Weatherford International plc (NASDAQ: WFRD) on Friday, plunged -2.57% from the previous trading day, before settling in for the closing price of $64.61. Within the past 52 weeks, WFRD’s price has moved between $63.71 and $135.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 1.74%. The company achieved an average annual earnings per share of 23.19%. With a float of $71.21 million, this company’s outstanding shares have now reached $72.70 million.
Considering the fact that the conglomerate employs 18500 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Weatherford International plc is 1.98%, while institutional ownership is 94.50%. The most recent insider transaction that took place on Jan 29 ’25, was worth 2,945,051. In this transaction EVP, GC & CCO of this company sold 44,505 shares at a rate of $66.17, taking the stock ownership to the 125,019 shares. Before that another transaction happened on Jan 29 ’25, when Company’s Officer proposed sale 44,505 for $66.18, making the entire transaction worth $2,945,126.
Weatherford International plc (WFRD) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.19% per share during the next fiscal year.
Weatherford International plc (NASDAQ: WFRD) Trading Performance Indicators
Weatherford International plc (WFRD) is currently performing well based on its current performance indicators. A quick ratio of 1.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 7.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.14, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 6.22 in one year’s time.
Technical Analysis of Weatherford International plc (WFRD)
Compared to the last year’s volume of 1.13 million, its volume of 1.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.17%. Additionally, its Average True Range was 2.82.
During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 2.70%, which indicates a significant decrease from 7.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.00% in the past 14 days, which was lower than the 41.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.44, while its 200-day Moving Average is $98.68. Nevertheless, the first resistance level for the watch stands at $64.97 in the near term. At $66.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $68.48. If the price goes on to break the first support level at $61.45, it is likely to go to the next support level at $59.95. Now, if the price goes above the second support level, the third support stands at $57.94.
Weatherford International plc (NASDAQ: WFRD) Key Stats
Market capitalization of the company is 4.57 billion based on 72,652K outstanding shares. Right now, sales total 5,135 M and income totals 417,000 K. The company made 1,409 M in profit during its latest quarter, and 157,000 K in sales during its previous quarter.
