Press coverage about Weatherford International (NYSE:WFT) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Weatherford International earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 47.0437571823363 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of research analysts have issued reports on WFT shares. Morgan Stanley reduced their price objective on Weatherford International from $5.50 to $5.00 and set an “overweight” rating for the company in a research note on Thursday, November 2nd. Sanford C. Bernstein upgraded Weatherford International from a “market perform” rating to an “outperform” rating in a research note on Friday, November 3rd. Citigroup downgraded Weatherford International from a “buy” rating to a “neutral” rating and set a $4.20 price objective for the company. in a research note on Monday, November 6th. Jefferies Group set a $5.00 price objective on Weatherford International and gave the company a “hold” rating in a research note on Thursday, October 5th. Finally, Zacks Investment Research downgraded Weatherford International from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. Weatherford International presently has a consensus rating of “Buy” and an average price target of $5.90.

Weatherford International (NYSE:WFT) traded down $0.06 during mid-day trading on Tuesday, hitting $3.99. The stock had a trading volume of 18,940,200 shares, compared to its average volume of 23,730,000. The company has a debt-to-equity ratio of 5.44, a current ratio of 2.04 and a quick ratio of 1.33. The company has a market cap of $4,020.00, a P/E ratio of -2.79 and a beta of 2.32. Weatherford International has a 12 month low of $3.08 and a 12 month high of $7.09.

Weatherford International (NYSE:WFT) last posted its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.02. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.49 billion. Weatherford International had a negative return on equity of 67.44% and a negative net margin of 25.36%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.39) EPS. analysts predict that Weatherford International will post -1.02 EPS for the current fiscal year.

In other Weatherford International news, VP Douglas M. Mills sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $3.75, for a total value of $28,125.00. Following the completion of the transaction, the vice president now owns 271,625 shares in the company, valued at approximately $1,018,593.75. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.16% of the stock is owned by company insiders.

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