Frank’s International N.V. (FI) Earning Somewhat Positive News Coverage, Analysis Finds
Media headlines about Frank’s International N.V. (NYSE:FI) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Frank’s International N.V. earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the pipeline company an impact score of 46.000301557997 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- William Bradford Mosing Sells 271,177 Shares of Frank’s International N.V. (FI) Stock (americanbankingnews.com)
- Franks International : Annual FranksGiving Event Helps Lafayette Families (4-traders.com)
- ETFs with exposure to Frank’s International NV : November 17, 2017 (finance.yahoo.com)
- D. Keith Mosing Sells 218,000 Shares of Frank’s International N.V. (FI) Stock (americanbankingnews.com)
- Frank’s International N.V. (FI) Major Shareholder Keith Mosing Family Par Donald Sells 500,000 Shares (americanbankingnews.com)
Several analysts recently weighed in on FI shares. Royal Bank Of Canada reiterated a “buy” rating and issued a $10.00 price objective on shares of Frank’s International N.V. in a research report on Friday, September 1st. Seaport Global Securities reiterated a “neutral” rating on shares of Frank’s International N.V. in a research report on Tuesday, August 8th. Scotiabank set a $13.00 price objective on shares of Frank’s International N.V. and gave the company a “hold” rating in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Frank’s International N.V. from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $8.50 price objective (down from $10.50) on shares of Frank’s International N.V. in a research report on Tuesday, August 8th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $8.00.
Frank’s International N.V. (NYSE:FI) traded down $0.15 during midday trading on Wednesday, hitting $6.29. 795,900 shares of the company were exchanged, compared to its average volume of 1,177,951. Frank’s International N.V. has a twelve month low of $6.03 and a twelve month high of $13.57.
Frank’s International N.V. (NYSE:FI) last released its earnings results on Thursday, November 2nd. The pipeline company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). Frank’s International N.V. had a negative net margin of 26.21% and a negative return on equity of 9.25%. The business had revenue of $108.08 million for the quarter, compared to the consensus estimate of $120.42 million. During the same period in the previous year, the firm earned ($0.14) EPS. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. analysts predict that Frank’s International N.V. will post -0.45 earnings per share for the current fiscal year.
In related news, SVP Alejandro Cestero sold 7,355 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $6.81, for a total transaction of $50,087.55. Following the transaction, the senior vice president now directly owns 2,442 shares of the company’s stock, valued at $16,630.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Wbm Partnership, Lp sold 450,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $7.49, for a total transaction of $3,370,500.00. Following the transaction, the insider now directly owns 8,653,867 shares in the company, valued at $64,817,463.83. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,541,532 shares of company stock worth $31,424,971. 77.90% of the stock is currently owned by insiders.
Frank’s International N.V. 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.
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