Ready to Jump After Recent Trade: Weatherford International plc (WFRD)

With 1.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.14 million shares. The 52-week range on WFRD shows that it touched its highest point at $135.00 and its lowest point at $56.38 during that stretch. It currently has a 1-year price target of $95.75. With its current market cap of 3.96 billion, WFRD has annualized dividend of $0.75 while the current yield stands at 1.38%. Beta for the stock currently stands at 1.12.

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 down-trending over the past week, with a drop of -14.99%, but this was down by -13.63% over a month. Three-month performance dropped to -34.13% while six-month performance fell -48.08%. The stock lost -47.01% in the past year, while it has lost -24.10% so far this year. A look at the trailing 12-month EPS for WFRD yields 6.75 with Next year EPS estimates of 7.45. For the next quarter, that number is 0.93. This implies an EPS growth rate of -8.86% for this year and 21.06% for next year. EPS is expected to grow by 6.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -33.50%.

Float and Shares Shorts:

At present, 72.10 million WFRD shares are outstanding with a float of 71.29 million shares on hand for trading.

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.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.06408 being high and $6.81066 being low. For WFRD, this leads to a yearly average estimate of $6.93737.

Summary of Insider Activity:

Insiders traded WFRD stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.