Capital One Financial Weighs in on WFRD Q1 Earnings

Weatherford International PLC (NASDAQ:WFRD) – Equities researchers at Capital One Financial issued their Q1 2027 EPS estimates for shares of Weatherford International in a research note issued on Friday, September 5th. Capital One Financial analyst D. Becker forecasts that the company will post earnings per share of $1.17 for the quarter. The consensus estimate for Weatherford International’s current full-year earnings is $5.89 per share. Capital One Financial also issued estimates for Weatherford International’s Q2 2027 earnings at $1.53 EPS.

Weatherford International (NASDAQ:WFRD) last posted its earnings results on Tuesday, July 22nd. The company reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.90. Weatherford International had a net margin of 9.35% and a return on equity of 34.87%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the business posted $1.66 EPS. Weatherford International’s revenue was down 14.3% compared to the same quarter last year.

WFRD has been the topic of a number of other reports. Melius Research started coverage on shares of Weatherford International in a research note on Wednesday, August 20th. They issued a “buy” rating and a $108.00 target price on the stock. Piper Sandler upgraded shares of Weatherford International from a “neutral” rating to an “overweight” rating and raised their target price for the company from $62.00 to $73.00 in a research note on Monday, July 28th. Raymond James Financial reiterated an “outperform” rating and issued a $70.00 target price (up from $69.00) on shares of Weatherford International in a research note on Thursday, July 24th. Melius started coverage on shares of Weatherford International in a report on Wednesday, August 20th. They issued a “buy” rating and a $108.00 price target for the company. Finally, Barclays reduced their price target on shares of Weatherford International from $77.00 to $73.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Weatherford International has an average rating of “Moderate Buy” and a consensus target price of $99.70.

Weatherford International Stock Performance

NASDAQ:WFRD opened at $61.92 on Monday. Weatherford International has a 1 year low of $36.74 and a 1 year high of $98.21. The firm’s fifty day simple moving average is $57.73 and its 200 day simple moving average is $52.05. The company has a current ratio of 2.21, a quick ratio of 1.63 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $4.45 billion, a PE ratio of 9.59, a PEG ratio of 1.69 and a beta of 0.78.

Hedge Funds Weigh In On Weatherford International

A number of hedge funds and other institutional investors have recently made changes to their positions in WFRD. BNP Paribas Financial Markets bought a new position in shares of Weatherford International during the 4th quarter worth about $3,028,000. Deutsche Bank AG lifted its holdings in shares of Weatherford International by 2,351.2% during the 4th quarter. Deutsche Bank AG now owns 130,576 shares of the company’s stock worth $9,353,000 after acquiring an additional 125,249 shares during the period. Ethic Inc. lifted its holdings in shares of Weatherford International by 112.2% during the 4th quarter. Ethic Inc. now owns 10,618 shares of the company’s stock worth $761,000 after acquiring an additional 5,615 shares during the period. Gotham Asset Management LLC lifted its holdings in shares of Weatherford International by 67.0% during the 4th quarter. Gotham Asset Management LLC now owns 103,132 shares of the company’s stock worth $7,387,000 after acquiring an additional 41,361 shares during the period. Finally, Jefferies Financial Group Inc. bought a new position in shares of Weatherford International during the 4th quarter worth about $1,077,000. 97.23% of the stock is owned by institutional investors.

Weatherford International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Wednesday, August 6th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, August 6th. This represents a $1.00 dividend on an annualized basis and a yield of 1.6%. Weatherford International’s dividend payout ratio is 15.48%.

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.