Weatherford International plc (NASDAQ: WFRD) has seen a rise in its stock price by 0.51 in relation to its previous close of 67.29. However, the company has experienced a 3.65% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-06 that Weatherford International plc (NASDAQ:WFRD ) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Luke Lemoine – SVP, Corporate Development and IR Girish Saligram – President & CEO Arun Mitra – EVP & CFO Conference Call Participants Saurabh Pant – Bank of America Kurt Hallead – Benchmark Jim Rollyson – Raymond James Joshua Chan – Daniel Energy Partners Doug Becker – Capital One Derek Podhaizer – Piper Sandler Operator Good morning, and welcome to the Weatherford International Fourth Quarter 2024 and Full-Year 2024 Earnings Call. All participants will be in listen-only mode.
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 10.02x, Company’s 36-month beta value is 1.65.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for WFRD is 71.34M, and currently, short sellers hold a 3.55% ratio of that floaft. The average trading volume of WFRD on February 13, 2025 was 1.02M shares.
WFRD’s Market Performance
The stock of Weatherford International plc (WFRD) has seen a 3.65% increase in the past week, with a -3.70% drop in the past month, and a -22.70% fall in the past quarter. The volatility ratio for the week is 5.22%, and the volatility levels for the past 30 days are at 4.27% for WFRD. The simple moving average for the past 20 days is -0.37% for WFRD’s stock, with a -30.05% simple moving average for the past 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 -5.63% 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 -49.90% of loss for the given period.
Volatility was left at 4.27%, however, over the last 30 days, the volatility rate increased by 5.22%, as shares sank -3.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.06% lower at present.
During the last 5 trading sessions, WFRD rose by +3.65%, which changed the moving average for the period of 200-days by -45.31% in comparison to the 20-day moving average, which settled at $67.88. In addition, Weatherford International plc saw -5.58% 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 Sandhu Depinder, who sale 14,000 shares at the price of $66.41 back on Feb 07 ’25. After this action, Sandhu Depinder now owns 8,892 shares of Weatherford International plc, valued at $929,740 using the latest closing price.
Mitra Arunava, the EVP and CFO of Weatherford International plc, sale 10,000 shares at $67.57 during a trade that took place back on Feb 07 ’25, which means that Mitra Arunava is holding 21,072 shares at $675,712 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 0.09. The total capital return value is set at 0.34. Equity return is now at value 45.81, with 9.90 for asset returns.
Based on Weatherford International plc (WFRD), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 1.26. The interest coverage ratio of the stock is 7.82.
Currently, EBITDA for the company is 1.18 billion with net debt to EBITDA at 0.58. 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 4.37for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.
Conclusion
In a nutshell, Weatherford International plc (WFRD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
