Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, W & T Offshore Inc’s stock clocked out at $1.16, up 0.87% from its previous closing price of $1.15. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.89 million shares were traded. WTI stock price reached its highest trading level at $1.18 during the session, while it also had its lowest trading level at $1.14.
Ratios:
To gain a deeper understanding of WTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89.
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 171276320 and an Enterprise Value of 467389408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33. Its current Enterprise Value per Revenue stands at 0.89 whereas that against EBITDA is 3.509.
Stock Price History:
The Beta on a monthly basis for WTI is 0.53, which has changed by -0.5021459 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. 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 -18.30%, while the 200-Day Moving Average is calculated to be -37.74%.
Shares Statistics:
It appears that WTI traded 1.32M shares on average per day over the past three months and 1056810 shares per day over the past ten days. A total of 147.37M shares are outstanding, with a floating share count of 97.90M. Insiders hold about 33.70% of the company’s shares, while institutions hold 36.43% stake in the company. Shares short for WTI as of 1744675200 were 21225305 with a Short Ratio of 16.14, compared to 1741910400 on 21188809. Therefore, it implies a Short% of Shares Outstanding of 21225305 and a Short% of Float of 21.64.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, WTI has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.034782607The stock’s 5-year Average Dividend Yield is 2.53.
Earnings Estimates
A comprehensive evaluation of W & T Offshore Inc (WTI) is underway, with the input of 1.0 analysts contributing to its current rating.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
In the current quarter, 1 analysts expect revenue to total $123.91M. It ranges from a high estimate of $123.91M to a low estimate of $123.91M. As of the current estimate, W & T Offshore Inc’s year-ago sales were $140.79MFor the next quarter, 1 analysts are estimating revenue of $131.28M. There is a high estimate of $131.28M for the next quarter, whereas the lowest estimate is $131.28M.
A total of 1 analysts have provided revenue estimates for WTI’s current fiscal year. The highest revenue estimate was $560.39M, while the lowest revenue estimate was $560.39M, resulting in an average revenue estimate of $560.39M. In the same quarter a year ago, actual revenue was $525.26M
