Tidewater Inc. (TDW) volume hits 0.86 million: A New Opening for Investors

As on Thursday, Tidewater Inc. (NYSE: TDW) got off with the flyer as it spiked 3.00% to $75.50, before settling in for the price of $73.30 at the close. Taking a more long-term approach, TDW posted a 52-week range of $54.53-$111.42.

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The Energy sector firm’s twelve-monthly sales growth has been 25.05% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 159.49%. This publicly-traded company’s shares outstanding now amounts to $52.26 million, simultaneously with a float of $49.73 million. The organization now has a market capitalization sitting at $3.96 billion. At the time of writing, stock’s 50-day Moving Average stood at $88.06, while the 200-day Moving Average is $85.29.

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 5.26%, in contrast to 100.90% 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 11 ’24, Company’s DIRECTOR, PRESIDENT & CEO sold 166,000 for 103.76, making the whole transaction’s value amount to 17,223,496. This particular insider is now the holder of 335,718 in total.

Tidewater Inc. (TDW) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.77 per share during the current fiscal year.

Tidewater Inc.’s EPS increase for this current 12-month fiscal period is 159.49% and is forecasted to reach 8.52 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 1.82. The Stock has managed to achieve an average true range (ATR) of 3.45. Alongside those numbers, its PE Ratio stands at $25.01, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.14. Similarly, its price to free cash flow for trailing twelve months is now 23.39.

In the same vein, TDW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.02, a figure that is expected to reach 1.11 in the next quarter, and analysts are predicting that it will be 8.52 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 0.84 million was lower the volume of 0.86 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.82% While, its Average True Range was 3.31.

Raw Stochastic average of Tidewater Inc. (TDW) in the period of the previous 100 days is set at 17.76%, which indicates a major fall in contrast to 36.97% 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 54.06% that was higher than 52.72% volatility it exhibited in the past 100-days period.