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After finishing at $71.62 in the prior trading day, Weatherford International plc (NASDAQ: WFRD) closed at $69.86, down -2.46%. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 0.97 million shares were traded. WFRD stock price reached its highest trading level at $73.66 during the session, while it also had its lowest trading level at $69.3.
Ratios:
Our goal is to gain a better understanding of WFRD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on December 13, 2024, Downgraded its rating to Neutral and sets its target price to $98 from $132 previously.
On May 14, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $155.
On February 28, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $135.Barclays initiated its Overweight rating on February 28, 2024, with a $135 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 25 ’24 when Mills Desmond J sold 6,531 shares for $79.86 per share. The transaction valued at 521,566 led to the insider holds 11,680 shares of the business.
Mills Desmond J bought 6,531 shares of WFRD for $521,566 on Oct 25 ’24. On Sep 05 ’24, another insider, Reed David John, who serves as the EVP, Chief Commercial Officer of the company, sold 6,805 shares for $93.96 each. As a result, the insider received 639,390 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WFRD now has a Market Capitalization of 5075468800 and an Enterprise Value of 5982468608. As of this moment, Weatherford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.79, and their Forward P/E ratio for the next fiscal year is 9.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 3.78. Its current Enterprise Value per Revenue stands at 1.081 whereas that against EBITDA is 4.605.
Stock Price History:
Over the past 52 weeks, WFRD has reached a high of $135.00, while it has fallen to a 52-week low of $71.13. The 50-Day Moving Average of the stock is -16.04%, while the 200-Day Moving Average is calculated to be -33.62%.
Shares Statistics:
The stock has traded on average 983.33K shares per day over the past 3-months and 781250 shares per day over the last 10 days, according to various share statistics. A total of 72.70M shares are outstanding, with a floating share count of 71.52M. Insiders hold about 1.56% of the company’s shares, while institutions hold 95.67% stake in the company. Shares short for WFRD as of 1732838400 were 2231755 with a Short Ratio of 2.27, compared to 1730332800 on 2099427. Therefore, it implies a Short% of Shares Outstanding of 2231755 and a Short% of Float of 4.05.
Dividends & Splits
In the trailing 12 months, WFRD’s forward annual dividend rate was 0.25, compared to 0.50 this year. Against a Trailing Annual Dividend Yield of 0.003490645
