At the time of writing, W & T Offshore Inc [WTI] stock is trading at $1.81, saw in change for the day. An important factor to consider is whether the stock is rising or falling in short-term value. The WTI shares have gain 2.84% over the last week, with a monthly amount glided 4.02%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Stifel upgraded its rating to Buy on October 20, 2021, and elevated its price target to $6.90. On November 05, 2020, upgrade upgraded it’s rating to Equal Weight. ROTH Capital upgraded its rating to a Buy. Stifel downgraded its rating to a Hold and reduced its price target to $2 on March 09, 2020. Stifel started tracking with a Buy rating for this stock on March 08, 2019, and assigned it a price target of $10. In a note dated May 23, 2018, ROTH Capital initiated an Neutral rating and provided a target price of $8.75 on this stock.
For the past year, the stock price of W & T Offshore Inc fluctuated between $1.09 and $2.84. W & T Offshore Inc [NYSE: WTI] shares were valued at $1.81 at the most recent close of the market.
Analyzing the WTI fundamentals
According to W & T Offshore Inc [NYSE:WTI], the company’s sales were 493.95M for trailing twelve months, which represents an -14.28% plunge. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is 1.66 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that W & T Offshore Inc [NYSE:WTI] has a current ratio of 1.19. On the other hand, the Quick Ratio is 1.19, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 0.54.