On Friday, Weatherford International plc (NASDAQ: WFRD) opened higher 3.93% from the last session, before settling in for the closing price of $77.31. Price fluctuations for WFRD have ranged from $77.29 to $135.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales slided by -0.45%. Company’s average yearly earnings per share was noted 20.17% at the time writing. With a float of $71.53 million, this company’s outstanding shares have now reached $72.00 million.
The extent of productivity of a business whose workforce counts for 18500 workers is very important to gauge. In terms of profitability, gross margin is 34.37%, operating margin of 17.42%, and the pretax margin is 12.99%.
Weatherford International plc (WFRD) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Weatherford International plc is 1.55%, while institutional ownership is 94.62%. The most recent insider transaction that took place on Oct 25 ’24, was worth 521,566. Before that another transaction happened on Sep 05 ’24, when Company’s EVP, Chief Commercial Officer sold 6,805 for $93.96, making the entire transaction worth $639,390. This insider now owns 0 shares in total.
Weatherford International plc (WFRD) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.9 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.36) by 0.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.17% per share during the next fiscal year.
Weatherford International plc (NASDAQ: WFRD) Trading Performance Indicators
Check out the current performance indicators for Weatherford International plc (WFRD). In the past quarter, the stock posted a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05. Likewise, its price to free cash flow for the trailing twelve months is 8.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.14, a number that is poised to hit 1.77 in the next quarter and is forecasted to reach 7.71 in one year’s time.
Technical Analysis of Weatherford International plc (WFRD)
The latest stats from [Weatherford International plc, WFRD] show that its last 5-days average volume of 1.7 million was superior to 0.91 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.04%. Additionally, its Average True Range was 3.61.
During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 5.30%, which indicates a significant decrease from 16.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.92% in the past 14 days, which was higher than the 43.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.39, while its 200-day Moving Average is $108.18. Now, the first resistance to watch is $81.63. This is followed by the second major resistance level at $82.91. The third major resistance level sits at $84.96. If the price goes on to break the first support level at $78.30, it is likely to go to the next support level at $76.25. The third support level lies at $74.97 if the price breaches the second support level.
Weatherford International plc (NASDAQ: WFRD) Key Stats
There are currently 73,154K shares outstanding in the company with a market cap of 5.84 billion. Presently, the company’s annual sales total 5,135 M according to its annual income of 417,000 K. Last quarter, the company’s sales amounted to 1,409 M and its income totaled 157,000 K.
