Weatherford International Plc Stock Today
| WFRD Stock | USD 115.56 2.11 1.79% |
Performance11 of 100
| Odds Of DistressLess than 4
|
Weatherford International is trading at 115.56 as of the 15th of April 2024, a -1.79 percent decrease since the beginning of the trading day. The stock's lowest day price was 114.86. Weatherford International has only four percent chance of going through some form of financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Weatherford International PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 2nd of June 2021 |
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. The company has 72.32 M outstanding shares of which 2.78 M shares are at this time shorted by private and institutional investors with about 3.97 trading days to cover. More on Weatherford International PLC
Moving together with Weatherford Stock
| 0.91 | NR | Newpark Resources Financial Report 7th of May 2024 | PairCorr |
| 0.94 | TS | Tenaris SA ADR | PairCorr |
| 0.82 | EFXT | Enerflex Financial Report 1st of May 2024 | PairCorr |
Weatherford Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Weatherford International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Weatherford International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Girishchandra Saligram | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Machinery (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Equipment & Services, Energy, PHLX Oil Service, NASDAQ Composite, SP Midcap 400, Machinery, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Weatherford International report their recommendations after researching Weatherford International's financial statements, talking to executives and customers, or listening in on Weatherford International's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Weatherford International. The Weatherford consensus assessment is calculated by taking the average forecast from all of the analysts covering Weatherford International. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Weatherford International's profitability, liquidity, and operating efficiency, Weatherford International PLC is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Weatherford International is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Weatherford International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Weatherford International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Weatherford International's financial leverage. It provides some insight into what part of Weatherford International's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Weatherford International PLC (WFRD) is traded on NASDAQ Exchange in USA. It is located in 2000 St. James Place, Houston, TX, United States, 77056 and employs 18,500 people. Weatherford International is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Weatherford International's market, we take the total number of its shares issued and multiply it by Weatherford International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Weatherford International conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 72.32 M outstanding shares of which 2.78 M shares are at this time shorted by private and institutional investors with about 3.97 trading days to cover.
Weatherford International PLC currently holds about 933 M in cash with 832 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.14.
Check Weatherford International Probability Of Bankruptcy
Ownership AllocationWeatherford International owns a total of 72.32 Million outstanding shares. The majority of Weatherford International outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Weatherford International to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Weatherford International PLC. Please pay attention to any change in the institutional holdings of Weatherford International as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Weatherford Ownership Details
Weatherford Stock Price Odds Analysis
What are Weatherford International's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Weatherford International jumping above the current price in 90 days from now is about 17.89%. The Weatherford International PLC probability density function shows the probability of Weatherford International stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Weatherford International has a beta of 0.8178. This entails as returns on the market go up, Weatherford International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Weatherford International PLC will be expected to be much smaller as well. Additionally, weatherford International PLC has an alpha of 0.3515, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Weatherford International to move above the current price in 90 days from now is about 17.89 (This Weatherford International PLC probability density function shows the probability of Weatherford Stock to fall within a particular range of prices over 90 days) .
Weatherford Stock 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.| Instituion | Recorded On | 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 International Historical Income Statement
Weatherford International PLC Income Statement is one of the three primary financial statements used for reporting Weatherford's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Weatherford International revenue and expense. Weatherford International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Weatherford International's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 861 M, whereas Gross Profit is forecasted to decline to about 1.4 B. View More FundamentalsWeatherford Stock Against Markets
Picking the right benchmark for Weatherford International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Weatherford International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Weatherford International is critical whether you are bullish or bearish towards Weatherford International PLC at a given time. Please also check how Weatherford International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Weatherford International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Correlation Analysis Now
Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated |
| All Next | Launch Module |
Weatherford International Corporate Management
Elected by the shareholders, the Weatherford International's board of directors comprises two types of representatives: Weatherford International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Weatherford. The board's role is to monitor Weatherford International's management team and ensure that shareholders' interests are well served. Weatherford International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Weatherford International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott Weatherholt | General VP | Profile | |
| David Reed | Executive Officer | Profile | |
| Desmond Mills | Senior Officer | Profile | |
| Sebastian Pellizzer | Director Relations | Profile | |
| Kelley Hughes | Director Communications | Profile | |
| Bernard DurocDanner | Chairman Advisor | Profile |
How to buy Weatherford Stock?
Before investing in Weatherford International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Weatherford International. To buy Weatherford International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Weatherford International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Weatherford International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Weatherford International PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Weatherford International PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Weatherford International PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Weatherford Stock please use our How to Invest in Weatherford International guide.
Already Invested in Weatherford International PLC?
The danger of trading Weatherford International PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Weatherford International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Weatherford International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Weatherford International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Weatherford International is a strong investment it is important to analyze Weatherford International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Weatherford International's future performance. For an informed investment choice regarding Weatherford Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Weatherford Stock analysis
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.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
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.