A share price of Tidewater Inc [TDW] is currently trading at $54.93, up 5.09%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TDW shares have gain 3.14% over the last week, with a monthly amount drifted -1.44%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tidewater Inc [NYSE: TDW] stock has seen the most recent analyst activity on January 15, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $68 from $112. Previously, DNB Markets started tracking the stock with Buy rating on November 29, 2024, and set its price target to $70. On November 11, 2024, downgrade downgraded it’s rating to Outperform and revised its price target to $102 on the stock. Johnson Rice started tracking the stock assigning a Buy rating and suggested a price target of $88 on February 09, 2024. Pickering Energy Partners initiated its recommendation with a Outperform. Raymond James started tracking with a Strong Buy rating for this stock on July 14, 2023, and assigned it a price target of $85.
Tidewater Inc experienced fluctuations in its stock price throughout the past year between $46.50 and $111.42. Currently, Wall Street analysts expect the stock to reach $96 within the next 12 months. Tidewater Inc [NYSE: TDW] shares were valued at $54.93 at the most recent close of the market. An investor can expect a potential return of 74.77% based on the average TDW price forecast.
Analyzing the TDW fundamentals
Trailing Twelve Months sales for Tidewater Inc [NYSE:TDW] were 1.30B which represents 13.73% growth. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.17 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 52.50 points at the first support level, and at 50.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.31, and for the 2nd resistance point, it is at 57.69.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tidewater Inc [NYSE:TDW] is 2.28. Further, the Quick Ratio stands at 2.18, while the Cash Ratio is 1.03. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 2.57 and price to earnings (TTM) ratio is 16.14.
Transactions by insiders
Recent insider trading involved ROBOTTI ROBERT, Director, that happened on Dec 17 ’24 when 2067.0 shares were purchased. DIRECTOR, PRESIDENT & CEO, Kneen Quintin completed a deal on Dec 13 ’24 to buy 41615.0 shares. Meanwhile, Director ROBOTTI ROBERT bought 17147.0 shares on Dec 13 ’24.
