In the preceding three months, 5 analysts have released ratings for Weatherford International (NASDAQ:WFRD), presenting a wide array of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 2 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Weatherford International, presenting an average target of $147.6, a high estimate of $165.00, and a low estimate of $130.00. A decline of 4.9% from the prior average price target is evident in the current average.
The analysis of recent analyst actions sheds light on the perception of Weatherford International by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Saurabh Pant | B of A Securities | Lowers | Buy | $130.00 | $145.00 |
Scott Gruber | Citigroup | Lowers | Buy | $130.00 | $155.00 |
James Rollyson | Raymond James | Lowers | Strong Buy | $158.00 | $161.00 |
David Anderson | Barclays | Raises | Overweight | $165.00 | $160.00 |
Kurt Hallead | Benchmark | Maintains | Buy | $155.00 | $155.00 |
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Weatherford International's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Weatherford International analyst ratings.
Weatherford International provides diversified oilfield services across international markets for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.
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.
Positive Revenue Trend: Examining Weatherford International's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.28% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Weatherford International's net margin excels beyond industry benchmarks, reaching 8.9%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Weatherford International's ROE stands out, surpassing industry averages. With an impressive ROE of 10.78%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Weatherford International's ROA excels beyond industry benchmarks, reaching 2.45%. This signifies efficient management of assets and strong financial health.
Debt Management: Weatherford International's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.48.
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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