Equities Analysts Offer Predictions for WFRD Q2 Earnings

Weatherford International plc (NASDAQ:WFRD - Free Report) - Capital One Financial lowered their Q2 2025 EPS estimates for shares of Weatherford International in a note issued to investors on Wednesday, April 23rd. Capital One Financial analyst D. Becker now forecasts that the company will post earnings per share of $1.04 for the quarter, down from their previous forecast of $1.24. The consensus estimate for Weatherford International's current full-year earnings is $5.89 per share.

Several other equities research analysts also recently commented on the stock. Piper Sandler cut their target price on shares of Weatherford International from $80.00 to $62.00 and set a "neutral" rating on the stock in a research report on Thursday. Barclays dropped 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. Benchmark dropped their price target on shares of Weatherford International from $140.00 to $125.00 and set a "buy" rating on the stock in a research report on Friday, February 7th. Finally, Raymond James downgraded shares of Weatherford International from a "strong-buy" rating to an "outperform" rating and dropped their price target for the stock from $73.00 to $69.00 in a research report on Thursday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $99.75.

Weatherford International Trading Down 1.5 %

NASDAQ:WFRD traded down $0.62 during mid-day trading on Friday, hitting $42.12. 1,662,309 shares of the company's stock were exchanged, compared to its average volume of 1,116,451. The company has a 50 day simple moving average of $51.64 and a 200-day simple moving average of $67.80. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 1.26. Weatherford International has a fifty-two week low of $36.74 and a fifty-two week high of $135.00. The firm has a market capitalization of $3.07 billion, a P/E ratio of 6.27, a PEG ratio of 1.65 and a beta of 0.70.

Weatherford International (NASDAQ:WFRD - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.89 by $0.14. Weatherford International had a net margin of 9.18% and a return on equity of 40.65%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.21 billion.

Institutional Investors Weigh In On Weatherford International

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Weatherford International by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 7,702,911 shares of the company's stock worth $551,760,000 after purchasing an additional 270,775 shares during the period. Capital Research Global Investors raised its holdings in shares of Weatherford International by 295.9% in the 4th quarter. Capital Research Global Investors now owns 5,945,755 shares of the company's stock worth $425,894,000 after purchasing an additional 4,443,823 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in shares of Weatherford International by 7.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,402,833 shares of the company's stock worth $315,375,000 after purchasing an additional 298,811 shares during the period. FMR LLC raised its holdings in shares of Weatherford International by 1.8% in the 4th quarter. FMR LLC now owns 3,638,934 shares of the company's stock worth $260,657,000 after purchasing an additional 65,931 shares during the period. Finally, Boston Partners raised its holdings in shares of Weatherford International by 5.5% in the 4th quarter. Boston Partners now owns 2,777,128 shares of the company's stock worth $198,877,000 after purchasing an additional 144,396 shares during the period. Institutional investors own 97.23% of the company's stock.

Insider Activity at Weatherford International

In other Weatherford International news, CFO Arunava Mitra sold 10,000 shares of the company's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $67.57, for a total transaction of $675,700.00. Following the transaction, the chief financial officer now owns 21,072 shares in the company, valued at approximately $1,423,835.04. This represents a 32.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Scott C. Weatherholt sold 44,505 shares of Weatherford International stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $66.17, for a total value of $2,944,895.85. Following the transaction, the executive vice president now owns 125,019 shares of the company's stock, valued at $8,272,507.23. This trade represents a 26.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 87,930 shares of company stock worth $5,861,718 in the last quarter. Company insiders own 1.60% of the company's stock.

Weatherford International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Tuesday, May 6th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, May 6th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.37%. Weatherford International's payout ratio is presently 16.00%.

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.