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The price of W & T Offshore Inc (NYSE: WTI) closed at $1.94 in the last session, up 3.74% from day before closing price of $1.87. In other words, the price has increased by $3.74 from its previous closing price. On the day, 2.08 million shares were traded.
Ratios:
We take a closer look at WTI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18.
On October 20, 2021, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $5.10 to $6.90.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $2.84, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is 41.81%, while the 200-Day Moving Average is calculated to be 11.04%.
Shares Statistics:
A total of 147.64M shares are outstanding, with a floating share count of 97.43M. Insiders hold about 34.01% of the company’s shares, while institutions hold 37.56% stake in the company.
Earnings Estimates
The current market rating for W & T Offshore Inc (WTI) reflects the collective analysis of 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.36 and -$0.36 for the fiscal current year, implying an average EPS of -$0.36.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $131.3M. It ranges from a high estimate of $131.3M to a low estimate of $131.3M. As of the current estimate, W & T Offshore Inc’s year-ago sales were $142.76MFor the next quarter, 1 analysts are estimating revenue of $144.4M. There is a high estimate of $144.4M for the next quarter, whereas the lowest estimate is $144.4M.
A total of 1 analysts have provided revenue estimates for WTI’s current fiscal year. The highest revenue estimate was $560.4M, while the lowest revenue estimate was $560.4M, resulting in an average revenue estimate of $560.4M. In the same quarter a year ago, actual revenue was $525.26M
