Beyond The Numbers: 6 Analysts Discuss Weatherford International Stock

Across the recent three months, 6 analysts have shared their insights on Weatherford International (NASDAQ:WFRD), expressing a variety of opinions spanning from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 1 0 0 0
Last 30D 2 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 2 1 0 0 0
3M Ago 1 0 0 0 0

Analysts have recently evaluated Weatherford International and provided 12-month price targets. The average target is $107.83, accompanied by a high estimate of $125.00 and a low estimate of $95.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 13.62%.

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive Weatherford International. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Kurt Hallead Benchmark Lowers Buy $125.00 $140.00
James Rollyson Raymond James Lowers Strong Buy $97.00 $107.00
Scott Gruber Citigroup Lowers Buy $95.00 $110.00
David Anderson Barclays Lowers Overweight $105.00 $147.00
Scott Gruber Citigroup Lowers Buy $110.00 $115.00
Scott Gruber Citigroup Lowers Buy $115.00 $130.00

Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Weatherford International. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Weatherford International compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Weatherford International's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Weatherford International's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Weatherford International analyst ratings.

All You Need to Know About Weatherford International

Weatherford International provides diversified oilfield services across international markets for an array of oilfield types. The firm is aglobal marketleader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International: A Financial Overview

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Weatherford International showcased positive performance, achieving a revenue growth rate of 7.31% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.

Net Margin: Weatherford International's net margin is impressive, surpassing industry averages. With a net margin of 11.0%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Weatherford International's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.05% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 3.01%, the company showcases effective utilization of assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.35.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Latest Ratings for WFRD

DateFirmActionFromTo
Nov 2021BenchmarkInitiates Coverage OnBuy
Jun 2021Piper SandlerInitiates Coverage OnOverweight

View More Analyst Ratings for WFRD

View the Latest Analyst Ratings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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