Weatherford International plc (NASDAQ: WFRD) has experienced a rise in its stock price by 1.82 compared to its previous closing price of 63.84. However, the company has seen a fall of -1.80% in its stock price over the last five trading days. zacks.com reported 2025-01-29 that Weatherford (WFRD) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Weatherford International plc (NASDAQ: WFRD) Right Now?
The price-to-earnings ratio for Weatherford International plc (NASDAQ: WFRD) is above average at 9.10x. The 36-month beta value for WFRD is also noteworthy at 1.65. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for WFRD is 71.21M, and at present, short sellers hold a 3.50% of that float. The average trading volume of WFRD on February 05, 2025 was 943.38K shares.
WFRD’s Market Performance
WFRD stock saw a decrease of -1.80% in the past week, with a monthly decline of -10.08% and a quarterly a decrease of -17.72%. The volatility ratio for the week is 4.66%, and the volatility levels for the last 30 days are 4.11% for Weatherford International plc (WFRD). The simple moving average for the last 20 days is -6.33% for WFRD’s stock, with a simple moving average of -33.81% for the last 200 days.
Analysts’ Opinion of WFRD
Many brokerage firms have already submitted their reports for WFRD stocks, with Piper Sandler repeating the rating for WFRD by listing it as a “Neutral.” The predicted price for WFRD in the upcoming period, according to Piper Sandler is $87 based on the research report published on December 19, 2024 of the previous year 2024.
Goldman, on the other hand, stated in their research note that they expect to see WFRD reach a price target of $98, previously predicting the price at $132. The rating they have provided for WFRD stocks is “Neutral” according to the report published on December 13th, 2024.
Citigroup gave a rating of “Buy” to WFRD, setting the target price at $155 in the report published on May 14th of the previous year.
WFRD Trading at -11.81% from the 50-Day Moving Average
After a stumble in the market that brought WFRD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.85% of loss for the given period.
Volatility was left at 4.11%, however, over the last 30 days, the volatility rate increased by 4.66%, as shares sank -10.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.04% lower at present.
During the last 5 trading sessions, WFRD fell by -1.80%, which changed the moving average for the period of 200-days by -41.13% in comparison to the 20-day moving average, which settled at $69.40. In addition, Weatherford International plc saw -9.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WFRD starting from Weatherholt Scott C, who sale 44,505 shares at the price of $66.17 back on Jan 29 ’25. After this action, Weatherholt Scott C now owns 125,019 shares of Weatherford International plc, valued at $2,945,051 using the latest closing price.
Weatherholt Scott C, the Officer of Weatherford International plc, proposed sale 44,505 shares at $66.18 during a trade that took place back on Jan 29 ’25, which means that Weatherholt Scott C is holding shares at $2,945,126 based on the most recent closing price.
Stock Fundamentals for WFRD
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.34 for the gross margin
The net margin for Weatherford International plc stands at 0.1. The total capital return value is set at 0.27. Equity return is now at value 51.17, with 10.59 for asset returns.
Based on Weatherford International plc (WFRD), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 1.35. The interest coverage ratio of the stock is 7.97.
Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at 0.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.02. The receivables turnover for the company is 4.5for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
Conclusion
In summary, Weatherford International plc (WFRD) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.