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The closing price of W & T Offshore Inc (NYSE: WTI) was $2.37 for the day, down -1.66% from the previous closing price of $2.41. In other words, the price has decreased by $-1.66 from its previous closing price. On the day, 1.56 million shares were traded. WTI stock price reached its highest trading level at $2.41 during the session, while it also had its lowest trading level at $2.32.
Ratios:
Our analysis of WTI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 12.92 whereas as Long-Term Debt/Eq ratio is at 11.93.
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 348051040 and an Enterprise Value of 577575744. As of this moment, W’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 11.14. Its current Enterprise Value per Revenue stands at 1.084 whereas that against EBITDA is 3.378.
Stock Price History:
The Beta on a monthly basis for WTI is 1.55, which has changed by -0.4526559 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, WTI has reached a high of $4.64, while it has fallen to a 52-week low of $2.37. The 50-Day Moving Average of the stock is -12.99%, while the 200-Day Moving Average is calculated to be -32.10%.
Shares Statistics:
WTI traded an average of 2.86M shares per day over the past three months and 2203570 shares per day over the past ten days. A total of 146.58M shares are outstanding, with a floating share count of 97.25M. Insiders hold about 33.78% of the company’s shares, while institutions hold 43.39% stake in the company. Shares short for WTI as of 1711584000 were 19541828 with a Short Ratio of 6.84, compared to 1709164800 on 19776545. Therefore, it implies a Short% of Shares Outstanding of 19541828 and a Short% of Float of 19.97.
Dividends & Splits
With its trailing 12-month dividend rate of 0.01, WTI has a forward annual dividend rate of 0.02. The stock’s 5-year Average Dividend Yield is 2.53.
Earnings Estimates
The market rating of W & T Offshore Inc (WTI) is currently shaped by the ongoing analysis conducted by 2 analysts closely monitoring its performance.On average, analysts expect EPS of $-0.05 for the current quarter, with a high estimate of $-0.02 and a low estimate of $-0.09, while EPS last year was $0.17. The consensus estimate for the next quarter is $-0.06, with high estimates of $-0.05 and low estimates of $-0.07.
Analysts are recommending an EPS of between $-0.15 and $-0.15 for the fiscal current year, implying an average EPS of $-0.15. EPS for the following year is $-0.15, with 1 analysts recommending between $-0.15 and $-0.15.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $152.13M to a low estimate of $127M. As of the current estimate, W & T Offshore Inc’s year-ago sales were $163.26M, an estimated decrease of -14.50% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $143.28M, an increase of 14.10% over than the figure of $-14.50% in the same quarter last year. There is a high estimate of $153.57M for the next quarter, whereas the lowest estimate is $133M.
A total of 2 analysts have provided revenue estimates for WTI’s current fiscal year. The highest revenue estimate was $647.34M, while the lowest revenue estimate was $557M, resulting in an average revenue estimate of $602.17M. In the same quarter a year ago, actual revenue was $532.66M, up 13.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $576M in the next fiscal year. The high estimate is $576M and the low estimate is $576M. The average revenue growth estimate for next year is down -4.30% from the average revenue estimate for this year.
