Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $70.15 in the prior trading day, Tidewater Inc. (NYSE: TDW) closed at $70.68, up 0.76%. In other words, the price has increased by $0.76 from its previous closing price. On the day, 0.59 million shares were traded. TDW stock price reached its highest trading level at $72.63 during the session, while it also had its lowest trading level at $68.85.
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 11.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.56.
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 this company, Johnson Rice on February 09, 2024, initiated with a Buy rating and assigned the stock a target price of $88.
On July 14, 2023, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $85.Raymond James initiated its Strong Buy rating on July 14, 2023, with a $85 target price.
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 Jun 12 ’24 when Kneen Quintin sold 201,094 shares for $105.86 per share. The transaction valued at 21,288,816 led to the insider holds 134,624 shares of the business.
Kneen Quintin sold 166,000 shares of TDW for $17,223,496 on Jun 11 ’24. The DIRECTOR, PRESIDENT & CEO now owns 335,718 shares after completing the transaction at $103.76 per share. On Jun 12 ’24, another insider, Traub Kenneth, who serves as the Director of the company, sold 20,000 shares for $106.38 each. As a result, the insider received 2,127,606 and left with 68,802 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TDW now has a Market Capitalization of 3710099200 and an Enterprise Value of 4102933248. As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.41, and their Forward P/E ratio for the next fiscal year is 8.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 3.25 whereas that against EBITDA is 9.733.
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 $54.53. The 50-Day Moving Average of the stock is -21.95%, while the 200-Day Moving Average is calculated to be -16.72%.
Shares Statistics:
The stock has traded on average 992.04K shares per day over the past 3-months and 1049850 shares per day over the last 10 days, according to various share statistics. A total of 52.26M shares are outstanding, with a floating share count of 49.73M. Insiders hold about 5.26% of the company’s shares, while institutions hold 103.16% stake in the company. Shares short for TDW as of 1724976000 were 4910728 with a Short Ratio of 4.95, compared to 1722384000 on 5565363. Therefore, it implies a Short% of Shares Outstanding of 4910728 and a Short% of Float of 10.2.
