Weatherford International plc (NYSE:WFT)

Weatherford International is one of the world’s leading providers of equipment and services used for the drilling, completion and production of oil and natural gas wells. Its operations are conducted in numerous countries and it has service and sales locations in substantially all of the oil and natural gas producing regions in the world. The company’s products and services are divided into the following four principal operating divisions: Drilling and Intervention Services; Completion Systems; Artificial Lift Systems; and Compression Services.

Weatherford International plc (NYSE:WFT)’s Financial Overview

Weatherford International plc (NYSE:WFT) declined -5.47% yesterday to close its trading session at $4.32. The company has 1 year Price Target of $7.43. Weatherford International plc has 52-Week high of $11.14 and 52-Week Low of $3.73. The stock touched its 52-Week High on Dec 2, 2015 and 52-Week Low on Nov 8, 2016. The stock traded with the volume of 34.98 Million shares yesterday. The firm shows the market capitalization of $4.24 Billion.

Weatherford International plc (NYSE:WFT) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $-0.39/share against the analyst consensus estimate of $-0.25/share. The difference between the actual and expected EPS is $-0.14 a share with a surprise factor of -56%.

The firm is trading with SMA20 of -7.09 Percent, SMA50 of -18.92 Percent and SMA200 of -28.74 percent. Weatherford International plc has P/S value of 0.67 while its P/B value stands at 1.67. Similarly, the company has Return on Assets of -28.9 percent, Return on Equity of -105.6 percent and Return on Investment of -11.9 Percent. The company shows Gross Margin and Operating Margin of 7.5 percent and -45.4 percent respectively.

Many brokerage firms are involved in issuing their ratings on Weatherford International plc (NYSE:WFT). On 2-Nov-16 Raymond James Downgrade Weatherford International plc Stock  to Outperform. Another firm also rated the stock on 24-Jun-16 where Imperial Capital Initiated the stock to In-line.

The Stock currently has Analyst’ mean Recommendation of 2.1 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 32 analysts offering 12-month price forecasts for Weatherford International PLC have a median target of 7.00, with a high estimate of 13.00 and a low estimate of 3.00. The median estimate represents a +62.04% increase from the last price of 4.32.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

ArcelorMittal (NYSE:MT)

ArcelorMittal (MT) is the world’s leading steel and mining company. With a presence in more than 60 countries, it operates a balanced portfolio of cost competitive steel plants across both the developed and developing world. It is the leader in all the main sectors automotive, household appliances, packaging and construction. The company is also the world’s fourth largest producer of iron ore, with a global portfolio of 16 operating units with mines in operation or development.

ArcelorMittal (NYSE:MT)’s Financial Outlook

The 29 analysts offering 12-month price forecasts for ArcelorMittal have a median target of 7.29, with a high estimate of 10.00 and a low estimate of 3.72. The median estimate represents a -2.40% decrease from the last price of 7.47.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, ArcelorMittal has a Consensus Recommendation of 2. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock fell -1.19% and closed its last trading session at $7.47. The company has the market capitalization of $22.77 Billion. The stock has 52-week high of $7.69 and 52-Week low of $2.93. The firm touched its 52-Week high on Nov 22, 2016 and 52-Week low on Feb 11, 2016. The company has volume of 30.27 Million shares. The company has a total of 3.05 Billion shares outstanding.

ArcelorMittal (NYSE:MT) in the last quarter reported its actual EPS of $0.22/share where the analyst estimated EPS was $0.27/share. The difference between the actual and Estimated EPS is $-0.05. This shows a surprise factor of -18.5 percent.

The company has YTD performance of 77.01 percent. Beta for ArcelorMittal stands at 2.51 while its ATR (average true range) is 0.25. The company has Weekly Volatility of 2.38%% and Monthly Volatility of 3.01%%.

ArcelorMittal has distance from 20-day Simple Moving Average (SMA20) of 6.22%, Distance from 50-Day Simple Moving Average of 14 percent and Distance from 200-Day Simple Moving Average of 35.07%.

The Company currently has ROA (Return on Assets) of 0 percent, Return on Equity (ROE) of 0 Percent and Return on Investment (ROI) of -11.2% with Gross margin of 0 percent and Operating & Profit margin of 0% and 0% respectively.

 

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