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

January 13, 2018 - By Marguerite Chambers

 Analysts See $ 0.20 EPS for Weatherford International plc (WFT)
Investors sentiment decreased to 0.95 in 2017 Q3. 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.
Hanson & Doremus Inv Mgmt holds 0% or 1,290 shares in its portfolio. Etrade Cap Lc stated it has 0.02% in Weatherford International plc (NYSE:WFT). Barclays Public Limited Co holds 0.02% in Weatherford International plc (NYSE:WFT) or 4.15 million shares. State Board Of Administration Of Florida Retirement reported 0.02% in Weatherford International plc (NYSE:WFT). California Pub Employees Retirement holds 0.02% or 3.01 million shares. Ing Groep Nv owns 0% invested in Weatherford International plc (NYSE:WFT) for 55,000 shares. The Delaware-based Reliance Of Delaware has invested 0.18% in Weatherford International plc (NYSE:WFT). Poplar Forest Cap Lc reported 6.57M shares or 2.61% of all its holdings. Ngam Advisors L P owns 2.50M shares for 0.12% of their portfolio. Tower Ltd Co (Trc) has 1,995 shares. Dc Cap Advisors Ltd holds 1.51% or 500,000 shares in its portfolio. Blackrock invested in 50.38M shares or 0.01% of the stock. Tci Wealth Advisors reported 0% stake. Nomura Asset Management Limited, Japan-based fund reported 137,326 shares. Neuberger Berman Group Limited Liability invested 0% 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 1.92% or $0.08 during the last trading session, reaching $4.25. About 22.50M shares traded. Weatherford International plc (NYSE:WFT) has risen 2.15% since January 13, 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, 2 Sell and 5 Hold. Therefore 79% are positive. Weatherford International Ltd. had 105 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 2 by Credit Suisse. CLSA upgraded the stock to “Buy” rating in Thursday, November 10 report. The rating was maintained by Jefferies on Friday, July 7 with “Hold”. The stock has “Hold” rating by Jefferies on Thursday, October 5. BMO Capital Markets maintained Weatherford International plc (NYSE:WFT) on Wednesday, June 21 with “Buy” rating. Oppenheimer maintained the shares of WFT in report on Monday, October 26 with “Outperform” rating. The stock of Weatherford International plc (NYSE:WFT) has “Buy” rating given on Wednesday, October 5 by Citigroup. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, September 5. On Monday, November 6 the stock rating was downgraded by Citigroup to “Hold”. Jefferies maintained it with “Buy” rating and $7 target in Tuesday, August 2 report.

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. The company has market cap of $4.22 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 important recent Weatherford International plc (NYSE:WFT) news were published by: Reuters.com which released: “Weatherford shares plummet after company scraps OneStim venture” on January 02, 2018, also Seekingalpha.com published article titled: “Weatherford Scraps JV, Sells Pressure Pumping Assets Instead”, 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) was released by: Prnewswire.com and their article: “Weatherford Completes Sale of US Hydraulic Fracturing Business to Schlumberger …” with publication date: December 29, 2017.

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