On Friday, Weatherford International plc (NASDAQ: WFRD) opened lower -6.75% from the last session, before settling in for the closing price of $70.22. Price fluctuations for WFRD have ranged from $60.45 to $135.00 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 2.86%. Company’s average yearly earnings per share was noted -8.31% at the time writing. With a float of $71.28 million, this company’s outstanding shares have now reached $72.10 million.
Let’s determine the extent of company efficiency that accounts for 19000 employees. In terms of profitability, gross margin is 33.87%, operating margin of 17.16%, and the pretax margin is 13.4%.
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 2.17%, while institutional ownership is 100.50%. The most recent insider transaction that took place on Feb 07 ’25, was worth 929,740. In this transaction EVP, Global Product Lines of this company sold 14,000 shares at a rate of $66.41, taking the stock ownership to the 8,892 shares. Before that another transaction happened on Feb 07 ’25, when Company’s EVP and CFO sold 10,000 for $67.57, making the entire transaction worth $675,712. This insider now owns 21,072 shares in total.
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 -8.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.79% during the next five years compared to -33.50% drop over the previous five years of trading.
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 0.87. Likewise, its price to free cash flow for the trailing twelve months is 9.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.75, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 7.44 in one year’s time.
Technical Analysis of Weatherford International plc (WFRD)
Looking closely at Weatherford International plc (NASDAQ: WFRD), its last 5-days average volume was 1.32 million, which is a drop from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 42.00%. Additionally, its Average True Range was 3.13.
During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 14.32%, which indicates a significant decrease from 36.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.71% in the past 14 days, which was higher than the 43.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.22, while its 200-day Moving Average is $95.07. However, in the short run, Weatherford International plc’s stock first resistance to watch stands at $68.61. Second resistance stands at $71.74. The third major resistance level sits at $73.36. If the price goes on to break the first support level at $63.87, it is likely to go to the next support level at $62.25. Should the price break the second support level, the third support level stands at $59.12.
Weatherford International plc (NASDAQ: WFRD) Key Stats
There are currently 72,846K shares outstanding in the company with a market cap of 4.77 billion. Presently, the company’s annual sales total 5,513 M according to its annual income of 506,000 K. Last quarter, the company’s sales amounted to 1,341 M and its income totaled 112,000 K.
