Weatherford International WFRD has been analyzed by 4 analysts in the last three months, revealing a diverse range 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 | 2 | 2 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Weatherford International, presenting an average target of $151.25, a high estimate of $180.00, and a low estimate of $135.00. Marking an increase of 20.68%, the current average surpasses the previous average price target of $125.33.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive Weatherford International is derived from recent analyst actions. The following is a detailed summary of 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 | Raises | Buy | $135.00 | $123.00 |
Luke Lemoine | Piper Sandler | Raises | Overweight | $180.00 | $138.00 |
Chris Kuhn | Benchmark | Raises | Buy | $155.00 | $115.00 |
David Anderson | Barclays | Announces | Overweight | $135.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Weatherford International. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey 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.
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.
Unveiling the Story Behind Weatherford International
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.
Weatherford International: Delving into Financials
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Weatherford International displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 12.66%. This indicates a notable increase in the company's 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 10.28%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 16.81%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Weatherford International's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.81% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Weatherford International's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.23, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
What Are Analyst Ratings?
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 also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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