Market Recap: Weatherford International plc (WFRD)’s Negative Momentum, Closing at 51.89

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The closing price of Weatherford International plc (NASDAQ: WFRD) was $51.89 for the day, down -3.41% from the previous closing price of $53.72. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 1.03 million shares were traded. WFRD stock price reached its highest trading level at $54.47 during the session, while it also had its lowest trading level at $51.41.

Ratios:

Our analysis of WFRD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.34.

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 this company, Piper Sandler on December 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $87.

On December 13, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $132 to $98.

On May 14, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $155.Citigroup initiated its Buy rating on May 14, 2024, with a $155 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 07 ’25 when Sandhu Depinder sold 14,000 shares for $66.41 per share. The transaction valued at 929,740 led to the insider holds 8,892 shares of the business.

Mitra Arunava sold 10,000 shares of WFRD for $675,712 on Feb 07 ’25. The EVP and CFO now owns 21,072 shares after completing the transaction at $67.57 per share. On Feb 07 ’25, another insider, Mills Desmond J, who serves as the SVP & Chief Accounting Officer of the company, sold 19,425 shares for $67.51 each. As a result, the insider received 1,311,469 and left with 17,899 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 3779999744 and an Enterprise Value of 4649998336. As of this moment, Weatherford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.69, and their Forward P/E ratio for the next fiscal year is 7.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 2.91. Its current Enterprise Value per Revenue stands at 0.843 whereas that against EBITDA is 3.63.

Stock Price History:

The Beta on a monthly basis for WFRD is 1.15, which has changed by -0.5404304 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, WFRD has reached a high of $135.00, while it has fallen to a 52-week low of $51.24. The 50-Day Moving Average of the stock is -21.37%, while the 200-Day Moving Average is calculated to be -42.65%.

Shares Statistics:

WFRD traded an average of 1.22M shares per day over the past three months and 1360090 shares per day over the past ten days. A total of 72.10M shares are outstanding, with a floating share count of 71.29M. Insiders hold about 2.13% of the company’s shares, while institutions hold 100.51% stake in the company. Shares short for WFRD as of 1740700800 were 2708362 with a Short Ratio of 2.21, compared to 1738281600 on 2534618. Therefore, it implies a Short% of Shares Outstanding of 2708362 and a Short% of Float of 4.9000002.

Dividends & Splits

With its trailing 12-month dividend rate of 0.5, WFRD has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 0.00930752

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