With 1.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.97 million shares. During the session, the Oil & Gas Equipment & Services company that operates in wider Energy sector, reached to the highest price of $75.27 whereas the lowest price it dropped to was $73.18. The 52-week range on WFRD shows that it touched its highest point at $135.00 and its lowest point at $66.23 during that stretch. It currently has a 1-year price target of $107.75. With its current market cap of 5.32 billion, WFRD has annualized dividend of $0.50 while the current yield stands at 0.68%. WFRD paid its most recent dividend on 1730851200, while the ex-dividend date for that was 1730851200. Beta for the stock currently stands at 1.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WFRD was up-trending over the past week, with a rise of 4.31%, but this was up by 2.29% over a month. Three-month performance dropped to -20.16% while six-month performance fell -43.95%. The stock lost -22.48% in the past year, while it has gained 2.28% so far this year. A look at the trailing 12-month EPS for WFRD yields 7.14 with Next year EPS estimates of 6.47. For the next quarter, that number is 1.42. This implies an EPS growth rate of 23.89% for this year and -7.80% for next year.
Float and Shares Shorts:
At present, 72.70 million WFRD shares are outstanding with a float of 71.28 million shares on hand for trading. On 2024-12-31, short shares totaled 2.72 million, which was 375.0 higher than short shares on 1732838400. In addition to Mr. Girishchandra K. Saligram as the firm’s President, CEO & Director, Mr. Arunava Mitra serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.98587 of WFRD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, WFRD reported revenue of $1409000000.0 and operating income of $243000000.0. The EBITDA in the recently reported quarter was $304000000.0 and diluted EPS was $2.06.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WFRD since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WFRD analysts setting a high price target of 140.0 and a low target of 84.0, the average target price over the next 12 months is 105.11111. Based on these targets, WFRD could surge 91.1% to reach the target high and rise by 14.66% to reach the target low. Reaching the average price target will result in a growth of 43.48% from current levels.
Analysts have provided yearly estimates in a range of $7.08607 being high and $6.90708 being low. For WFRD, this leads to a yearly average estimate of $7.01237. Based on analyst estimates, the high estimate for the next quarter is $2.17 and the low estimate is $0.88. The average estimate for the next quarter is thus $1.28.
