Weatherford International plc (NASDAQ: WFRD) kicked off on Tuesday, up 2.49% from the previous trading day, before settling in for the closing price of $79.79. Over the past 52 weeks, WFRD has traded in a range of $77.00-$135.00.
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Annual sales at Energy sector company slipped by -0.45% over the past five years. While this was happening, its average annual earnings per share was recorded 20.98%. With a float of $71.53 million, this company’s outstanding shares have now reached $72.00 million.
Let’s look at the performance matrix of the company that is accounted for 18500 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Weatherford International plc is 1.54%, while institutional ownership is 93.92%. The most recent insider transaction that took place on Oct 25 ’24, was worth 521,566. In this transaction SVP & Chief Accounting Officer of this company sold 6,531 shares at a rate of $79.86, taking the stock ownership to the 11,680 shares. Before that another transaction happened on Oct 25 ’24, when Company’s Officer proposed sale 6,531 for $79.86, making the entire transaction worth $521,566.
Weatherford International plc (WFRD) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.9 earnings per share (EPS), higher than consensus estimate (set at 1.36) by 0.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.98% per share during the next fiscal year.
Weatherford International plc (NASDAQ: WFRD) Trading Performance Indicators
Take a look at Weatherford International plc’s (WFRD) current performance indicators. Last quarter, stock had a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 9.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.14, a number that is poised to hit 1.75 in the next quarter and is forecasted to reach 7.78 in one year’s time.
Technical Analysis of Weatherford International plc (WFRD)
Weatherford International plc (NASDAQ: WFRD) saw its 5-day average volume 1.0 million, a positive change from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 37.39%. Additionally, its Average True Range was 3.20.
During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 8.24%, which indicates a significant decrease from 30.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.59% in the past 14 days, which was higher than the 43.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.63, while its 200-day Moving Average is $107.68. Nevertheless, the first resistance level for the watch stands at $82.79 in the near term. At $83.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $84.97. If the price goes on to break the first support level at $80.61, it is likely to go to the next support level at $79.45. The third support level lies at $78.43 if the price breaches the second support level.
Weatherford International plc (NASDAQ: WFRD) Key Stats
The company with the Market Capitalisation of 5.94 billion has total of 72,652K Shares Outstanding. Its annual sales at the moment are 5,135 M in contrast with the sum of 417,000 K annual income. Company’s last quarter sales were recorded 1,409 M and last quarter income was 157,000 K.
