An Evaluation Of Weatherford International plc (NASDAQ: WFRD) Prospects

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Weatherford Announces First-Quarter 2024 Conference Call.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Weatherford International plc is listed on the NASDAQ as a member of the Energy sector and is a part of the Oil & Gas Equipment & Services industry. At the end of the last regular session, the stock closed at $117.00 and fluctuated between $117.56 as its day high and $115.24 as its day low. The current market capitalization of Weatherford International plc is $8.46B. A total of 0.51 million shares were traded on the day, compared to an average of 839.86K shares.

In the most recent transaction, Saligram Girish sold 60,000 shares of WFRD for 103.57 per share on Feb 21 ’24. After the transaction, the President and CEO now owns 146,895 company shares. In a previous transaction on Feb 15 ’24, Sandhu Depinder sold 4,717 shares at 100.96 per share. WFRD shares that EVP, Global Product Lines owns now total 2,536.

Among the insiders who sold shares, Mutschler Jacqueline C disposed of 3,000 shares on Feb 15 ’24 at a per-share price of $99.45. This resulted in the Director holding 28,801 shares of WFRD after the transaction. In another insider transaction, Reed David John sold 2,700 shares at $97.50 per share on Feb 15 ’24. Company shares held by the EVP, Chief Commercial Officer now total 6,805.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, WFRD has a high of $117.50 and a low of $51.90.

As of this writing, WFRD has an earnings estimate of $1.44 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.63 per share and a lower estimate of $1.37. The company reported an EPS of $1.66 in the last quarter, which was 36.10% higher than expectations of $1.22.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. WFRD’s latest balance sheet shows that the firm has $951.00M in Cash & Short Term Investments as of fiscal 2021. There were $2.62B in debt and $1.33B in liabilities at the time. Its Book Value Per Share was $12.83, while its Total Shareholder’s Equity was $496.00M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WFRD is Buy with a score of 5.00.

Most Popular

Related Posts