On Friday, Tidewater Inc. (NYSE: TDW) was 0.44% up from the session before settling in for the closing price of $88.31. A 52-week range for TDW has been $54.53 – $111.42.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Energy sector has jumped its sales by 25.05% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 162.27%. With a float of $49.74 million, this company’s outstanding shares have now reached $52.26 million.
In an organization with 7300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.37%, operating margin of 20.69%, and the pretax margin is 15.89%.
Tidewater Inc. (TDW) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Tidewater Inc. stocks. The insider ownership of Tidewater Inc. is 5.24%, while institutional ownership is 103.00%. The most recent insider transaction that took place on Jun 12 ’24, was worth 21,288,816. In this transaction DIRECTOR, PRESIDENT & CEO of this company sold 201,094 shares at a rate of $105.86, taking the stock ownership to the 134,624 shares. Before that another transaction happened on Jun 11 ’24, when Company’s DIRECTOR, PRESIDENT & CEO sold 166,000 for $103.76, making the entire transaction worth $17,223,496. This insider now owns 335,718 shares in total.
Tidewater Inc. (TDW) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.49 earnings per share (EPS) during the time that was less than consensus figure (set at 1.26) by -0.77. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 162.27% per share during the next fiscal year.
Tidewater Inc. (NYSE: TDW) Trading Performance Indicators
You can see what Tidewater Inc. (TDW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.69. Likewise, its price to free cash flow for the trailing twelve months is 27.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.02, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 9.20 in one year’s time.
Technical Analysis of Tidewater Inc. (TDW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.63 million. That was inferior than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.91%. Additionally, its Average True Range was 3.35.
During the past 100 days, Tidewater Inc.’s (TDW) raw stochastic average was set at 26.02%, which indicates a significant decrease from 64.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.41% in the past 14 days, which was lower than the 49.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.17, while its 200-day Moving Average is $84.26. However, in the short run, Tidewater Inc.’s stock first resistance to watch stands at $89.14. Second resistance stands at $89.57. The third major resistance level sits at $90.41. If the price goes on to break the first support level at $87.86, it is likely to go to the next support level at $87.02. Assuming the price breaks the second support level, the third support level stands at $86.58.
Tidewater Inc. (NYSE: TDW) Key Stats
There are 52,762K outstanding shares of the company, which has a market capitalization of 4.66 billion. As of now, sales total 1,010 M while income totals 97,190 K. Its latest quarter income was 339,230 K while its last quarter net income were 50,350 K.
