A share price of Weatherford International plc [WFRD] is currently trading at $67.90, up 1.57%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WFRD shares have gain 6.36% over the last week, with a monthly amount drifted -5.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Weatherford International plc [NASDAQ: WFRD] stock has seen the most recent analyst activity on December 19, 2024, when Piper Sandler initiated its Neutral rating and assigned the stock a price target of $87. Previously, Goldman downgraded its rating to Neutral on December 13, 2024, and dropped its price target to $98. On May 14, 2024, Citigroup initiated with a Buy rating and assigned a price target of $155 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $135 on February 28, 2024. BofA Securities initiated its recommendation with a Buy and recommended $120 as its price target on November 10, 2023. CapitalOne started tracking with a Overweight rating for this stock on June 07, 2023, and assigned it a price target of $100. In a note dated May 03, 2023, Raymond James initiated an Strong Buy rating and provided a target price of $100 on this stock.
Weatherford International plc experienced fluctuations in its stock price throughout the past year between $60.45 and $135.00. Currently, Wall Street analysts expect the stock to reach $114.5 within the next 12 months. Weatherford International plc [NASDAQ: WFRD] shares were valued at $67.90 at the most recent close of the market. An investor can expect a potential return of 68.63% based on the average WFRD price forecast.
Analyzing the WFRD fundamentals
Trailing Twelve Months sales for Weatherford International plc [NASDAQ:WFRD] were 5.51B which represents -1.54% decline. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.41 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 67.08 points at the first support level, and at 66.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.96, and for the 2nd resistance point, it is at 70.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Weatherford International plc [NASDAQ:WFRD] is 2.01. As well, the Quick Ratio is 1.49, while the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 3.81 and price to earnings (TTM) ratio is 10.06.
Transactions by insiders
Recent insider trading involved Sandhu Depinder, EVP, Global Product Lines, that happened on Feb 07 ’25 when 14000.0 shares were sold. EVP and CFO, Mitra Arunava completed a deal on Feb 07 ’25 to sell 10000.0 shares. Meanwhile, SVP & Chief Accounting Officer Mills Desmond J sold 19425.0 shares on Feb 07 ’25.
