRD shares. 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 report on Tuesday, May 13th. Raymond James Financial downgraded shares of Weatherford International from a "strong-buy" rating to an "outperform" rating and cut their price target for the stock from $73.00 to $69.00 in a report on Thursday, April 24th. Barclays cut their price target on shares of Weatherford International from $85.00 to $77.00 and set an "overweight" rating for the company in a report on Friday, April 25th. Finally, Piper Sandler cut their price target on shares of Weatherford International from $80.00 to $62.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $96.63.

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.