Weatherford International plc ( (NYSE:WFT):
Weatherford verÃ¶ffentlicht Ergebnisse des dritten Quartals 2016.
The company is now down since yesterday’s close of $5.34.
Shares are trading at $5.17 which is slightly below $5.81, the 50 day moving average and barely below the 200 day moving average of $6.02. The 50 day moving average went down by -11.06% and the 200 day average went down $-0.85 or -14.11%.
In the last earnings report the EPS was $-2.98 and is estimated to be $-1.20 for the current year with 896,151,000 shares currently outstanding. Next quarter’s EPS is estimated at $-0.24 and the next full year EPS is anticipated to be $-0.65.
Brokerage firms have released opinions on the company of late. October 11 investment analysts at Citigroup kept the company rating at “Buy” and raised the price expectation from $7.00 to $8.00. On October 5 Citigroup made no change to the company rating of “Buy” but moved down the price target to $7.00 from $8.00.
Equity analyst Loop Capital began coverage of the stock with an initial rating of “Hold” and establishing a price target of $6.00. September 12 investment analysts at Citigroup left the stock rating at “Buy” and raised the price target to $8.00 from $7.00.
Imperial Capital began coverage of WFT by announcing an initial rating of “In-line” and setting a price target of $7.00. On June 14 Citigroup left the company rating at “Buy” but raised the price target to $8.00 from $7.00.