The price of W & T Offshore Inc (NYSE: WTI) closed at $2.60 in the last session, down -1.89% from day before closing price of $2.65. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 2567746 shares were traded.
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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 2.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.15. 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 381.83M and an Enterprise Value of 611.35M. As of this moment, W’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.17, and their Forward P/E ratio for the next fiscal year is 13.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 12.22. Its current Enterprise Value per Revenue stands at 1.15 whereas that against EBITDA is 2.75.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $5.64, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is 2.8544, while the 200-Day Moving Average is calculated to be 3.6274.
Shares Statistics:
According to the various share statistics, WTI traded on average about 2.97M shares per day over the past 3-months and 4.77M shares per day over the past 10 days. A total of 146.58M shares are outstanding, with a floating share count of 97.16M. Insiders hold about 33.84% of the company’s shares, while institutions hold 43.51% stake in the company. Shares short for WTI as of Feb 29, 2024 were 19.78M with a Short Ratio of 6.65, compared to 19.17M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.47% and a Short% of Float of 20.21%.
Dividends & Splits
The forward annual dividend rate for WTI is 0.02, which was 0.01 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.38%, it implies a Forward Annual Dividend Yield of 1.54%. The stock’s 5-year Average Dividend Yield is 2.53. The current Payout Ratio is 9.51% for WTI, which recently paid a dividend on Mar 25, 2024 with an ex-dividend date of Mar 15, 2024. Stock splits for the company last occurred on Jan 29, 2004 when the company split stock in a 500:1 ratio.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0.01, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.2 and $0.2 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.2, with 1 analysts recommending between $0.2 and $0.2.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $146M. It ranges from a high estimate of $146M to a low estimate of $146M. As of the current estimate, W & T Offshore Inc’s year-ago sales were $163.26M, an estimated decrease of -10.60% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $136.5M, an increase of 8.70% over than the figure of -$10.60% in the same quarter last year. There is a high estimate of $136.5M for the next quarter, whereas the lowest estimate is $136.5M.
A total of 1 analysts have provided revenue estimates for WTI’s current fiscal year. The highest revenue estimate was $613M, while the lowest revenue estimate was $613M, resulting in an average revenue estimate of $613M. In the same quarter a year ago, actual revenue was $532.66M, up 15.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $672M in the next fiscal year. The high estimate is $672M and the low estimate is $672M. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
