W&T Offshore, Inc. (WTI) Stock: Surpassing Expectations in the Market?

Stifel has recently resumed W&T Offshore, Inc. (WTI) stock to Buy rating, as announced on October 25, 2022, according to Finviz. Earlier, on October 20, 2021, Stifel had raised the stock from a Hold to Buy, setting a price target of $6.90 for WTI stock. CapitalOne also raised Equal Weight rating. Additionally, ROTH Capital raised Buy rating on April 17, 2020. Stifel analysts, in their report published on March 9, 2020, also reduced Hold rating and set a price target of $8 for W&T Offshore, Inc.’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.


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W&T Offshore, Inc. (WTI) Stock Trading Recap

On Wednesday, W&T Offshore, Inc. (WTI) stock saw a modest uptick, ending the day at $2.16 which represents a slight increase of $0.02 or 0.93% from the prior close of $2.14. The stock opened at $2.17 and touched a low of $2.13 during the day, reaching a high of $2.19. The volume of shares traded was 1.33 million falling short of the average volume of 1.73 million.

WTI Stock Performance and Moving Averages

In recent trading, W&T Offshore, Inc. (WTI) stock price has shown some volatility, fluctuating 3.35% over the last five trades and -6.90% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -3.14%, and it has plunged by -7.69% in the previous three months. Currently, WTI is trading at -3.07%, -0.79%, and -10.32% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, WTI, a Energy sector stock, is trading -50.00% below its 52-week high but remains 12.50% above its 52-week low. The Average True Range (ATR) (14 days) of 0.1 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

W&T Offshore, Inc.’s Profitability and Valuation Ratios

W&T Offshore, Inc.’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 2.30% and a profit margin of -4.51%, with a gross margin of -3.14%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, W&T Offshore, Inc.’s market capitalization stands at $318.27 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.57, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 63.51, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 33.69% of W&T Offshore, Inc. (WTI)’s shares, while financial institutions hold 37.06%.

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