Weatherford International plc (NASDAQ:WFRD)’s traded shares stood at 2.02 million during the last session, with the company’s beta value hitting 1.59. At the close of trading, the stock’s price was $41.40, to imply a decrease of -5.05% or -$2.2 in intraday trading. The WFRD share’s 52-week high remains $135.00, putting it -226.09% down since that peak but still an impressive 11.26% since price per share fell to its 52-week low of $36.74. The company has a valuation of $3.00B, with an average of 2.11 million shares in intraday trading volume over the past 10 days and average of 1.65 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Weatherford International plc (WFRD), translating to a mean rating of 1.89. Of 8 analyst(s) looking at the stock, 0 analyst(s) give WFRD a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.98.
Weatherford International plc (NASDAQ:WFRD) trade information
After registering a -5.05% downside in the last session, Weatherford International plc (WFRD) has traded red over the past five days. The 5-day price performance for the stock is -0.81%, and -22.69% over 30 days. With these gigs, the year-to-date price performance is -42.20%. Short interest in Weatherford International plc (NASDAQ:WFRD) saw shorts transact 3.08 million shares and set a 1.72 days time to cover.
The extremes give us $87 and $87 for target low and target high price respectively. As such, WFRD has been trading -110.14% off suggested target high and -110.14% from its likely low.
Weatherford International plc (WFRD) estimates and forecasts
The rating firms project that company’s revenue will shrink -10.31% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 1.22B. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 1.26B.Earnings reports from the last fiscal year show that sales brought in 1.41B and 1.41B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -13.48% before dropping -10.68% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -33.50% for the past 5-year period. While 2025 is set for a -22.66% return in earnings, projections for the next 5 years are at 0.45% annually.
WFRD Dividends
Weatherford International plc has its next earnings report out on 2025-Apr-21. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Weatherford International plc has a forward dividend ratio of 0.75, with the share yield ticking at 1.81% to continue the rising pattern observed over the past year.
Weatherford International plc (NASDAQ:WFRD)’s Major holders
Weatherford International plc insiders hold 2.09% of total outstanding shares, with institutional holders owning 101.15% of the shares at 103.31% float percentage. In total, 101.15% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 7.42 million shares (or 10.1382% of shares), all amounting to roughly $908.72 million.
The next major institution holding the largest number of shares is PRICE T ROWE ASSOCIATES INC /MD/ with 7.38 million shares, or about 10.0826% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $903.74 million.
We also have SMALLCAP WORLD FUND INC and T. Rowe Price New Horizons Fund, Inc. as the top two Mutual Funds with the largest holdings of the Weatherford International plc (WFRD) shares. Going by data provided on Mar 31, 2025 , SMALLCAP WORLD FUND INC holds roughly 3.92 shares. This is just over 5.44% of the total shares, with a market valuation of $162.36 million. Data from the same date shows that the other fund manager holds a little less at 2.99, or 4.15% of the shares, all valued at about 123.75 million.
