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After finishing at $52.79 in the prior trading day, Tidewater Inc (NYSE: TDW) closed at $51.43, down -2.58%. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 1.54 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TDW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 15, 2025, Downgraded its rating to In-line and sets its target price to $68 from $112 previously.
On November 29, 2024, DNB Markets started tracking the stock assigning a Buy rating and target price of $70.
Raymond James Downgraded its Strong Buy to Outperform on November 11, 2024, whereas the target price for the stock was revised from $131 to $102.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 17 ’24 when ROBOTTI ROBERT bought 2,067 shares for $48.26 per share. The transaction valued at 99,758 led to the insider holds 2,181,340 shares of the business.
Kneen Quintin bought 41,615 shares of TDW for $1,999,921 on Dec 13 ’24. The DIRECTOR, PRESIDENT & CEO now owns 176,239 shares after completing the transaction at $48.06 per share. On Dec 13 ’24, another insider, ROBOTTI ROBERT, who serves as the Director of the company, bought 17,147 shares for $47.59 each. As a result, the insider paid 815,985 and bolstered with 2,175,273 shares of the company.
Valuation Measures:
As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.11, and their Forward P/E ratio for the next fiscal year is 10.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 2.41.
Stock Price History:
Over the past 52 weeks, TDW has reached a high of $111.42, while it has fallen to a 52-week low of $46.50. The 50-Day Moving Average of the stock is -3.17%, while the 200-Day Moving Average is calculated to be -31.33%.
Shares Statistics:
A total of 52.32M shares are outstanding, with a floating share count of 49.42M. Insiders hold about 5.54% of the company’s shares, while institutions hold 100.54% stake in the company.