W & T Offshore Inc (NYSE:WTI) currently has a daily average trading volume of 1.72M but it saw 8381492 shares traded in last market. With a market cap of 348.46M USD, the company’s current market price of $2.36 came rising about 5.83 while comparing to the previous closing price of $2.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.84 and as low as $1.09. In the recent trading on the day, stock has struck highest price mark of $2.27 while lowest mark touched by it was $2.4899.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which resumed the stock as “Buy” in its note to investors issued on October 25, 2022, recommending a price target of $9.10 for it. Stifel upgraded its recommendation for the stock as a “Buy” from “Hold” on October 20, 2021 while assigning a price target range of $5.10-$6.90.
Over the week, WTI’s stock price is moving 26.20% up while it is 62.76% when we observe its performance for the past one month. Year-to-date it is 42.17% up and over the past year, the stock is showing an upside performance of 16.26%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of -0.15 while estimate for next year EPS is -0.45. In next quarter, company is expected to be making quarterly sales of $140M as analysts are expecting the sales for current fiscal year at $541.3M and seeing the company making $584.7M in sales next year. Moreover, analysts are in estimates of $124.75M for current-quarter revenue.
Currently, W & T Offshore Inc’s total number of outstanding shares is 147.64M. Company’s return on investment (ROI) stands at -39.84% and return on equity (ROE) at -168.88%. Stock’s beta reads 0.65. Stock has a price to sale or P/S ratio amounts to 0.68. Its return on asset (ROA) is -9.88% on average.
