Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Tidewater Inc. (NYSE: TDW) closed at $91.42 down -0.47% from its previous closing price of $91.85. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 0.8 million shares were traded. TDW stock price reached its highest trading level at $93.67 during the session, while it also had its lowest trading level at $90.955.
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 17.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 81.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.61.
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 Mar 05 ’24 when Rubio Samuel R sold 19,641 shares for $81.36 per share. The transaction valued at 1,597,992 led to the insider holds 98,036 shares of the business.
Darling David E sold 17,821 shares of TDW for $1,462,748 on Mar 05 ’24. The EVP, COO & CHIEF HR OFFICER now owns 85,959 shares after completing the transaction at $82.08 per share. On Mar 05 ’24, another insider, Hudson Daniel A., who serves as the EVP & GENERAL COUNSEL of the company, sold 8,000 shares for $82.00 each. As a result, the insider received 656,000 and left with 104,312 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 4816115200 and an Enterprise Value of 5244177920. As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.88, and their Forward P/E ratio for the next fiscal year is 11.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.73 while its Price-to-Book (P/B) ratio in mrq is 4.60. Its current Enterprise Value per Revenue stands at 5.192 whereas that against EBITDA is 17.414.
Stock Price History:
Over the past 52 weeks, TDW has reached a high of $101.10, while it has fallen to a 52-week low of $39.41. The 50-Day Moving Average of the stock is 4.52%, while the 200-Day Moving Average is calculated to be 29.03%.
Shares Statistics:
For the past three months, TDW has traded an average of 763.38K shares per day and 597000 over the past ten days. A total of 52.26M shares are outstanding, with a floating share count of 48.06M. Insiders hold about 8.06% of the company’s shares, while institutions hold 94.83% stake in the company. Shares short for TDW as of 1713139200 were 5204982 with a Short Ratio of 6.82, compared to 1710460800 on 4799013. Therefore, it implies a Short% of Shares Outstanding of 5204982 and a Short% of Float of 13.260000999999999.
