Weatherford International PLC (NASDAQ:WFRD – Free Report) – Analysts at Capital One Financial reduced their Q2 2025 earnings per share (EPS) estimates for Weatherford International in a report released on Monday, July 21st. Capital One Financial analyst D. Becker now forecasts that the company will earn $0.92 per share for the quarter, down from their prior forecast of $1.04. The consensus estimate for Weatherford International’s current full-year earnings is $5.89 per share.
Several other equities analysts also recently weighed in on the stock. Citigroup dropped their target price on shares of Weatherford International from $90.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, May 13th. Barclays lowered their price target on shares of Weatherford International from $85.00 to $77.00 and set an “overweight” rating on the stock in a research report on Friday, April 25th. Piper Sandler cut their price objective on Weatherford International from $80.00 to $62.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Finally, Raymond James Financial cut Weatherford International from a “strong-buy” rating to an “outperform” rating and lowered their target price for the company from $73.00 to $69.00 in a report on Thursday, April 24th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Weatherford International currently has an average rating of “Moderate Buy” and a consensus target price of $96.63.
Weatherford International Stock Up 4.8%
WFRD opened at $58.38 on Tuesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.52 and a current ratio of 2.08. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 9.04, a PEG ratio of 1.78 and a beta of 0.76. Weatherford International has a one year low of $36.74 and a one year high of $128.43. The business’s fifty day moving average is $50.62 and its two-hundred day moving average is $54.62.
Weatherford International (NASDAQ:WFRD – Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $1.87 EPS for the quarter, beating the consensus estimate of $0.97 by $0.90. Weatherford International had a net margin of 9.35% and a return on equity of 36.08%. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter last year, the business earned $1.66 earnings per share. The business’s revenue for the quarter was down 14.3% compared to the same quarter last year.
Institutional Trading of Weatherford International
A number of hedge funds have recently added to or reduced their stakes in the business. Xponance Inc. grew its holdings in Weatherford International by 1.0% in the 4th quarter. Xponance Inc. now owns 17,072 shares of the company’s stock valued at $1,223,000 after buying an additional 167 shares during the period. Treasurer of the State of North Carolina boosted its position in shares of Weatherford International by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 31,730 shares of the company’s stock worth $2,273,000 after acquiring an additional 200 shares during the last quarter. Covestor Ltd grew its holdings in Weatherford International by 30.1% in the fourth quarter. Covestor Ltd now owns 926 shares of the company’s stock valued at $66,000 after purchasing an additional 214 shares during the period. Gradient Investments LLC grew its holdings in Weatherford International by 1.4% in the first quarter. Gradient Investments LLC now owns 16,080 shares of the company’s stock valued at $861,000 after purchasing an additional 228 shares during the period. Finally, GAMMA Investing LLC increased its position in Weatherford International by 55.8% during the first quarter. GAMMA Investing LLC now owns 645 shares of the company’s stock worth $35,000 after purchasing an additional 231 shares during the last quarter. 97.23% of the stock is owned by institutional investors and hedge funds.
Weatherford International Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 6th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, August 6th. This represents a $1.00 annualized dividend and a yield of 1.71%. Weatherford International’s payout ratio is currently 15.48%.
About Weatherford International
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.
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