Research Analysts’ Weekly Ratings Changes for Frank’s International N.V. (FI)

Frank’s International N.V. (NYSE: FI) recently received a number of ratings updates from brokerages and research firms:

  • 11/3/2017 – Frank’s International N.V. had its price target lowered by analysts at Jefferies Group LLC from $8.00 to $7.50. They now have a “hold” rating on the stock.
  • 11/3/2017 – Frank’s International N.V. had its “hold” rating reaffirmed by analysts at Scotiabank. They now have a $12.00 price target on the stock.
  • 10/22/2017 – Frank’s International N.V. had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies.
  • 10/16/2017 – Frank’s International N.V. had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $8.00 price target on the stock.
  • 10/10/2017 – Frank’s International N.V. is now covered by analysts at Deutsche Bank AG. They set a “hold” rating and a $7.00 price target on the stock.
  • 10/8/2017 – Frank’s International N.V. was given a new $10.00 price target on by analysts at Royal Bank Of Canada. They now have a “buy” rating on the stock.
  • 10/5/2017 – Frank’s International N.V. was given a new $9.00 price target on by analysts at Jefferies Group LLC. They now have a “hold” rating on the stock.
  • 9/27/2017 – Frank’s International N.V. was downgraded by analysts at J P Morgan Chase & Co from a “neutral” rating to an “underweight” rating. They now have a $7.00 price target on the stock.
  • 9/12/2017 – Frank’s International N.V. had its price target lowered by analysts at J P Morgan Chase & Co from $9.00 to $7.00. They now have a “neutral” rating on the stock.

Frank’s International N.V. (FI) opened at $7.06 on Monday.

Frank’s International N.V. (NYSE:FI) last announced its quarterly earnings data on Thursday, November 2nd. The pipeline company reported ($0.11) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.11). Frank’s International N.V. had a negative return on equity of 9.25% and a negative net margin of 26.21%. The firm had revenue of $108.08 million during the quarter, compared to analyst estimates of $120.42 million. During the same period last year, the company posted ($0.14) EPS. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. analysts predict that Frank’s International N.V. will post -0.44 earnings per share for the current fiscal year.

In other news, major shareholder Wbm Partnership, Lp sold 450,000 shares of Frank’s International N.V. stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $7.49, for a total transaction of $3,370,500.00. Following the completion of the sale, the insider now directly owns 8,653,867 shares in the company, valued at approximately $64,817,463.83. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Alejandro Cestero sold 7,355 shares of Frank’s International N.V. stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $6.81, for a total value of $50,087.55. Following the sale, the senior vice president now owns 2,442 shares of the company’s stock, valued at $16,630.02. The disclosure for this sale can be found here. Insiders have sold a total of 4,907,355 shares of company stock valued at $33,779,088 over the last 90 days. Corporate insiders own 77.90% of the company’s stock.

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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