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In the latest session, Tidewater Inc (NYSE: TDW) closed at $55.07 down -1.78% from its previous closing price of $56.07. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 1.8 million shares were traded. TDW stock price reached its highest trading level at $56.55 during the session, while it also had its lowest trading level at $53.73.
Ratios:
For a deeper understanding of Tidewater Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.70. 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, Raymond James on Nov-12-24, Downgraded its rating to Outperform and sets its target price to $102 from $131 previously.
On February 09, 2024, Johnson Rice started tracking the stock assigning a Buy rating and target price of $88.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2881427712 and an Enterprise Value of 3248404480. As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.18, and their Forward P/E ratio for the next fiscal year is 7.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 2.492 whereas that against EBITDA is 7.504.
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 -19.12%, while the 200-Day Moving Average is calculated to be -35.30%.
Shares Statistics:
For the past three months, TDW has traded an average of 986.72K shares per day and 1190920 over the past ten days. A total of 52.26M shares are outstanding, with a floating share count of 49.57M. Insiders hold about 5.26% of the company’s shares, while institutions hold 104.12% stake in the company. Shares short for TDW as of 1728950400 were 5597659 with a Short Ratio of 5.67, compared to 1726185600 on 4134600. Therefore, it implies a Short% of Shares Outstanding of 5597659 and a Short% of Float of 11.63.
