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NASDAQ:WFRD

Weatherford International (WFRD) Stock Price, News & Analysis

$117.59
-6.06 (-4.90%)
(As of 05/22/2024 ET)
Today's Range
$114.72
$123.79
50-Day Range
$110.41
$129.25
52-Week Range
$55.81
$129.70
Volume
1.30 million shs
Average Volume
728,659 shs
Market Capitalization
$8.60 billion
P/E Ratio
19.03
Dividend Yield
N/A
Price Target
$146.11

Weatherford International MarketRank™ Stock Analysis

Analyst Rating
Buy
3.11 Rating Score
Upside/​Downside
24.3% Upside
$146.11 Price Target
Short Interest
Bearish
4.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.25mentions of Weatherford International in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.23 M Sold Last Quarter
Proj. Earnings Growth
20.46%
From $6.94 to $8.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.10 out of 5 stars

Oils/Energy Sector

22nd out of 231 stocks

Oil & Gas Field Machinery Industry

3rd out of 13 stocks

WFRD stock logo

About Weatherford International Stock (NASDAQ:WFRD)

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.

WFRD Stock Price History

WFRD Stock News Headlines

WFRD Apr 2024 115.000 put
WFRD Apr 2024 135.000 call
WFRD Mar 2024 120.000 call
Massive Insider Trade At Weatherford International
Weatherford Announces Fourth Quarter and Full Year 2023 Results
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Today
5/23/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$146.11
High Stock Price Target
$184.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+24.3%
Consensus Rating
Buy
Rating Score (0-4)
3.11
Research Coverage
9 Analysts

Profitability

Net Income
$417 million
Pretax Margin
10.72%

Debt

Sales & Book Value

Annual Sales
$5.14 billion
Cash Flow
$9.69 per share
Book Value
$15.04 per share

Miscellaneous

Free Float
71,984,000
Market Cap
$8.60 billion
Optionable
Optionable
Beta
0.71
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Key Executives


WFRD Stock Analysis - Frequently Asked Questions

Should I buy or sell Weatherford International stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Weatherford International in the last twelve months. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WFRD shares.
View WFRD analyst ratings
or view top-rated stocks.

What is Weatherford International's stock price target for 2024?

9 brokerages have issued 12-month price objectives for Weatherford International's stock. Their WFRD share price targets range from $100.00 to $184.00. On average, they anticipate the company's stock price to reach $146.11 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price.
View analysts price targets for WFRD
or view top-rated stocks among Wall Street analysts.

How have WFRD shares performed in 2024?

Weatherford International's stock was trading at $97.83 on January 1st, 2024. Since then, WFRD stock has increased by 20.2% and is now trading at $117.59.
View the best growth stocks for 2024 here
.

When is Weatherford International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our WFRD earnings forecast
.

How were Weatherford International's earnings last quarter?

Weatherford International plc (NASDAQ:WFRD) released its quarterly earnings data on Tuesday, April, 23rd. The company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.41 by $0.09. The firm earned $1.36 billion during the quarter, compared to the consensus estimate of $1.33 billion. Weatherford International had a net margin of 8.61% and a trailing twelve-month return on equity of 52.88%. Weatherford International's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.97 EPS.

Who are Weatherford International's major shareholders?

Weatherford International's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.39%), Price T Rowe Associates Inc. MD (8.76%), Capital Research Global Investors (6.07%), Bank of New York Mellon Corp (2.23%), Capital World Investors (1.61%) and Jennison Associates LLC (1.32%). Insiders that own company stock include Benjamin Duster, Charles M Sledge, Desmond J Mills, Girish Saligram, Joseph H Mongrain and Scott C Weatherholt.
View institutional ownership trends
.

How do I buy shares of Weatherford International?

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.

This page (NASDAQ:WFRD) was last updated on 5/23/2024 by MarketBeat.com Staff

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