EPS for Weatherford International plc (WFT) Expected At $-0.20

January 22, 2018 - By Kurt Siggers

 EPS for Weatherford International plc (WFT) Expected At $ 0.20
Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.16, from 1.11 in 2017Q2. It turned 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.
Levin Capital Strategies L P holds 10,000 shares or 0% of its portfolio. Nomura Asset Mgmt Com Limited reported 0.01% stake. Two Creeks Management Ltd Partnership owns 7.20M shares for 1.88% of their portfolio. Carlyle Grp Inc Limited Partnership has 1.00M shares for 0.29% of their portfolio. Peoples Svcs Corp holds 0% in Weatherford International plc (NYSE:WFT) or 100 shares. Stratos Wealth Partners Limited holds 0% or 13,770 shares in its portfolio. Two Sigma Ltd Limited Liability Company holds 12,798 shares. Wedge Cap L Limited Partnership Nc has 1.19% invested in Weatherford International plc (NYSE:WFT) for 27.84M shares. Cubist Systematic Strategies Limited Liability Company stated it has 0.11% in Weatherford International plc (NYSE:WFT). Walleye Trading Lc stated it has 353,582 shares. Ny State Common Retirement Fund has invested 0.02% of its portfolio in Weatherford International plc (NYSE:WFT). Moreover, Winslow Evans Crocker has 0.02% invested in Weatherford International plc (NYSE:WFT). Westpac Banking Corporation holds 0.01% or 60,754 shares. Riggs Asset Managment has invested 0.01% in Weatherford International plc (NYSE:WFT). Hutchin Hill Capital L P has invested 0.03% in Weatherford International plc (NYSE:WFT).

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 3.46% or $0.14 during the last trading session, reaching $4.19. About 4.26 million shares traded. Weatherford International plc (NYSE:WFT) has risen 2.15% since January 22, 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. has $20 highest and $4.2 lowest target. $7.28’s average target is 73.75% above currents $4.19 stock price. Weatherford International Ltd. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Weatherford International plc (NYSE:WFT) earned “Hold” rating by Jefferies on Friday, July 7. The stock of Weatherford International plc (NYSE:WFT) earned “Sector Perform” rating by Howard Weil on Thursday, October 27. The stock has “Outperform” rating by Wells Fargo on Monday, March 27. The stock of Weatherford International plc (NYSE:WFT) earned “Market Perform” rating by Bernstein on Thursday, July 6. Credit Suisse maintained it with “Outperform” rating and $13 target in Friday, September 4 report. Jefferies maintained Weatherford International plc (NYSE:WFT) on Thursday, October 5 with “Hold” rating. On Wednesday, January 18 the stock rating was initiated by Suntrust Robinson with “Buy”. The firm has “Positive” rating by Susquehanna given on Tuesday, October 27. The stock has “Hold” rating by Jefferies on Tuesday, June 6. Cowen & Co maintained it with “Outperform” rating and $9 target in Friday, February 5 report.

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. The company has market cap of $4.16 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: Prnewswire.com which released: “Weatherford Completes Sale of US Hydraulic Fracturing Business to Schlumberger …” on December 29, 2017, also Reuters.com with their article: “Weatherford shares plummet after company scraps OneStim venture” published on January 02, 2018, Bizjournals.com published: “Deal of the Week: Weatherford sells US fracking business to Schlumberger …” on January 05, 2018. More interesting news about Weatherford International plc (NYSE:WFT) were released by: Investorplace.com and their article: “Falling Sales Growth Make Weatherford International (WFT) a Sell” published on January 17, 2018 as well as Seekingalpha.com‘s news article titled: “Weatherford Scraps JV, Sells Pressure Pumping Assets Instead” with publication date: January 08, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.