Weatherford International plc (WFT) Analysts See $-0.20 EPS

January 20, 2018 - By Henry Gaston

 Weatherford International plc (WFT) Analysts See $ 0.20 EPS
Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.16, from 1.11 in 2017Q2. It is negative, as 41 investors sold Weatherford International plc shares while 94 reduced holdings. 39 funds opened positions while 89 raised stakes. 1.10 billion shares or 1.67% more from 1.09 billion shares in 2017Q2 were reported.
Alliancebernstein Limited Partnership reported 537,044 shares stake. Citadel Advsr Ltd Com has 0.02% invested in Weatherford International plc (NYSE:WFT). Peoples Svcs Corporation stated it has 0% of its portfolio in Weatherford International plc (NYSE:WFT). Teacher Retirement Sys Of Texas accumulated 42,848 shares. 100,000 are held by Texas Yale Cap. Amg National Savings Bank holds 0.04% or 132,633 shares in its portfolio. Northern Trust invested in 0.01% or 5.45 million shares. Amp Cap Invsts Ltd holds 0.01% of its portfolio in Weatherford International plc (NYSE:WFT) for 274,909 shares. Penn Cap Mngmt owns 23,111 shares for 0.01% of their portfolio. Moreover, Etrade Mngmt Ltd Liability Co has 0.02% invested in Weatherford International plc (NYSE:WFT) for 133,199 shares. Yorktown Mgmt Incorporated stated it has 0.25% of its portfolio in Weatherford International plc (NYSE:WFT). Jefferies Group Inc Ltd Com holds 0.03% or 948,733 shares in its portfolio. Parametric Portfolio Associate Limited Co owns 863,757 shares or 0% of their US portfolio. Exane Derivatives owns 440,591 shares for 0.38% of their portfolio. 4.15 million were accumulated by Barclays Public Limited Com.

Analysts expect Weatherford International plc (NYSE:WFT) to report $-0.20 EPS on February, 7.They anticipate $0.12 EPS change or 37.50 % from last quarter’s $-0.32 EPS. After having $-0.22 EPS previously, Weatherford International plc’s analysts see -9.09 % EPS growth. The stock increased 2.27% or $0.09 during the last trading session, reaching $4.05. About 13.64M shares traded. Weatherford International plc (NYSE:WFT) has risen 2.15% since January 20, 2017 and is uptrending. It has underperformed by 14.55% the S&P500.

Weatherford International plc (NYSE:WFT) Ratings Coverage

Among 34 analysts covering Weatherford International Ltd. (NYSE:WFT), 27 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. Weatherford International Ltd. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Weatherford International plc (NYSE:WFT) earned “Overweight” rating by Morgan Stanley on Tuesday, April 19. Stephens downgraded the shares of WFT in report on Thursday, December 3 to “Equal-Weight” rating. The company was maintained on Wednesday, January 20 by RBC Capital Markets. The firm earned “Positive” rating on Tuesday, October 27 by Susquehanna. The stock of Weatherford International plc (NYSE:WFT) earned “Buy” rating by RBC Capital Markets on Friday, November 10. The firm has “Buy” rating given on Wednesday, January 18 by SunTrust. The stock of Weatherford International plc (NYSE:WFT) earned “Sector Perform” rating by Howard Weil on Thursday, October 27. As per Friday, March 11, the company rating was upgraded by Goldman Sachs. The stock of Weatherford International plc (NYSE:WFT) has “Outperform” rating given on Tuesday, December 13 by Cowen & Co. Jefferies maintained Weatherford International plc (NYSE:WFT) on Tuesday, June 6 with “Hold” rating.

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. The company has market cap of $4.02 billion. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. It currently has negative earnings. The firm operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs.

More notable recent Weatherford International plc (NYSE:WFT) news were published by: Investorplace.com which released: “Falling Sales Growth Make Weatherford International (WFT) a Sell” on January 17, 2018, also Seekingalpha.com with their article: “Weatherford Scraps JV, Sells Pressure Pumping Assets Instead” published on January 08, 2018, Reuters.com published: “Weatherford shares plummet after company scraps OneStim venture” on January 02, 2018. More interesting news about Weatherford International plc (NYSE:WFT) were released by: Prnewswire.com and their article: “Weatherford Completes Sale of US Hydraulic Fracturing Business to Schlumberger …” published on December 29, 2017 as well as Investorplace.com‘s news article titled: “Weatherford International (WFT) a Sell on Shrinking Sales Growth” with publication date: December 28, 2017.

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