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In the latest session, Tidewater Inc. (NYSE: TDW) closed at $73.71 down -4.74% from its previous closing price of $77.38. In other words, the price has decreased by -$4.74 from its previous closing price. On the day, 0.85 million shares were traded. TDW stock price reached its highest trading level at $77.1 during the session, while it also had its lowest trading level at $73.09.
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 12.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.84. 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:
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 3869148416 and an Enterprise Value of 4261982464. As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.42, and their Forward P/E ratio for the next fiscal year is 8.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 3.58. Its current Enterprise Value per Revenue stands at 3.376 whereas that against EBITDA is 10.11.
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 -14.91%, while the 200-Day Moving Average is calculated to be -13.85%.
Shares Statistics:
For the past three months, TDW has traded an average of 836.25K shares per day and 962290 over the past ten days. 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 100.89% stake in the company. Shares short for TDW as of 1724976000 were 4910728 with a Short Ratio of 4.94, compared to 1722384000 on 5565363. Therefore, it implies a Short% of Shares Outstanding of 4910728 and a Short% of Float of 10.2.
