News coverage about Frank’s International (NYSE:FI) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Frank’s International earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the pipeline company an impact score of 47.4860959536816 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

FI has been the topic of a number of recent analyst reports. Deutsche Bank initiated coverage on shares of Frank’s International in a report on Tuesday, October 10th. They set a “hold” rating and a $7.00 price target on the stock. Royal Bank of Canada reissued a “buy” rating and set a $10.00 price target on shares of Frank’s International in a report on Friday, September 1st. Jefferies Group set a $9.00 price target on shares of Frank’s International and gave the stock a “hold” rating in a report on Thursday, October 5th. J P Morgan Chase & Co lowered their price target on shares of Frank’s International from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Tuesday, September 12th. Finally, Credit Suisse Group downgraded shares of Frank’s International from a “neutral” rating to an “underperform” rating in a report on Tuesday, November 7th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $8.00.

Frank’s International (NYSE:FI) opened at $5.86 on Friday. Frank’s International has a twelve month low of $5.84 and a twelve month high of $13.00.

Frank’s International (NYSE:FI) last posted its quarterly earnings data on Thursday, November 2nd. The pipeline company reported ($0.11) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.11). The business had revenue of $108.08 million for the quarter, compared to the consensus estimate of $120.42 million. Frank’s International had a negative net margin of 26.21% and a negative return on equity of 9.25%. The company’s revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.14) earnings per share. equities research analysts forecast that Frank’s International will post -0.45 earnings per share for the current year.

In other news, major shareholder G. Mosing Family L.L. Kendall sold 1,500,000 shares of the stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $7.25, for a total value of $10,875,000.00. Following the completion of the sale, the insider now directly owns 11,724,888 shares in the company, valued at $85,005,438. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Frank Mosing Family L. Michael sold 45,000 shares of the stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $7.28, for a total transaction of $327,600.00. Following the completion of the sale, the insider now owns 9,273,667 shares of the company’s stock, valued at $67,512,295.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,098,897 shares of company stock worth $33,464,073. Insiders own 77.90% of the company’s stock.

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Frank’s International Company Profile

Frank’s International N.V. (FINV) is a provider of engineered tubular services, tubular fabrication and specialty well construction and well intervention solutions to the oil and gas industry. The Company operates through four business segments: International Services, U. S. Services, Tubular Sales and Blackhawk.

Insider Buying and Selling by Quarter for Frank`s International (NYSE:FI)

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