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

The oil and gas company reported ($0.22) EPS for the quarter, topping analysts' consensus estimates of ($0.24) by $0.02. The stock increased 0.24% or $0.11 during the last trading session, reaching $46.15. Current price places the company's stock -3.72% away from its 200-day simple moving average, 14.58%, away from the 50-day average and also 10.62% away from 20-day average. It has underperformed by 14.27% the S&P500. Moreover, Dimensional Fund Advsrs LP has 0.01% invested in Weatherford International plc (NYSE:WFT) for 6.47 million shares. WFT's SI was 169.09M shares in January as released by FINRA. Mitchell Group Incorporated accumulated 4.58M shares.

The SI to Weatherford International Plc's float is 18.62%. This represents an increase of 1% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks. The company has volume of 22.06 Million shares. It has been assigned a low target price of $2.5 and a high target price of $7.5. It has underperformed by 14.55% the S&P500. Oarsman Inc holds 1.06% or 548,940 shares. Brave Warrior Advisors Llc who had been investing in Brookfield Asset Mgmt Inc for a number of months, seems to be less bullish one the $40.32B market cap company. Cornerstone Ondemand Inc (NASDAQ:CSOD) was reduced too.

Analysts expect Centennial Resource Development, Inc. (NYSE:BAM), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 79% are positive. Weatherford International has a 1-year low of $3.08 and a 1-year high of $7.09. BMO Capital Markets reiterated a "buy" rating and issued a $5.50 price objective on shares of Weatherford International in a research note on Friday, October 13th. Jefferies downgraded the shares of WFT in report on Thursday, January 4 to "Underperform" rating. RBC Capital Markets maintained the shares of VZ in report on Friday, May 26 with "Hold" rating. The stock of Waste Management, Inc. TD Securities upgraded the shares of WFT in report on Friday, September 11 to "Buy" rating. (NYSE:WM) earned "Overweight" rating by Barclays Capital on Monday, November 7. The rating was initiated by SunTrust on Wednesday, January 18 with "Buy". (NYSE:WM) has "In-Line" rating given on Friday, February 19 by Imperial Capital. The firm has "Hold" rating given on Monday, April 24 by RBC Capital Markets. Its down 0.16, from 1.11 in 2017Q2. It turned negative, as 41 investors sold WFT shares while 94 reduced holdings. Financial Bank Of Montreal Can reported 579,891 shares. Eaton Vance Management holds 0.04% or 203,037 shares. 62,292 are held by Berkshire Asset Mngmt Limited Liability Corporation Pa. Raymond James Fincl Svcs Inc invested in 110,310 shares. National Bank Of Nova Scotia holds 563,000 shares or 0.02% of its portfolio. Invesco Ltd holds 3.57M shares. Hartford Inv Mgmt holds 919,357 shares. (NYSE:WM) for 16,859 shares. Benin Mngmt holds 0.02% or 13,500 shares. California Pub Employees Retirement Systems has invested 0.17% of its portfolio in Waste Management, Inc. The company has a total of 990 Million shares outstanding. 860 are owned by Cornerstone Advsr. Finally, Asset Management One Co. (NYSE:WM). 7,365 are owned by Savings Bank Of The Ozarks.

Investors sentiment decreased to 0.95 in Q3 2017.

Capital Research Global Investors decreased Weatherford International Plc (WFT) stake by 2.82% reported in 2017Q3 SEC filing. 39 funds opened positions while 89 raised stakes. State Street accumulated 51.17 million shares. Cornercap Counsel Inc has 0.01% invested in Weatherford International plc (NYSE:WFT). Oarsman Capital invested in 1.06% or 548,940 shares. Prudential reported 0% of its portfolio in Weatherford International plc (NYSE:WFT). According to today's trading volume Weatherford International plc is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Weatherford International plc (NYSE:WFT) closed its last session at $4.17. The France-based Exane Derivatives has invested 0.38% in Weatherford International plc (NYSE:WFT). Ballentine Prns Ltd Com invested 0% in Weatherford International plc (NYSE:WFT). Morgan Stanley invested in 0.01% or 6.25M shares. Texas Yale Cap stated it has 0.04% of its portfolio in Weatherford International plc (NYSE:WFT). Dorsey Whitney Trust Ltd Liability holds 12,317 shares.

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. The firm has a market cap of $4,140.00, a P/E ratio of -2.92 and a beta of 2.32. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. A negative earnings surprise will usually result in a decline in share price. The firm operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs.

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