Analysts await Weatherford International Plc (NYSE:WFT) to report earnings on October, 31 after the close. As of September 29th, there was short interest totalling 122,801,415 shares, a decrease of 15.5% from the September 15th total of 145,282,828 shares. Tightening the gaze, stock performance for the last 5 trading days is -7.27%.
In related news, VP Douglas M. Mills sold 17,500 shares of the firm's stock in a transaction on Friday, September 15th. Narrowing in, the stock is at a distance of -24.58% from the 50 day high and -2.06% off of the 50 day low. The stock of Weatherford International Plc (NYSE:WFT) earned "Equal-Weight" rating by Stephens on Thursday, December 3.
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $3.85B. The consensus mean EPS for the current quarter is at $-0.24 derived from a total of 31 estimates from the analysts who have weighed in on projected earnings. The oil and gas company reported ($0.28) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.28). Weatherford International PLC had a negative return on equity of 65.33% and a negative net margin of 53.49%.
Weatherford International Ltd (NYSE:WFT)'s revenue estimates for the current quarter are $1.48 Billion according to 25 number of analysts, for the current quarter the company has high revenue estimates of $1.52 Billion in contradiction of low revenue estimates of $1.35 Billion. Equities analysts predict that Weatherford International PLC will post ($1.05) EPS for the current year. The business's revenue for the quarter was down 2.8% on a year-over-year basis.
Analysts expect Evotec AG (ADR) (OTCMKTS:EVTCY) to report $0.12 EPS on November, 9.They anticipate $0.03 EPS change or 20.00% from last quarter's $0.15 EPS. Jefferies downgraded the shares of SAP in report on Monday, June 13 to "Underperform" rating. Royal Bank Of Canada set a $8.00 target price on shares of Weatherford International PLC and gave the company a "buy" rating in a report on Saturday, June 24th. Wedge Capital Management L L P NC now owns 29,156,413 shares of the oil and gas company's stock worth $112,835,000 after purchasing an additional 12,194,205 shares during the last quarter. Howard Weil maintained Weatherford International Plc (NYSE:WFT) rating on Thursday, October 27. It is down 2.15% since October 19, 2016 and is uptrending. On Friday, May 6 the stock rating was downgraded by Wells Fargo to "Market Perform".
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. US Bancorp DE raised its holdings in shares of Weatherford International PLC by 181.1% in the 1st quarter. Closing price generally refers to the last price at which a stock trades during a regular trading session. Finally, Hotchkis & Wiley Capital Management LLC lifted its position in shares of Weatherford International PLC by 59.5% in the second quarter.
Session activity on Weatherford International plc (NYSE:WFT) shares bumps the stock on today's most active list. Renaissance Technologies LLC acquired a new stake in Weatherford International PLC in the 1st quarter worth $42,887,000. These ratios are important while doing valuation of the company or the shares of the company.
Arga Investment Management Lp decreased its stake in Weatherford Intl Plc (WFT) by 64.77% based on its latest 2017Q2 regulatory filing with the SEC. Weatherford International Ltd. had 92 analyst reports since July 24, 2015 according to SRatingsIntel. The Company operates four segments: North America, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia.