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After finishing at $90.06 in the prior trading day, Tidewater Inc. (NYSE: TDW) closed at $88.78, down -1.42%. In other words, the price has decreased by -$1.42 from its previous closing price. On the day, 0.58 million shares were traded. TDW stock price reached its highest trading level at $91.75 during the session, while it also had its lowest trading level at $88.69.
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 16.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.52. 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:
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 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 4640628224 and an Enterprise Value of 5106182144. As of this moment, Tidewater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.44, and their Forward P/E ratio for the next fiscal year is 10.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 4.46. Its current Enterprise Value per Revenue stands at 5.056 whereas that against EBITDA is 16.956.
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 6.93%, while the 200-Day Moving Average is calculated to be 28.14%.
Shares Statistics:
The stock has traded on average 787.85K shares per day over the past 3-months and 634940 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 48.06M. Insiders hold about 8.06% of the company’s shares, while institutions hold 94.64% stake in the company. Shares short for TDW as of 1711584000 were 4889854 with a Short Ratio of 6.21, compared to 1709164800 on 4635006. Therefore, it implies a Short% of Shares Outstanding of 4889854 and a Short% of Float of 12.46.
Earnings Estimates
Tidewater Inc. (TDW) is presently subject to a detailed evaluation by TDV analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $57.25, with high estimates of $36.75 and low estimates of $400.14.
Analysts are recommending an EPS of between $Technology and $Technology for the fiscal current year, implying an average EPS of $Financial Services.
