The stock of Tidewater Inc (TDW) has seen a -0.09% decrease in the past week, with a 7.75% gain in the past month, and a -9.30% decrease in the past quarter. The volatility ratio for the week is 4.10%, and the volatility levels for the past 30 days are at 4.45% for TDW. The simple moving average for the past 20 days is 0.04% for TDW’s stock, with a -28.50% simple moving average for the past 200 days.
Is It Worth Investing in Tidewater Inc (NYSE: TDW) Right Now?
Tidewater Inc (NYSE: TDW) has a higher price-to-earnings ratio of 16.29x compared to its average ratio, The 36-month beta value for TDW is at 1.04. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for TDW is 49.56M, and currently, shorts hold a 12.97% of that float. The average trading volume for TDW on January 31, 2025 was 1.14M shares.
TDW) stock’s latest price update
The stock of Tidewater Inc (NYSE: TDW) has increased by 3.45 when compared to last closing price of 53.61. Despite this, the company has experienced a -0.09% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-07 that Tidewater owns and operates a fleet of 216 vessels primarily used by the offshore oil and gas industry. Tidewater is by far the largest player in the offshore service vessels (OSV) industry, especially after the acquisitions of Swire Pacific Offshore and Solstad Offshore. The order book in the OSV industry represents approximately 3.0% of the global fleet.
Analysts’ Opinion of TDW
Many brokerage firms have already submitted their reports for TDW stocks, with Evercore ISI repeating the rating for TDW by listing it as a “In-line.” The predicted price for TDW in the upcoming period, according to Evercore ISI is $68 based on the research report published on January 15, 2025 of the current year 2025.
DNB Markets, on the other hand, stated in their research note that they expect to see TDW reach a price target of $70. The rating they have provided for TDW stocks is “Buy” according to the report published on November 29th, 2024.
Raymond James gave a rating of “Outperform” to TDW, setting the target price at $102 in the report published on November 11th of the previous year.
TDW Trading at 6.07% from the 50-Day Moving Average
After a stumble in the market that brought TDW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.23% of loss for the given period.
Volatility was left at 4.45%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares surge +4.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.27% upper at present.
During the last 5 trading sessions, TDW fell by -0.09%, which changed the moving average for the period of 200-days by -42.76% in comparison to the 20-day moving average, which settled at $55.44. In addition, Tidewater Inc saw 1.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TDW starting from ROBOTTI ROBERT, who purchase 2,067 shares at the price of $48.26 back on Dec 17 ’24. After this action, ROBOTTI ROBERT now owns 2,181,340 shares of Tidewater Inc, valued at $99,758 using the latest closing price.
Kneen Quintin, the DIRECTOR, PRESIDENT & CEO of Tidewater Inc, purchase 41,615 shares at $48.06 during a trade that took place back on Dec 13 ’24, which means that Kneen Quintin is holding 176,239 shares at $1,999,921 based on the most recent closing price.
Stock Fundamentals for TDW
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.34 for the gross margin
The net margin for Tidewater Inc stands at 0.14. The total capital return value is set at 0.16. Equity return is now at value 16.88, with 8.81 for asset returns.
Based on Tidewater Inc (TDW), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 3.6.
Currently, EBITDA for the company is 316.18 million with net debt to EBITDA at 0.72. When we switch over and look at the enterprise to sales, we see a ratio of 2.51. The receivables turnover for the company is 4.45for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.28.
Conclusion
In conclusion, Tidewater Inc (TDW) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
