Analysts' ratings for Weatherford International WFRD over the last quarter vary from bullish to bearish, as provided by 9 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 4 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 2 | 0 | 0 | 0 |
3M Ago | 2 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Weatherford International, revealing an average target of $132.0, a high estimate of $155.00, and a low estimate of $105.00. Experiencing a 9.66% decline, the current average is now lower than the previous average price target of $146.11.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Weatherford International among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below 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 |
---|---|---|---|---|---|
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 |
David Anderson | Barclays | Lowers | Overweight | $147.00 | $154.00 |
James West | Evercore ISI Group | Lowers | Outperform | $142.00 | $149.00 |
Kurt Hallead | Benchmark | Maintains | Buy | $155.00 | $155.00 |
David Anderson | Barclays | Lowers | Overweight | $154.00 | $165.00 |
Saurabh Pant | B of A Securities | Lowers | Buy | $130.00 | $145.00 |
Scott Gruber | Citigroup | Lowers | Buy | $130.00 | $155.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Weatherford International. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Weatherford International compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Weatherford International's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Weatherford International's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Weatherford International analyst ratings.
About 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's Economic Impact: An Analysis
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 competitors, the company surpassed expectations with a growth rate higher than the average among peers in the 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): Weatherford International's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.01%, the company showcases efficient use of assets and strong financial health.
Debt Management: Weatherford International's debt-to-equity ratio is below the industry average. With a ratio of 1.35, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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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