Weatherford International plc (NYSE:WFT) closed its last session at $2.74. The stock traded within a range of $2.67 and $2.83. The company operates in the Energy sector with a market capitalization of 2.7 Million. Trading volume for Weatherford International plc was 19.25 Million in its previous trading session. Currently, Weatherford International plc (NYSE:WFT) has an average volume of 24.71 Million.
Weatherford International is one of the world’s leading providers of equipment and services used for the drilling, completion and production of oil and natural gas wells. Its operations are conducted in numerous countries and it has service and sales locations in substantially all of the oil and natural gas producing regions in the world. The company’s products and services are divided into the following four principal operating divisions: Drilling and Intervention Services; Completion Systems; Artificial Lift Systems; and Compression Services.
Weatherford International plc (NYSE:WFT) received a Buy rating from 8 analysts. 0 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.
Weatherford International plc (NYSE:WFT) touched its 1-Year High price of $7.09 on 03/07/17 and its 1-Year Low price of $2.62 on 02/13/18.
EPS & Financials
Weatherford International plc (NYSE:WFT) reported its EPS in the last quarter as $-0.33/Share lagging the analyst estimate of $-0.21/Share by a difference of $-0.12. This showed a surprise of -57.1% in the last quarter earnings.
For the current quarter, 28 analysts are projecting a mean EPS of $-0.22/share. According to their observations and findings, the stock could provide a high EPS of $-0.14/share and a low EPS of $-0.26/share.
Analysts believe that the company has the potential to earn average revenue of $1.46 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.53 Billion and 1.37 Billion respectively.
By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Weatherford International plc (NYSE:WFT) has a 20-Day average volume of 26.44 Million. According to today’s trading volume Weatherford International plc is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.
The company currently has an insider ownership of 0.7 Percent and Institutional ownership of 25.45 Percent. The return on assets stands at -24.1%, Return on Equity currently is -183% and the Return on Investment value is -28.6%.
Weatherford International plc (NYSE:WFT) gross margin percentage stands at 37% while its operating margin for the past trailing twelve month is -29.3 percent and its overall profit margin (ttm) is -51.7 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -25.64% with a 50-Day Simple Moving Average of -26.19 percent. As of today, the company has a SMA200 (200-day simple moving average) of -32.44 Percent. The Stock has YTD (year to date) performance of -34.29 percent.
The TTM operating margin for the company stands at -29.3%. The return on invested capital is at -28.6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.
The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -32.44%, and has a solid year to date (YTD) performance of -34.29% which means that the stock is constantly adding to its value from the previous fiscal year end price.