Weatherford International (NYSE:WFT)- Stocks Ensnare on Profitability Ratio: HollyFrontier (NYSE:HFC)

04 February, 2017, 00:28 | Author: Alicia Barber
  • Pros Outweigh Cons In Weatherford's First Quarter Under New CEO Loop Capital Upgrades

Barclays PLC reissued their equal weight rating on shares of Weatherford International PLC (NYSE:WFT) in a research report released on Monday morning. This rating was issued on 1/27/17. In the last month the stock has moved in price 7.85%, with a one year change of -7.97%. The price to earnings ratio indicates the expected price of a share based on its earnings. There may be various price targets for a stock.

Weatherford International plc (NYSE:WFT) reported its previous quarter on 10/25/2016 where it reported the Actual Earnings of $-0.39. Let's take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Bernstein Initiates Coverage On the company's stock to Outperform on 12/02/16 by setting a price target of $7. Weatherford International PLC now has an average rating of Buy and an average target price of $7.94. Citigroup Inc. lifted their target price on shares of Weatherford International PLC from $7.00 to $8.00 and gave the company a "buy" rating in a report on Tuesday, October 11th. The Stock has a 52-Week High of $8.49 and 52-Week Low of $3.73 following the dates, it touched its 52-Week High on April 27, 2016 and 52-Week Low on Nov 8, 2016. While it's Return on Investment (ROI) value is -11.9%. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.13 on scale of 1-5. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.

Weatherford International PLC (NYSE:WFT) is set to post its quarterly earnings results on Thursday, February 2nd.

In an overview of the current analyst recommendations, Buy count is 1 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 17 and 2, respectively. Thus Surprise Factor was there with 6.7 percent. The stock's market capitalization is $5.18 billion. It opened the session with a $5.6 price tag, later ranging from $5.58 to $6.0075, the range at which the stock has traded at throughout the day.

Russia's Oil Output Down by 100000 Bpd in January
However, analysts at Macquarie are more optimistic and expects total oil output to reach 9.37 million barrels a day. Russia , the world's biggest oil producer, also said it cut supplies by 100,000 bpd in January.

Looking at the chart above, WFT's low point in its 52 week range is $3.73 per share, with $8.49 as the 52 week high point - that compares with a last trade of $5.87. The company had Year Ago Sales of $22.85 Billion.

During last 5 trades the stock sticks nearly 6.85%. Currently, the company has SMA200 (200-day simple moving average) of 1.47 Percent.

Weatherford International plc (NYSE:WFT) is now showing its ROA (Return on Assets) of -28.9%. For trailing twelve months, EPS value for the stock is $14.70.

While looking at the Stock's Performance, Weatherford International plc now shows a Weekly Performance of 6.85%, where Monthly Performance is 7.85%, Quarterly performance is 28.51%, 6 Months performance is 6.07% and yearly performance percentage is -7.97%. Stock performance in last five sessions is recorded as 16.73% while year to date (YTD) performance is 8.29%. The average volume stands around 26.7 million shares. On May 10, 2016, Robert A Rayne (director) purchased 100,000 shares at $5.59 per share price, according to the Form-4 filing with the securities and exchange commission. WFT has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 12.86 and Price to Free Cash Flow (P/FCF) value of 0.

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