Q2 Sentiment Weatherford International LTD (NYSE:WFT)

Leslie Hanson
October 11, 2017

Texas Yale Capital Corp, Florida-based fund reported 100,000 shares. The stock declined 1.18% or $0.05 reaching $4.19 per share. The stock declined 0.04% or $0.01 reaching $11.24 on the news.

The Relative Volume of the company is 1.27 and Average Volume (3 months) is 16.27 million. Weatherford International Plc (NYSE:WFT) has risen 2.15% since October 11, 2016 and is uptrending. It has underperformed by 14.55% the S&P500.The move comes after 6 months positive chart setup for the $4.33 billion company. The firm's market cap is $5.16 billion. SVON's SI was 9,100 shares in October as released by FINRA. Evans Bancorp Inc. (NYSEMKT:EVBN) has risen 66.46% since October 11, 2016 and is uptrending. It has outperformed by 10.36% the S&P500.

Among 30 analysts covering Weatherford International Ltd. Therefore 77% are positive. The analysts estimated sales for the higher end at 1641 million and lower end at 1351 million while the year ago reported sale was 1858.24 million. The firm earned "Outperform" rating on Thursday, July 23 by Cowen & Co.

Beta is also an important valuation ratio for analyzing the stock of the company, WFT's beta remains at 2.45. The rating was maintained by BMO Capital Markets on Wednesday, June 21 with "Buy". Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. Mitchell Group Inc Incorporated Inc holds 3.19% of its portfolio in Weatherford International Plc (NYSE:WFT) for 5.28M shares. As per Monday, January 9, the company rating was downgraded by Barclays Capital. The stock of Weatherford International Plc (NYSE:WFT) has "Neutral" rating given on Thursday, April 13 by Goldman Sachs. The firm has "Buy" rating given on Thursday, November 10 by CLSA. The company was upgraded on Friday, July 24 by Guggenheim.

Weatherford International PLC (NYSE:WFT) last posted its quarterly earnings results on Friday, July 28th. They expect $-0.23 EPS, up 41.03% or $0.16 from last year's $-0.39 per share. After $-0.28 actual earnings per share reported by Weatherford International Plc for the previous quarter, Wall Street now forecasts -17.86% EPS growth.

Weatherford International Ltd (NYSE:WFT) has a market cap of $4.05 Billion and the number of outstanding shares have been calculated 989.04 Million. For the most recent quarter, quick ratio was 1.4, current ratio was 2.1, LT Debt/Equity ratio was 5.14 and Total Debt/Equity ratio stands at 5.24, while Payout ratio is 0. Sold All: 59 Reduced: 88 Increased: 106 New Position: 57. The legal version of this news story can be viewed at https://www.truebluetribune.com/2017/10/11/royal-bank-of-canada-analysts-give-weatherford-international-plc-wft-a-6-00-price-target.html. Cubist Systematic Strategies Ltd reported 318,349 shares or 0.08% of all its holdings.


S Muoio & Company decreased Weatherford Intl Plc (WFT) stake by 83.33% reported in 2017Q2 SEC filing. Riggs Asset Managment holds 0.01% or 5,360 shares. Intl Fcstone Inc. increased its stake in Weatherford International PLC by 132.9% in the second quarter. Gmt Capital Corporation has 0.21% invested in Weatherford International Plc (NYSE:WFT) for 2.77M shares. Oppenheimer And invested in 493,195 shares or 0.05% of the stock. Renaissance Techs Limited Liability Com holds 848,745 shares.

The company P/E (price to earnings) ratio is 0 and Forward P/E ratio is 0. Federated Inc Pa holds 0% or 7,367 shares in its portfolio. Its up 658.33% from 1,200 shares previously. Baldwin Brothers Ma holds 2,000 shares or 0.01% of its portfolio. Wedge Capital Management L L P NC raised its position in shares of Weatherford International PLC by 71.9% during the 2nd quarter. Seaport Global Securities also issued estimates for Weatherford International PLC's Q4 2017 earnings at ($0.21) EPS, FY2017 earnings at ($1.07) EPS, Q1 2018 earnings at ($0.19) EPS, Q2 2018 earnings at ($0.18) EPS, Q3 2018 earnings at ($0.15) EPS, Q4 2018 earnings at ($0.12) EPS, FY2018 earnings at ($0.65) EPS, Q1 2019 earnings at ($0.11) EPS, Q2 2019 earnings at ($0.09) EPS and FY2019 earnings at ($0.20) EPS. Zacks' earnings per share calculations are an average based on a survey of sell-side analysts that cover Weatherford International PLC.

Investors sentiment decreased to 1.11 in Q2 2017. Its up 0.62, from 1.35 in 2017Q1.

Hedge funds have recently modified their holdings of the business. (NYSEAMERICAN:EVBN) for 21,907 shares. Virginia Retirement Systems Et Al accumulated 49,800 shares. Pacad Investment owns 44,700 shares. Svcs Automobile Association reported 0.01% of its portfolio in Stag Industrial Inc (NYSE:STAG). (NYSEAMERICAN:EVBN) or 7,144 shares.

COPYRIGHT VIOLATION WARNING: "Citigroup Inc". Sei Invests owns 80,526 shares for 0.01% of their portfolio. (NYSEAMERICAN:EVBN). Ameritas Invest Inc has invested 0% of its portfolio in Evans Bancorp Inc.

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