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The price of W & T Offshore Inc (NYSE: WTI) closed at $1.82 in the last session, down -1.62% from day before closing price of $1.85. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 1.7 million shares were traded. WTI stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.7606.
Ratios:
We take a closer look at WTI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WTI now has a Market Capitalization of 268191568 and an Enterprise Value of 535703808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50. Its current Enterprise Value per Revenue stands at 0.997 whereas that against EBITDA is 3.708.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $3.28, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -0.26%, while the 200-Day Moving Average is calculated to be -15.24%.
Shares Statistics:
According to the various share statistics, WTI traded on average about 2.11M shares per day over the past 3-months and 2376560 shares per day over the past 10 days. A total of 147.34M shares are outstanding, with a floating share count of 97.73M. Insiders hold about 33.68% of the company’s shares, while institutions hold 35.23% stake in the company. Shares short for WTI as of 1735603200 were 18825717 with a Short Ratio of 8.93, compared to 1732838400 on 15802797. Therefore, it implies a Short% of Shares Outstanding of 18825717 and a Short% of Float of 19.17.
Dividends & Splits
The forward annual dividend rate for WTI is 0.04, which was 0.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02162162The stock’s 5-year Average Dividend Yield is 2.53.
Earnings Estimates
The current rating of W & T Offshore Inc (WTI) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.61 and -$0.61 for the fiscal current year, implying an average EPS of -$0.61. EPS for the following year is -$0.44, with 2.0 analysts recommending between -$0.42 and -$0.46.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $130.04M. It ranges from a high estimate of $130.04M to a low estimate of $130.04M. As of the current estimate, W & T Offshore Inc’s year-ago sales were $132.34MFor the next quarter, 1 analysts are estimating revenue of $135.72M. There is a high estimate of $135.72M for the next quarter, whereas the lowest estimate is $135.72M.
A total of 1 analysts have provided revenue estimates for WTI’s current fiscal year. The highest revenue estimate was $534.95M, while the lowest revenue estimate was $534.95M, resulting in an average revenue estimate of $534.95M. In the same quarter a year ago, actual revenue was $532.66MBased on 2 analysts’ estimates, the company’s revenue will be $589.11M in the next fiscal year. The high estimate is $619.9M and the low estimate is $558.32M.
