W & T Offshore Inc [NYSE: WTI] stock went on an upward path that rose over 9188292% on Monday, amounting to a one-week price decrease of less than -4.65%.
Over the last 12 months, WTI stock rose by 23.49%. The one-year W & T Offshore Inc stock forecast points to a potential downside of -31699246.41. The average equity rating for WTI stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $302.68 million, with 147.64 million shares outstanding and 97.43 million shares in the current float. Compared to the average trading volume of 1.94M shares, WTI stock reached a trading volume of 9188292 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on W & T Offshore Inc [WTI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WTI shares is $6.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WTI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for W & T Offshore Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 25, 2022. While these analysts kept the previous recommendation, Stifel raised their target price from $5.10 to $6.90. The new note on the price target was released on October 20, 2021, representing the official price target for W & T Offshore Inc stock.
Price to Free Cash Flow for WTI in the course of the last twelve months was 46.35 with Quick ratio for the last quarter at 1.18.
WTI Stock Performance Analysis:
W & T Offshore Inc [WTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.65. With this latest performance, WTI shares gained by 46.43% in over the last four-week period, additionally plugging by 30.57% over the last 6 months – not to mention a rise of 23.49% in the past year of trading.
Insight into W & T Offshore Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and W & T Offshore Inc [WTI] shares currently have an operating margin of -9.81% and a Gross Margin at 6.14%. W & T Offshore Inc’s Net Margin is presently recorded at -20.66%.
Return on Equity for this stock declined to -9.88%, with Return on Assets sitting at -9.88%.
W & T Offshore Inc [WTI] Institutonal Ownership Details
The top three institutional holders of WTI stocks are: BLACKROCK INC. with ownership of 8.22 million shares, which is approximately 5.5968%. VANGUARD GROUP INC, holding 7.11 million shares of the stock with an approximate value of $$15.22 million in WTI stocks shares; and VANGUARD GROUP INC, currently with $$10.19 million in WTI stock with ownership which is approximately 3.2419%.
