Frank’s International N.V. (NYSE:FI) shares traded -2.2% down during most recent session to reach at the closing price of $7.55. The stock exchanged hands 2.55 Million shares versus average trading capacity of 1.34 Million shares, yielding a market cap of $1.68 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $8.47 within the next 52-weeks. The mean target projections are based on 15 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 $5.
JP Morgan “Downgrades” Frank’s International N.V. (NYSE:FI) in a research note issued to investors on 9/27/17 to Underweight with price target of $0.
Additionally on 9/12/17 JP Morgan “Maintained” Frank’s International N.V. (NYSE:FI) to Neutral setting price target at $7 and on 8/25/17 RBC Capital “Upgrades” the stock to Outperform at $0. Furthermore on 8/08/17 Barclays “Maintained” the stock to Equal-Weight at $8.
On the other hand the company has Relative Strength Index (RSI 14) of 52.43 along with Average True Range (ATR 14) of 0.24, Consequently Frank’s International N.V. (NYSE:FI)’s weekly and monthly volatility is 3.14%, 3.40% respectively. The company’s beta value is at 1.17.
In terms of Buy, Sell or Hold recommendations, Frank’s International N.V. (NYSE:FI) has analysts’ mean recommendation of 3.2. 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 $-0.12 and can go high up to $-0.08. The consensus mean EPS for the current quarter is at $-0.1 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.13 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%.
While considering growth estimates of the company, it has next quarter growth estimates of 50% whereas during current quarter it has 23.1% estimations over growth, comparing to the estimations of 19.2% during current year and 42.9% for next year. Past 5 years growth of Frank’s International N.V. (NYSE:FI) observed at -41.61%, looking forward for the next 5 years it has a strong prediction of -67.9% over growth.
Frank’s International N.V. (NYSE:FI)’s revenue estimates for the current quarter are $120.79 Million according to 12 number of analysts, for the current quarter the company has high revenue estimates of $122.4 Million in contradiction of low revenue estimates of $117.88 Million. For the current year the company’s revenue estimates are $477.96 Million compared to low analyst estimates of $469.87 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 12.7%, whereas shares owned by institutional owners are 31.9%. However the six-month change in the insider ownership was recorded -28.69%, as well as three-month change in the institutional ownership was recorded 3.75%.
Frank’s International N.V. (NYSE:FI) 52-week high price stands at $14.86 and low price stands at $6.03, its price distance from 52-week high is -49.19% while its distance from 52-week low price is 25.1%. The stock hit its 52-week high on 10/07/16, and 52-week low on 08/21/17.
Frank’s International N.V. (NYSE:FI)’s trailing twelve month revenues are $441.5 Million, whereas its price to sales ratio for the same period is 3.81. Its book value per share for the most recent quarter is $5.54 while its price to book ratio for the same period is 1.36, as for as the company’s cash per share for the most recent quarter is $1.23, however its price to cash per share ratio for the same period is 6.12. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.