Economy

Securities Analyst Recommendations: Weatherford International plc (WFT), Keysight Technologies, Inc. (KEYS)

Weatherford International plc (NYSE:WFT) gross margin percentage stands at 11.6% while its operating margin for the past trailing twelve month is -30.2 percent and its overall profit margin (ttm) is -53.5 Percent. As per Friday, August 28, the company rating was upgraded by Stephens. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in WFT's price. "Under these headwinds, we expect shares of Weatherford to be under pressure in the near future".

Several other research firms have also recently weighed in on WFT. Scotiabank restated a "buy" rating on shares of Weatherford International PLC in a research note on Tuesday, August 29th. Currently, Weatherford International plc (NYSE:WFT) has an average volume of 15.83 Million.

Weatherford International Ltd (NYSE:WFT) shares traded -0.51% down during most recent session to reach at the closing price of $3.87.

Weatherford International Ltd. (Weatherford) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. Cowen and Company set a $8.00 target price on Weatherford International PLC and gave the company a buy rating in a report on Friday, October 6th. Alethea Capital Management Llc acquired 5,000 shares as Duke Energy Corp New (DUK)'s stock rose 6.39%. The Connecticut-based Cubist Systematic Strategies Limited Liability Co has invested 0.08% in Weatherford International Plc (NYSE:WFT). The company had a trading volume of 4,831,278 shares. They now have a United States dollars 5 price target on the stock. Moreover, Huntington Savings Bank has 0% invested in Weatherford International Plc (NYSE:WFT). The stock has performed -3.18% over the last seven days, -10.61% over the last thirty, and -12.97% over the last three months.

According to analysts Weatherford International Ltd (NYSE:WFT)'s minimum EPS for the current quarter is at $-0.26 and can go high up to $-0.21. Weatherford International Plc (NYSE:WFT) has risen 2.15% since October 18, 2016 and is uptrending. For the current year the company's revenue estimates are $5.77 Billion compared to low analyst estimates of $5.33 Billion and high estimates of $5.92 Billion according to the prediction of 27 analysts. For the past 5 years, the company's revenue has grown -2.5%, while the company's earnings per share has grown -16.2%. Freestone Cap Hldg Limited Liability Company holds 0.04% of its portfolio in Weatherford International Plc (NYSE:WFT) for 114,654 shares.

COPYRIGHT VIOLATION WARNING: "Zacks Investment Research Lowers Weatherford International PLC (WFT) to Sell" was first reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this report on another website, it was illegally copied and reposted in violation of USA & global trademark and copyright laws. It dived, as 59 investors sold Weatherford International Plc shares while 88 reduced holdings.

In related news, VP Douglas M. Mills sold 17,500 shares of the business's stock in a transaction dated Friday, September 15th. The company presently has an average rating of Buy and an average target price of $6.18.

Institutional owners hold 28.51% stake while Insiders ownership held at 0.60% in the company. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The company's beta value is at 2.44.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. now owns 83,499,841 shares of the oil and gas company's stock worth $323,144,000 after acquiring an additional 1,203,292 shares during the last quarter. Verition Fund Management LLC raised its stake in Weatherford International PLC by 113.0% in the second quarter.

The company last reported its quarterly results on Nov 01 BMO. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Weatherford International PLC by 1.5% during the 2nd quarter. The company has market cap of $15.82 million. Laurion Capital Management LP bought a new stake in Weatherford International PLC during the 1st quarter worth approximately $109,000. The company holds 1.01 billion outstanding shares and 977.94 million shares are floating in market. The company now has a Return on Equity of -1.40% and Return on Investment of 3.70%. Cowen & Co maintained Weatherford International Plc (NYSE:WFT) on Friday, February 5 with "Outperform" rating. The Company operates four segments: North America, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia.



Like this

Latest


19 October 2017
Richard Branson targeted by scammers twice
Branson called on anyone with information on the scam to contact his Heist Team (contact details are on his blog). Linton is not believed to have swindled any money out of these scams.

19 October 2017
Analyzing the Financial Health of CenterPoint Energy, Inc. (NYSE:CNP)
Over the last five days, shares have managed 2.54% gains and now is up 5.68% since hitting its 200-day moving average of $28.49. CenterPoint Energy, Inc . (NYSE: CNP ) has a market cap of $12.85 billion and over the last 12 months, CNP has risen by 31.69%.

19 October 2017
President Trump never sent $25000 he promised Gold Star father
A Gold Star parent says President Trump promised him $25,000 after his son died in combat, but he never received a check. . He's determined to hold the President accountable for his statement, and is trying to get his attention on Twitter.

19 October 2017
Lionel Messi's 100th European Goal Puts 10-Man Barcelona by Olympiacos
Pique was sent off for a second yellow card in Wednesday's match with Olympiacos . However, Barcelona continued to outclass Olympiakos despite playing with 10 men.

19 October 2017
Cris Cyborg Not Backing Down Regarding Holly Holm USADA Demands
UFC women's featherweight champion Cris Cyborg would like to clarify her stance on Holly Holm and performance-enhancing drugs. Those numbers are a bit misleading, however, considering she has already fought 3 times in 2017 compared to my 1 fight.

19 October 2017
Samsung's advanced 8nm LPP process node is now ready for production
TSMC is already considered ahead in 7nm, but Samsung touts that its extreme ultraviolet lithography technology is more efficient. While it might be easy to manufacture, the 8nm LPP chips outperform the components made using the 10nm process.

19 October 2017
Montana gets 1-year extension to comply with REAL ID
The Department of Homeland Security granted the state an extension Wednesday afternoon to comply with the REAL ID Act . The SCDMV expects this to be the last extension the state will have to request.

18 October 2017
Drilling Down Into CF Industries Holdings, Inc. (CF)
According to their observations and findings, the stock could provide a high EPS of $-0.47/share and a low EPS of $-0.64/share. Analysts believe that the company has the potential to earn average revenue of $724.71 Million for the current quarter.

18 October 2017
5-year-old's gravestone repossessed after payment dispute
The boy never got a chance to go to a NASCAR race, but was a devoted fan of the sport, and idolized NASCAR star Richard Petty. Yeley and crew members from the teams of Kyle Busch, Aric Almirola, Jimmie Johnson and Dale Earnhardt, Jr. attended.

18 October 2017
Mississippi School Replaces Jefferson Davis' Name With Barack Obama, Upgrade
Over 90 percent of the students who attend these schools are black and Latino, Education Week reports . Lee Memorial Church back to its original title, the Grace Episcopal Church .



Recommended