As on Wednesday, Tidewater Inc. (NYSE: TDW) got off with the flyer as it spiked 3.58% to $98.96, before settling in for the price of $95.54 at the close. Taking a more long-term approach, TDW posted a 52-week range of $54.53-$111.42.
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It was noted that the giant of the Energy sector posted annual sales growth of 25.05% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 183.33%. This publicly-traded company’s shares outstanding now amounts to $52.26 million, simultaneously with a float of $49.81 million. The organization now has a market capitalization sitting at $5.22 billion. At the time of writing, stock’s 50-day Moving Average stood at $98.87, while the 200-day Moving Average is $82.02.
Tidewater Inc. (TDW) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Equipment & Services industry. Tidewater Inc.’s current insider ownership accounts for 5.59%, in contrast to 98.75% institutional ownership. According to the most recent insider trade that took place on Jun 12 ’24, this organization’s DIRECTOR, PRESIDENT & CEO sold 201,094 shares at the rate of 105.86, making the entire transaction reach 21,288,816 in total value, affecting insider ownership by 134,624. Preceding that transaction, on Jun 12 ’24, Company’s Director sold 20,000 for 106.38, making the whole transaction’s value amount to 2,127,606. This particular insider is now the holder of 68,802 in total.
Tidewater Inc. (TDW) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.43 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.65) by -0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.58 per share during the current fiscal year.
Tidewater Inc.’s EPS increase for this current 12-month fiscal period is 183.33% and is forecasted to reach 8.35 in the upcoming year.
Tidewater Inc. (NYSE: TDW) Trading Performance Indicators
Let’s observe the current performance indicators for Tidewater Inc. (TDW). It’s Quick Ratio in the last reported quarter now stands at 1.73. The Stock has managed to achieve an average true range (ATR) of 4.11. Alongside those numbers, its PE Ratio stands at $39.44, and its Beta score is 1.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.59. Similarly, its price to free cash flow for trailing twelve months is now 53.26.
In the same vein, TDW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.51, a figure that is expected to reach 0.94 in the next quarter, and analysts are predicting that it will be 8.35 at the market close of one year from today.
Technical Analysis of Tidewater Inc. (TDW)
Through scrutinizing the latest numbers posted by the [Tidewater Inc., TDW], it can be observed that its last 5-days Average volume of 0.63 million was lower the volume of 0.85 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 17.40% While, its Average True Range was 4.20.
Raw Stochastic average of Tidewater Inc. (TDW) in the period of the previous 100 days is set at 61.63%, which indicates a major rise in contrast to 33.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.18% that was lower than 46.25% volatility it exhibited in the past 100-days period.
