Should I buy or sell Weatherford International stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weatherford International in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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?

8 Wall Street research analysts have issued 1-year target prices for Weatherford International's shares. Their WFRD share price targets range from $82.00 to $180.00. On average, they predict the company's share price to reach $131.00 in the next twelve months. This suggests a possible upside of 16.1% 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 at the start of the year. Since then, WFRD shares have increased by 15.3% and is now trading at $112.79. 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, April 23rd 2024. View our WFRD earnings forecast .

How can I listen to Weatherford International's earnings call?

Weatherford International will be holding an earnings conference call on Wednesday, April 24th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2193017".

How were Weatherford International's earnings last quarter?

Weatherford International plc (NASDAQ:WFRD) announced its quarterly earnings data on Tuesday, February, 6th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.42 by $0.48. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. Weatherford International had a net margin of 8.12% and a trailing twelve-month return on equity of 56.68%. The firm's revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 EPS.

What ETFs hold Weatherford International's stock?

ETFs with the largest weight of Weatherford International (NASDAQ:WFRD) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ) , VanEck Oil Services ETF (OIH) , iShares U.S. Oil Equipment & Services ETF (IEZ) , SPDR S&P Oil & Gas Equipment & Services ETF (XES) , Invesco Dorsey Wright Energy Momentum ETF (PXI) , Invesco S&P MidCap 400 Pure Growth ETF (RFG) , First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM) .

Who are Weatherford International's major shareholders?

Weatherford International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.30%), Hennessy Advisors Inc. (0.10%), Los Angeles Capital Management LLC (0.04%), State of Michigan Retirement System (0.02%), Allspring Global Investments Holdings LLC (0.02%) and Diversified Trust Co (0.02%). Insiders that own company stock include Benjamin Duster, 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 .

NASDAQ:WFRD

Weatherford International (WFRD) Stock Price, News & Analysis

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$112.79

+1.86 (+1.68%)

(As of 04:00 PM ET)

Compare

Today's Range: $109.22
▼
$113.08
50-Day Range: $96.67
▼
$126.41
52-Week Range: $55.81
▼
$127.45

Volume: 745,176 shs
Average Volume: 811,075 shs
Market Capitalization: $8.16 billion

P/E Ratio: 19.96
Dividend Yield: N/A
Price Target: $131.00

Get Weatherford International alerts:

Weatherford International MarketRank™ Stock Analysis

Analyst Rating: Buy
3.13 Rating Score
Upside/Downside: 16.1% Upside
$131.00 Price Target
Short Interest: Healthy
3.92% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.75
Based on 10 Articles This Week
Insider Trading: Selling Shares
$13.63 M Sold Last Quarter
Proj. Earnings Growth: 22.88%
From $6.73 to $8.27 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.

4.60 out of 5 stars

Oils/Energy Sector

21st out of 229 stocks

Oil & Gas Field Machinery Industry

3rd out of 13 stocks

3.6

Analyst's Opinion

Consensus Rating
Weatherford International has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Weatherford International has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.92% of the float of Weatherford International has been sold short.
Short Interest Ratio / Days to Cover
Weatherford International has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Weatherford International has recently decreased by 10.61%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Weatherford International does not currently pay a dividend.
Dividend Growth
Weatherford International does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WFRD.

3.2

News and Social Media Coverage

News Sentiment
Weatherford International has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Weatherford International this week, compared to 3 articles on an average week.
Search Interest
Only 16 people have searched for WFRD on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
MarketBeat Follows
13 people have added Weatherford International to their MarketBeat watchlist in the last 30 days. This is an increase of 30% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Weatherford International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,628,764.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Weatherford International is held by insiders.
Percentage Held by Institutions
97.23% of the stock of Weatherford International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Weatherford International are expected to grow by 22.88% in the coming year, from $6.73 to $8.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Weatherford International is 19.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Weatherford International is 19.96, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.60.
Price to Earnings Growth Ratio
Weatherford International has a PEG Ratio of 0.88. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Weatherford International has a P/B Ratio of 8.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

WFRD Stock News Headlines

April 17, 2024 | benzinga.com

A Glimpse Into The Expert Outlook On Weatherford International Through 4 Analysts

April 17, 2024 | americanbankingnews.com

Weatherford International (NASDAQ:WFRD) Price Target Increased to $152.00 by Analysts at Raymond James

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 16, 2024 | americanbankingnews.com

Weatherford International (NASDAQ:WFRD) Price Target Increased to $135.00 by Analysts at Bank of America

April 16, 2024 | americanbankingnews.com

Weatherford International (WFRD) to Release Earnings on Tuesday

April 10, 2024 | americanbankingnews.com

Weatherford International plc (NASDAQ:WFRD) Given Consensus Rating of "Buy" by Brokerages

April 9, 2024 | americanbankingnews.com

Weatherford International (NASDAQ:WFRD) Price Target Raised to $180.00 at Piper Sandler

March 22, 2024 | globenewswire.com

Weatherford Announces First-Quarter 2024 Conference Call

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 20, 2024 | finance.yahoo.com

Do Weatherford International's (NASDAQ:WFRD) Earnings Warrant Your Attention?

March 16, 2024 | finance.yahoo.com

WFRD Apr 2024 115.000 put

March 16, 2024 | finance.yahoo.com

WFRD Apr 2024 135.000 call

March 6, 2024 | nasdaq.com

Validea Detailed Fundamental Analysis - WFRD

February 28, 2024 | finance.yahoo.com

We Think Weatherford International (NASDAQ:WFRD) Might Have The DNA Of A Multi-Bagger

February 17, 2024 | investors.com

General Motors, Celsius Lead Five Non-AI Stocks Near Buy Points

February 16, 2024 | finance.yahoo.com

WFRD Mar 2024 120.000 call

February 13, 2024 | benzinga.com

Massive Insider Trade At Weatherford International

February 8, 2024 | finance.yahoo.com

Weatherford International Full Year 2023 Earnings: EPS Beats Expectations

February 7, 2024 | finanznachrichten.de

Weatherford International plc: Weatherford Announces Fourth Quarter and Full Year 2023 Results

February 6, 2024 | markets.businessinsider.com

Weatherford Announces Fourth Quarter and Full Year 2023 Results

February 5, 2024 | markets.businessinsider.com

Weatherford International is about to announce its earnings — here's what Wall Street expects

February 2, 2024 | finance.yahoo.com

Yacktman Asset Management Adjusts Portfolio, Weatherford International PLC Sees Significant ...

January 30, 2024 | msn.com

Why UPS Shares Are Trading Lower By 8%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

January 22, 2024 | finance.yahoo.com

Weatherford International plc (NASDAQ:WFRD) Delivered A Better ROE Than Its Industry

January 16, 2024 | msn.com

Oilfield services names cut at Benchmark as momentum favors international, offshore

January 6, 2024 | msn.com

Buy This Breakout Energy Stock for More Upside in 2024

January 5, 2024 | finance.yahoo.com

Weatherford Announces Fourth-Quarter and Full-Year 2023 Conference Call

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Oil & gas field machinery
Sub-Industry: N/A
Current Symbol: NASDAQ:WFRD
CUSIP: N/A
CIK: 1603923
Web: www.weatherford.com
Phone: (713) 836-4000
Fax: 713-693-4323
Employees: 18,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $131.00
High Stock Price Target: $180.00
Low Stock Price Target: $82.00
Potential Upside/Downside: +18.1%
Consensus Rating: Buy
Rating Score (0-4): 3.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.65
Trailing P/E Ratio: 19.63
Forward P/E Ratio: 16.48
P/E Growth: 0.88
Net Income: $417 million
Net Margins: 8.12%
Pretax Margin: 9.85%
Return on Equity: 56.68%
Return on Assets: 8.63%

Debt

Debt-to-Equity Ratio: 1.86
Current Ratio: 1.79
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $5.14 billion
Price / Sales: 1.56
Cash Flow: $10.37 per share
Price / Cash Flow: 10.70
Book Value: $12.78 per share
Price / Book: 8.68

Miscellaneous

Outstanding Shares: 72,320,000
Free Float: 70,725,000
Market Cap: $8.02 billion
Optionable: Optionable
Beta: 0.73

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Key Executives

Mr. Girishchandra K. Saligram (Age 52)
President, CEO & Director
Comp: $5.7M
Mr. Desmond J. Mills (Age 50)
Senior VP & Chief Accounting Officer
Comp: $812.18k
Mr. Scott C. Weatherholt (Age 46)
Executive VP, General Counsel & Chief Compliance Officer
Comp: $1.93M
Mr. Charles W. Davison Jr. (Age 55)
Executive VP and Chief Fulfillment & Enterprise Infrastructure Officer
Comp: $667.88k
Mr. Arunava Mitra (Age 51)
Executive VP & CFO
Depinder Sandhu (Age 48)
Executive Vice President of Global Product Lines & Technology
Mohammed Topiwala
Director of Investor Relations and M&A
Kelley Hughes
Director of Global Communications
Ms. Kristin Ruzicka
Senior VP & Chief Human Resources Officer
David John Reed (Age 50)
Executive VP & Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WFRD Stock Analysis - Frequently Asked Questions

Should I buy or sell Weatherford International stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weatherford International in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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?: 8 Wall Street research analysts have issued 1-year target prices for Weatherford International's shares. Their WFRD share price targets range from $82.00 to $180.00. On average, they predict the company's share price to reach $131.00 in the next twelve months. This suggests a possible upside of 16.1% 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 at the start of the year. Since then, WFRD shares have increased by 15.3% and is now trading at $112.79.
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, April 23rd 2024.
View our WFRD earnings forecast.
How can I listen to Weatherford International's earnings call?: Weatherford International will be holding an earnings conference call on Wednesday, April 24th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2193017".

How were Weatherford International's earnings last quarter?: Weatherford International plc (NASDAQ:WFRD) announced its quarterly earnings data on Tuesday, February, 6th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.42 by $0.48. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. Weatherford International had a net margin of 8.12% and a trailing twelve-month return on equity of 56.68%. The firm's revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 EPS.
What ETFs hold Weatherford International's stock?: ETFs with the largest weight of Weatherford International (NASDAQ:WFRD) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ), VanEck Oil Services ETF (OIH), iShares U.S. Oil Equipment & Services ETF (IEZ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco S&P MidCap 400 Pure Growth ETF (RFG), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM).
Who are Weatherford International's major shareholders?: Weatherford International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.30%), Hennessy Advisors Inc. (0.10%), Los Angeles Capital Management LLC (0.04%), State of Michigan Retirement System (0.02%), Allspring Global Investments Holdings LLC (0.02%) and Diversified Trust Co (0.02%). Insiders that own company stock include Benjamin Duster, 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 4/19/2024 by MarketBeat.com Staff

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Weatherford International (WFRD) Stock Price, News & Analysis

Weatherford International MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Weatherford International Stock (NASDAQ:WFRD)

WFRD Stock Price History

WFRD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

WFRD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™