Consensus Estimates and Trading Data for Weatherford International plc (WFT)

In the past 52-week period, shares of Weatherford International plc (NYSE:WFT) have moved within the range of $3.08 to $7.09. On the stock’s most recent trading day, the company’s shares ended the regular session at $3.46, which is 51.2% higher than its 52-week high.

Weatherford International plc (WFT) has demonstrated a 20-day simple moving average (SMA) of -4.49%, and a 50-day SMA of -3.31%. This public company’s current market capitalization stands at $3.43 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Weatherford International plc (WFT) is Outperform.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Weatherford International plc (WFT) delivered a 1.40% surprise with its net revenue. Sales reached $1.46 billion during the three-month period, compared to the average analyst estimate of $1.48 billion.

Meanwhile, during the same quarter Weatherford International plc (WFT) delivered a -9.84% earnings surprise. Net earnings for the quarter were posted at -$0.22 per share, whereas Wall Street had forecast -$0.24 per share.

Ownership at Weatherford International plc (WFT), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Weatherford International plc (WFT) has 0 billion shares outstanding currently, 112.48% of which belong to institutional investors. Those institutional holdings amount to $4.66 billion.

Additionally, according to the most recent 13F filing from Weatherford International plc (WFT), there were 38 new positions totaling 23,811,958 shares of the company’s stock. There were 43 sold out positions, on the other hand, totaling 20,416,419 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Weatherford International plc (WFT) has had a 20-day average volume of 20,530,984 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 25,205,807 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 20,128,186 shares with 67% of long-term indicators pointing to Sell.