Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Tidewater Inc (NYSE: TDW) closed at $56.51 in the last session, up 3.40% from day before closing price of $54.65. In other words, the price has increased by $3.40 from its previous closing price. On the day, 1.02 million shares were traded. TDW stock price reached its highest trading level at $57.56 during the session, while it also had its lowest trading level at $54.35.
Ratios:
We take a closer look at TDW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.91. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
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 2956772608 and an Enterprise Value of 3323749376. As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.60, and their Forward P/E ratio for the next fiscal year is 11.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 2.55 whereas that against EBITDA is 7.678.
Stock Price History:
The Beta on a monthly basis for TDW is 1.05, which has changed by -0.20055586 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. 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 6.84%, while the 200-Day Moving Average is calculated to be -29.08%.
Shares Statistics:
According to the various share statistics, TDW traded on average about 1.16M shares per day over the past 3-months and 1253230 shares per day over the past 10 days. A total of 52.32M shares are outstanding, with a floating share count of 49.56M. Insiders hold about 5.28% of the company’s shares, while institutions hold 99.93% stake in the company. Shares short for TDW as of 1735603200 were 7121032 with a Short Ratio of 6.16, compared to 1732838400 on 5631284. Therefore, it implies a Short% of Shares Outstanding of 7121032 and a Short% of Float of 14.850000999999999.
