As of close of business last night, W & T Offshore Inc’s stock clocked out at $2.58, down -1.15% from its previous closing price of $2.61. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 4166797 shares were traded.
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Ratios:
To gain a deeper understanding of WTI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.06. 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 378.89M and an Enterprise Value of 608.42M. As of this moment, W’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.98, and their Forward P/E ratio for the next fiscal year is 12.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 12.12. Its current Enterprise Value per Revenue stands at 1.14 whereas that against EBITDA is 2.74.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $5.89, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is 2.9696, while the 200-Day Moving Average is calculated to be 3.6948.
Shares Statistics:
It appears that WTI traded 2.79M shares on average per day over the past three months and 3.31M shares per day over the past ten 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 43.49% stake in the company. Shares short for WTI as of Feb 15, 2024 were 20.06M with a Short Ratio of 7.20, compared to 17.45M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.69% and a Short% of Float of 20.56%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.01, WTI has a forward annual dividend rate of 0.01. Against a Trailing Annual Dividend Yield of 0.38%, it implies a Forward Annual Dividend Yield of 1.55%. 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
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of $0.01, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.2 and $0.07 for the fiscal current year, implying an average EPS of $0.13. EPS for the following year is $0.2, with 1 analysts recommending between $0.2 and $0.2.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $139.27M. It ranges from a high estimate of $146M to a low estimate of $132.55M. As of the current estimate, W & T Offshore Inc’s year-ago sales were $163.26M, an estimated decrease of -14.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $142.75M, an increase of 13.70% over than the figure of -$14.70% in the same quarter last year. There is a high estimate of $149M for the next quarter, whereas the lowest estimate is $136.5M.
A total of 3 analysts have provided revenue estimates for WTI’s current fiscal year. The highest revenue estimate was $636M, while the lowest revenue estimate was $568.13M, resulting in an average revenue estimate of $605.71M. In the same quarter a year ago, actual revenue was $532.66M, up 13.70% 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 10.90% from the average revenue estimate for this year.
