Weatherford International Plc Stock Z Score
WFRD Stock | USD 115.42 1.07 0.92% |
Weatherford | Z Score |
Weatherford Z Score Analysis
Weatherford International's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
More About Z Score | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.6B | 4.3B | 5.1B | 4.9B | Depreciation And Amortization | 440M | 349M | 327M | 467.0M |
Z Score | = | Sum Of | | 5 Factors |
Current Weatherford International Z Score | 3.81 |
Most of Weatherford International's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Weatherford International PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Weatherford Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Weatherford International is extremely important. It helps to project a fair market value of Weatherford Stock properly, considering its historical fundamentals such as Z Score. Since Weatherford International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Weatherford International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Weatherford International's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
As per the company's disclosures, Weatherford International PLC has a Z Score of 3.81. This is 70.85% higher than that of the Energy Equipment & Services sector and 124.12% higher than that of the Energy industry. The z score for all United States stocks is 56.31% higher than that of the company.
Weatherford Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Weatherford International's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Weatherford International could also be used in its relative valuation, which is a method of valuing Weatherford International by comparing valuation metrics of similar companies.Weatherford International is currently under evaluation in z score category among related companies.
Weatherford International Institutional Holders
Institutional Holdings refers to the ownership stake in Weatherford International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Weatherford International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Weatherford International's value.Shares | Jennison Associates Llc | 2023-12-31 | 1.3 M | Loomis, Sayles & Company Lp | 2023-12-31 | 1.3 M | American Century Companies Inc | 2023-12-31 | 1.2 M | Capital World Investors | 2023-12-31 | 1.2 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.1 M | Van Eck Associates Corporation | 2023-12-31 | 1.1 M | Norges Bank | 2023-12-31 | 917.5 K | Northern Trust Corp | 2023-12-31 | 876.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 857.3 K | Blackrock Inc | 2023-12-31 | 8.9 M | Vanguard Group Inc | 2023-12-31 | 7.5 M |
Weatherford Fundamentals
Return On Equity | 0.61 | ||||
Return On Asset | 0.1 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.16 % | ||||
Current Valuation | 9.6 B | ||||
Shares Outstanding | 72.32 M | ||||
Shares Owned By Insiders | 2.06 % | ||||
Shares Owned By Institutions | 97.94 % | ||||
Number Of Shares Shorted | 3.11 M | ||||
Price To Book | 9.20 X | ||||
Price To Sales | 1.64 X | ||||
Revenue | 5.13 B | ||||
Gross Profit | 1.31 B | ||||
EBITDA | 820 M | ||||
Net Income | 449 M | ||||
Cash And Equivalents | 933 M | ||||
Cash Per Share | 13.14 X | ||||
Total Debt | 2.06 B | ||||
Debt To Equity | 5.04 % | ||||
Current Ratio | 3.60 X | ||||
Book Value Per Share | 12.83 X | ||||
Cash Flow From Operations | 832 M | ||||
Short Ratio | 2.91 X | ||||
Earnings Per Share | 5.66 X | ||||
Price To Earnings To Growth | 2.61 X | ||||
Target Price | 127.63 | ||||
Number Of Employees | 18.5 K | ||||
Beta | 1.87 | ||||
Market Capitalization | 8.42 B | ||||
Total Asset | 5.07 B | ||||
Retained Earnings | (1.95 B) | ||||
Working Capital | 1.48 B | ||||
Z Score | 3.81 | ||||
Net Asset | 5.07 B |
About Weatherford International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Weatherford International PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Weatherford International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Weatherford International PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 was incorporated in 1972 and is based in Houston, Texas. Weatherford International operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 17500 people.
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Check out Weatherford International Piotroski F Score and Weatherford International Valuation analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Weatherford International's price analysis, check to measure Weatherford International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Weatherford International is operating at the current time. Most of Weatherford International's value examination focuses on studying past and present price action to predict the probability of Weatherford International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weatherford International's price. Additionally, you may evaluate how the addition of Weatherford International to your portfolios can decrease your overall portfolio volatility.
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Is Weatherford International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weatherford International. If investors know Weatherford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weatherford International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.925 | Earnings Share 5.66 | Revenue Per Share 71.319 | Quarterly Revenue Growth 0.127 | Return On Assets 0.1047 |
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.