A look at Weatherford International plc’s (WFRD) recent performance gives investors their first glimpse of hope.

On Tuesday, Weatherford International plc (NASDAQ: WFRD) opened lower -0.68% from the last session, before settling in for the closing price of $70.23. Price fluctuations for WFRD have ranged from $66.23 to $135.00 over the past 52 weeks.

Energy Sector giant saw their annual sales surged by 1.74% over the last five years. Company’s average yearly earnings per share was noted 23.97% at the time writing. With a float of $71.28 million, this company’s outstanding shares have now reached $72.70 million.

The firm has a total of 18500 workers. Let’s measure their productivity. 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 Activity

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 1.90%, while institutional ownership is 95.69%. The most recent insider transaction that took place on Jan 06 ’25, was worth 346,007. In this transaction EVP, Chief Commercial Officer of this company sold 4,762 shares at a rate of $72.66, taking the stock ownership to the 11,109 shares. Before that another transaction happened on Jan 06 ’25, when Company’s Officer proposed sale 4,762 for $72.66, making the entire transaction worth $346,007.

Weatherford International plc (WFRD) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.97% 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 0.92. Likewise, its price to free cash flow for the trailing twelve months is 7.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.14, a number that is poised to hit 1.46 in the next quarter and is forecasted to reach 6.62 in one year’s time.

Technical Analysis of Weatherford International plc (WFRD)

Analysing the last 5-days average volume posted by the [Weatherford International plc, WFRD], we can find that recorded value of 1.05 million was better than the volume posted last year of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 30.03%. Additionally, its Average True Range was 2.95.

During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 7.82%, which indicates a significant decrease from 35.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.48% in the past 14 days, which was lower than the 42.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $78.15, while its 200-day Moving Average is $101.79. Now, the first resistance to watch is $71.05. This is followed by the second major resistance level at $72.35. The third major resistance level sits at $73.80. If the price goes on to break the first support level at $68.30, it is likely to go to the next support level at $66.86. Should the price break the second support level, the third support level stands at $65.56.

Weatherford International plc (NASDAQ: WFRD) Key Stats

There are currently 72,652K shares outstanding in the company with a market cap of 5.07 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.