Wt Offshore Stock Buy Hold or Sell Recommendation
| WTI Stock | USD 2.36 0.04 1.67% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding WT Offshore is 'Strong Hold'. Macroaxis provides WT Offshore buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WTI positions. The advice algorithm takes into account all of WT Offshore's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting WT Offshore's buy or sell advice are summarized below:
Real Value 4.33 | Target Price 9.9 | Hype Value 2.39 | Market Value 2.36 | Naive Value 2.02 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell WT Offshore given historical horizon and risk tolerance towards WT Offshore. When Macroaxis issues a 'buy' or 'sell' recommendation for WT Offshore, the advice is generated through an automated system that utilizes algorithms and statistical models.
WTI |
Execute WT Offshore Buy or Sell Advice
The WTI recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on WT Offshore. Macroaxis does not own or have any residual interests in WT Offshore or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute WT Offshore's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
WT Offshore Trading Alerts and Improvement Suggestions
| WT Offshore generated a negative expected return over the last 90 days | |
| WT Offshore has a strong financial position based on the latest SEC filings | |
| About 34.0% of the company outstanding shares are owned by insiders | |
| On 25th of March 2024 WT Offshore paid $ 0.01 per share dividend to its current shareholders | |
| Latest headline from oilprice.com: s Stabilize as Geopolitical Risk Cools |
WT Offshore Returns Distribution Density
The distribution of WT Offshore's historical returns is an attempt to chart the uncertainty of WT Offshore's future price movements. The chart of the probability distribution of WT Offshore daily returns describes the distribution of returns around its average expected value. We use WT Offshore price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of WT Offshore returns is essential to provide solid investment advice for WT Offshore.
| Mean Return | -0.08 | Value At Risk | -4.47 | Potential Upside | 4.33 | Standard Deviation | 2.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of WT Offshore historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
WTI Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as WT Offshore is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WT Offshore backward and forwards among themselves. WT Offshore's institutional investor refers to the entity that pools money to purchase WT Offshore's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Deprince Race & Zollo Inc | 2023-12-31 | 1.3 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Northern Trust Corp | 2023-12-31 | 1.2 M | Renaissance Technologies Corp | 2023-12-31 | 1.1 M | First Trust Advisors L.p. | 2023-12-31 | 935.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 929.8 K | Millennium Management Llc | 2023-12-31 | 861.3 K | Susquehanna International Group, Llp | 2023-12-31 | 826.3 K | D. E. Shaw & Co Lp | 2023-09-30 | 803.7 K | Blackrock Inc | 2023-12-31 | 8.4 M | State Street Corporation | 2023-12-31 | 7.4 M |
WT Offshore Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (860K) | 11.3M | 206.5M | 215.6M | (288.0M) | (273.6M) | |
| Free Cash Flow | (81.6M) | 87.4M | 100.9M | 246.3M | 34.3M | 59.1M | |
| Other Non Cash Items | 132.0M | (22.6M) | 32.8M | (71.1M) | (90.7M) | (86.1M) | |
| Capital Expenditures | 313.8M | 21.1M | 32.7M | 93.2M | 81.1M | 77.0M | |
| Net Income | 74.1M | 37.8M | (41.5M) | 231.1M | 15.6M | 16.4M | |
| End Period Cash Flow | 32.4M | 43.7M | 250.2M | 465.8M | 177.8M | 118.6M | |
| Change To Netincome | (12.0M) | (100.9M) | 143.2M | 62.4M | 71.8M | 74.5M | |
| Depreciation | 148.5M | 120.3M | 113.4M | 133.6M | 143.7M | 215.2M | |
| Change To Inventory | (26M) | 20.1M | (4.0M) | (4.2M) | (3.8M) | (3.6M) | |
| Change Receivables | (9.6M) | 18.5M | (16.1M) | (11.2M) | (10.1M) | (9.6M) | |
| Net Borrowings | 150M | (48.9M) | 101.0M | (44.6M) | (40.2M) | (38.2M) | |
| Investments | (313.8M) | (47.6M) | (27.4M) | (95.1M) | (84.9M) | (89.1M) |
WT Offshore Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to WT Offshore or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that WT Offshore's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a WTI stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.19 | |
β | Beta against NYSE Composite | 1.09 | |
σ | Overall volatility | 2.69 | |
Ir | Information ratio | -0.06 |
WT Offshore Volatility Alert
WT Offshore exhibits very low volatility with skewness of 0.16 and kurtosis of 0.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure WT Offshore's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact WT Offshore's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.WT Offshore Fundamentals Vs Peers
Comparing WT Offshore's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze WT Offshore's direct or indirect competition across all of the common fundamentals between WT Offshore and the related equities. This way, we can detect undervalued stocks with similar characteristics as WT Offshore or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of WT Offshore's fundamental indicators could also be used in its relative valuation, which is a method of valuing WT Offshore by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare WT Offshore to competition |
| Fundamentals | WT Offshore | Peer Average |
| Return On Equity | 0.8 | -0.31 |
| Return On Asset | 0.0134 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 577.58 M | 16.62 B |
| Shares Outstanding | 146.86 M | 571.82 M |
| Shares Owned By Insiders | 33.78 % | 10.09 % |
| Shares Owned By Institutions | 44.39 % | 39.21 % |
| Number Of Shares Shorted | 19.54 M | 4.71 M |
| Price To Earning | 3.98 X | 28.72 X |
| Price To Book | 12.24 X | 9.51 X |
| Price To Sales | 0.72 X | 11.42 X |
| Revenue | 532.66 M | 9.43 B |
| Gross Profit | 661.46 M | 27.38 B |
| EBITDA | 167.57 M | 3.9 B |
| Net Income | 15.6 M | 570.98 M |
| Cash And Equivalents | 461.36 M | 2.7 B |
| Cash Per Share | 3.12 X | 5.01 X |
| Total Debt | 402.86 M | 5.32 B |
| Debt To Equity | 5.55 % | 48.70 % |
| Current Ratio | 1.60 X | 2.16 X |
| Book Value Per Share | 0.21 X | 1.93 K |
| Cash Flow From Operations | 115.33 M | 971.22 M |
| Short Ratio | 5.27 X | 4.00 X |
| Earnings Per Share | 0.11 X | 3.12 X |
| Price To Earnings To Growth | (0.18) X | 4.89 X |
| Target Price | 8.75 | |
| Number Of Employees | 395 | 18.84 K |
| Beta | 1.55 | -0.15 |
| Market Capitalization | 352.46 M | 19.03 B |
| Total Asset | 1.11 B | 29.47 B |
| Retained Earnings | (530.66 M) | 9.33 B |
| Working Capital | 48.13 M | 1.48 B |
Note: Exercise or conversion by William Williford of 8063 shares of WT Offshore subject to Rule 16b-3 [view details]
WT Offshore Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as WTI . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About WT Offshore Buy or Sell Advice
When is the right time to buy or sell WT Offshore? Buying financial instruments such as WTI Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Liabilities | 1.4B | 1.4B | 1.1B | 1.3B | Other Stockholder Equity | 528.8M | 552.4M | 561.8M | 533.8M |
Use Investing Ideas to Build Portfolios
In addition to having WT Offshore in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
| View All Next | Launch |
Check out WT Offshore Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for WTI Stock analysis
When running WT Offshore's price analysis, check to measure WT Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WT Offshore is operating at the current time. Most of WT Offshore's value examination focuses on studying past and present price action to predict the probability of WT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Offshore's price. Additionally, you may evaluate how the addition of WT Offshore to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is WT Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WT Offshore. If investors know WTI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WT Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 0.01 | Earnings Share 0.11 | Revenue Per Share 3.636 | Quarterly Revenue Growth (0.30) |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.