Weatherford International (NASDAQ:WFRD – Get Free Report) and Innovex International (NYSE:INVX – Get Free Report) are both oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, earnings, risk, institutional ownership, dividends and valuation.
Risk and Volatility
Weatherford International has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, Innovex International has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500.
Valuation and Earnings
This table compares Weatherford International and Innovex International”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Weatherford International | $5.53 billion | 0.88 | $417.00 million | $7.12 | 9.42 |
Innovex International | $550.34 million | 1.53 | $600,000.00 | $1.41 | 8.89 |
Insider & Institutional Ownership
97.2% of Weatherford International shares are owned by institutional investors. 1.6% of Weatherford International shares are owned by company insiders. Comparatively, 3.1% of Innovex International shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Weatherford International and Innovex International’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Weatherford International | 9.65% | 46.25% | 10.44% |
Innovex International | 12.31% | -0.73% | -0.61% |
Analyst Ratings
This is a summary of current ratings for Weatherford International and Innovex International, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Weatherford International | 0 | 2 | 5 | 1 | 2.88 |
Innovex International | 1 | 0 | 0 | 0 | 1.00 |
Weatherford International currently has a consensus price target of $121.25, indicating a potential upside of 80.70%. Innovex International has a consensus price target of $15.00, indicating a potential upside of 19.62%. Given Weatherford International’s stronger consensus rating and higher possible upside, equities analysts clearly believe Weatherford International is more favorable than Innovex International.
Summary
Weatherford International beats Innovex International on 11 of the 15 factors compared between the two stocks.
About Weatherford International
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and software, automation and flow measurement solutions. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open-hole and cased-hole logging services; and intervention and remediation services. Further, it provides tubular handling, management, and connection services; and re-entry, fishing, and well abandonment services, as well as patented bottom hole, tubular-handling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.
About Innovex International
Innovex Downhole Solutions Inc. designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc., formerly known as Dril-Quip, is based in HOUSTON.
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