Frank’s International N.V. (NYSE:FI) shares traded 1.09% up during most recent session to reach at the closing price of $8.37. The stock exchanged hands 1.34 Million shares versus average trading capacity of 1.17 Million shares, yielding a market cap of $1.99 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.43 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Frank’s International N.V. (NYSE:FI) high price target of $17 and with a conservative view have low price target of $6.
Morgan Stanley “Downgrades” Frank’s International N.V. (NYSE:FI) in a research note issued to investors on 6/21/17 to Underweight with price target of $0.
Additionally on 3/24/17 Jefferies “Upgrades” Frank’s International N.V. (NYSE:FI) to Hold setting price target at $11 and on 12/16/16 RBC Capital “Downgrades” the stock to Underperform at $14. Furthermore on 12/16/16 Goldman Sachs “Downgrades” the stock to Sell at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 52.48 along with Average True Range (ATR 14) of 0.38, Consequently Frank’s International N.V. (NYSE:FI)’s weekly and monthly volatility is 4.67%, 4.54% respectively. The company’s beta value is at 1.12.
In terms of Buy, Sell or Hold recommendations, Frank’s International N.V. (NYSE:FI) has analysts’ mean recommendation of 3.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Frank’s International N.V. (NYSE:FI)’s minimum EPS for the current quarter is at $-0.14 and can go high up to $-0.09. The consensus mean EPS for the current quarter is at $-0.11 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.11 earnings per share for the same quarter during last year.
Previously Frank’s International N.V. (NYSE:FI) reported $-0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.11 by $-0.01. The company posted an earnings surprise of -9.1%.
Frank’s International N.V. (NYSE:FI)’s revenue estimates for the current quarter are $113.33 Million according to 11 number of analysts, for the current quarter the company has high revenue estimates of $116.7 Million in contradiction of low revenue estimates of $111 Million. For the current year the company’s revenue estimates are $475.36 Million compared to low analyst estimates of $450.6 Million and high estimates of $517 Million according to 15 number of analysts.
Currently Frank’s International N.V. (NYSE:FI)’s shares owned by insiders are 24.2%, whereas shares owned by institutional owners are 30.7%. However the six-month change in the insider ownership was recorded -21.08%, as well as three-month change in the institutional ownership was recorded -0.15%.
Frank’s International N.V. (NYSE:FI) 52-week high price stands at $15.14 and low price stands at $7.02, its price distance from 52-week high is -44.72% while its distance from 52-week low price is 19.23%. The stock hit its 52-week high on 07/27/16, and 52-week low on 05/31/17.
Frank’s International N.V. (NYSE:FI)’s trailing twelve month revenues are $444.8 Million, whereas its price to sales ratio for the same period is 4.48. Its book value per share for the most recent quarter is $5.72 while its price to book ratio for the same period is 1.46, as for as the company’s cash per share for the most recent quarter is $1.19, however its price to cash per share ratio for the same period is 7.01. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.