Weatherford International plc (NASDAQ:WFRD) price on Thursday, July 03, fall -2.11% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $54.15.
A look at the stock’s price movement, the close in the last trading session was $55.32, moving within a range at $54.025 and $55.25. The beta value (5-Year monthly) was 1.737 while the PE ratio in trailing twelve months stood at 8.61. Turning to its 52-week performance, $135.00 and $36.74 were the 52-week high and 52-week low respectively. Overall, WFRD moved 15.63% over the past month.
Weatherford International plc’s market cap currently stands at around $3.93 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-22. The company has a Forward Dividend ratio of 1.00, with its dividend yield at 1.85%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.19B for the company’s revenue for the quarter, with a low and high estimate of 1.17B and 1.28B respectively. The average forecast suggests down to a -15.64% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 4.75B, representing a -13.91% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WFRD is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 7 recommend WFRD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WFRD’s current price about 6.73% and 14.16% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.14, while 7-day volatility ratio is 4.69% and 4.27% in the 30-day chart. Further, Weatherford International plc (WFRD) has a beta value of 1.83. Analysts have given the company’s stock an average 52-week price target of $142, forecast between a low of $87 and high of $144. Looking at the price targets, the low is -60.66% off current price level while to achieve the yearly target high, price needs to move -165.93%. Nonetheless, investors will most likely welcome a -162.23% jump to $142 which is the analysts’ median price.
If we refocus on Weatherford International plc (NASDAQ:WFRD), historical trading data shows that trading volumes averaged 1.32 over the past 10 days and 1.50 million over the past 3 months. The company’s latest data on shares outstanding shows there are 72.60 million shares.
The 2.15% of Weatherford International plc’s shares are in the hands of company insiders while institutional holders own 98.10% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.12 million on 2025-06-13, giving us a short ratio of 2.93. The data shows that as of 2025-06-13 short interest in Weatherford International plc (WFRD) stood at 556.0 of shares outstanding, with shares short falling to 3.24 million registered in 2025-05-15. Current price change has pushed the stock -55.50% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WFRD stock continues to rise going into the next quarter.
