The Dow Jones Industrial Average.DJI rose 58.46 points, or 0.24 percent, to 24,290.05, the S&P 500.SPX lost 2.78 points, or 0.11 percent, to 2,639.44 and the Nasdaq Composite.IXIC dropped 72.22 points, or 1.05 percent, to 6,775.37. Zacks Investment Research raised shares of Weatherford International Plc from a sell rating to a hold rating in a research report on Thursday, April 6th. GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in Weatherford International by 1.5% during the second quarter.
Weatherford International plc (NYSE:WFT) now has a "Sell" signals on Composite indicators by TrendSpotter. Utd Capital Fincl Advisers Limited Liability has 0% invested in Weatherford International plc (NYSE:WFT) for 15,355 shares. Weatherford International PLC has a 1 year low of $3.08 and a 1 year high of $7.09. Employees Retirement System Of Texas reported 432,000 shares. Nomura stated it has 0.01% of its portfolio in Weatherford International plc (NYSE:WFT).
Presently, 0.60% shares of The Kroger Co. Oppenheimer & Commerce holds 0.05% or 493,195 shares in its portfolio. Bourgeon Capital Management Limited Com accumulated 15,000 shares. Susquehanna Group Llp holds 0% of its portfolio in Acadia Realty Trust (NYSE:AKR) for 7,282 shares. Harris Associates L P now owns 61,075,275 shares of the oil and gas company's stock valued at $236,361,000 after acquiring an additional 58,380,345 shares during the last quarter. Cap Sarl holds 167,900 shares. Now have a look at past performance (weekly performance to year to date performance) how Weatherford International plc (WFT) has been moved; whether it performed well or not. Howard Weil maintained Weatherford International plc (NYSE:WFT) rating on Friday, May 6. Chart analysts may also use the indicator to project possible price reversals and to define trends. Jefferies's TP indicates a possible upside of 49.70 % from the current stock price of the company. On Monday, August 24 the stock rating was upgraded by Standpoint Research to "Hold".
About Weatherford International Plc Weatherford International Ltd. (Weatherford) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells.
The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. Therefore 77% are positive. Weatherford International Ltd. has $20 highest and $4.2 lowest target. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows "Sell" signal. Weatherford International Ltd. had 99 analyst reports since July 24, 2015 according to SRatingsIntel. Moreover, Janney Montgomery Scott Lc has 0.03% invested in Weatherford International plc (NYSE:WFT). Lombard Odier Asset (Europe) Limited holds 0% in Weatherford International plc (NYSE:WFT) or 13,169 shares. Finally, Royal Bank Of Canada set a $6.00 price objective on Weatherford International and gave the company a "buy" rating in a research note on Sunday, October 8th. BMO Capital Markets now has a $7.00 price objective on the oil and gas company's stock. Mizuho maintained the stock with "Neutral" rating in Thursday, July 21 report. The firm has "Hold" rating given on Friday, September 1 by Jefferies. The firm has "Equal Weight" rating by Barclays Capital given on Monday, July 27. Morgan Stanley maintained Weatherford International plc (NYSE:WFT) rating on Thursday, November 2. California State Teachers Retirement Sys accumulated 1.72M shares. The stock has "Buy" rating by Loop Capital on Friday, February 3. The stock decreased 4.51% or $0.15 during the last trading session, reaching $3.29. Weatherford International Plc also was the recipient of unusually large options trading activity on Tuesday. It has underperformed by 14.55% the S&P500.
Weatherford International Ltd (NYSE:WFT)'s revenue estimates for the current quarter are $1.5 Billion according to 22 number of analysts, for the current quarter the company has high revenue estimates of $1.53 Billion in contradiction of low revenue estimates of $1.49 Billion. Analyst established EPS growth expected to grow of -50.10% for this year and EPS growth for next year is likely to attain at 52.00%. However the company reported $-0.32 earnings per share for the same quarter during a year ago.
Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. During last 3 month period, 4.73% of total institutional ownership has changed in the company shares. It now has negative earnings.