Weatherford International plc (NYSE:WFT) Closed last trading session at $5.77

Why Did Weatherford’s 4Q16 Earnings Beat Estimates

Earnings Reaction History of Weatherford International plc (NYSE:WFT)

This rating was issued on 1/27/17. There may be various price targets for a stock. Barclays PLC reiterated an "equal weight" rating and issued a $7.00 target price (down previously from $8.00) on shares of Weatherford International PLC in a report on Monday, January 9th. According to the SEC, on May 10, 2016, Francis S Kalman (director) purchased 30,000 shares at $5.29 per share price. The company now has an average rating of "Buy" and an average price target of $7.90. On 7th Day after earnings release, Weatherford International plc (NYSE:WFT) dropped to -5.06% from $5.73 to $5.44.

Weatherford International plc (NYSE:WFT) traded with the volume of 74.79 Million in the previous trading session. The Stock has a 52-Week High of $8.49 and 52-Week Low of $3.73 following the dates, it touched its 52-Week High on April 27, 2016 and 52-Week Low on Nov 8, 2016.

Weatherford International plc (NYSE:WFT) will report its next earnings on 2-Feb-17. While to figure out more clear vision, firm's returns on investment calculated as -11.90%; it gives answer about efficiency of different investments in different securities.

Yesterday Weatherford reported a net loss for the fourth quarter of US$549 million, compared to a loss of US$1.78 billion for the third quarter and a US$1.21-billion loss in the fourth quarter of 2015. The companys revenue was down -39.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.05 EPS. These analysts have also projected a Low Estimate of $-0.39/share and a High Estimate of $-0.24/share.

Given its history, the average earnings announcement surprise was -8.95 percent over the past four quarters. The stock's market cap is $4.67 billion. The technical rating goes from one, the weakest upside technical, to five, the highest upside technical and focuses on the real-time stock price relative to various moving averages as well as moving averages relative to each other. Weatherford International Plc (NYSE:WFT) marked 52-week highest price level of $8.49 on 04/27/16 and 52-week lowest price level of $3.73 on 11/08/16. The analyst recommendations from a month ago are 1 Buy, 0 Overweight, 17 Sell, 5 Hold and 2 Underweight.

The stock increased 0.58% or $0.03 during the last trading session, hitting $5.21. The Moving Average SMA50 is 9.94% while SMA200 is 1.47%. Baird Financial Group Inc. boosted its stake in shares of Weatherford International PLC by 35.8% in the second quarter. The Return on Assets stands at -28.9%, Return on Equity shows -105.6% and Return on Investment value is -11.9%. Therefore, the stated figure displays a quarterly performance of 7.47% and year to date performance of 3.81%. The performance for month is 3.81% and the performance for half year is -2.45%.

The buoyancy in the outlook of Weatherford International plc (WFT) is getting weaker by the somewhat negative sentiment (2.10 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Overweight. The Average Volume (3 months) is 26.38 Million. ATR can display volatility of stocks, ETFs and indexes. WFT has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 12.86 and Price to Free Cash Flow (P/FCF) value of 0.

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