A Glimpse Into The Expert Outlook On Weatherford International Through 4 Analysts
Portfolio Pulse from Benzinga Insights
Weatherford International (NASDAQ:WFRD) has been analyzed by 4 analysts, showing a mix of bullish and somewhat bullish ratings with an updated average 12-month price target of $151.25, indicating a 20.68% increase from the previous target. The company's financials reveal strong performance with a revenue growth rate of 12.66%, a net margin of 10.28%, and an ROE of 16.81%, despite a high debt-to-equity ratio of 2.23.
April 15, 2024 | 7:01 pm
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POSITIVE IMPACT
Weatherford International's stock may see a positive short-term impact due to the bullish analyst ratings and raised price targets, alongside strong financial performance indicators.
The mix of bullish and somewhat bullish ratings from analysts, combined with a significant increase in the average price target, reflects a positive outlook for Weatherford International. The company's strong financial performance, including high revenue growth, net margin, and ROE, further supports this optimistic view. However, the high debt-to-equity ratio introduces some risk, potentially moderating the positive impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100