On Friday, Tidewater Inc. (NYSE: TDW) opened lower -2.48% from the last session, before settling in for the closing price of $63.75. Price fluctuations for TDW have ranged from $54.53 to $111.42 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 25.05%. Company’s average yearly earnings per share was noted 156.07% at the time writing. With a float of $49.73 million, this company’s outstanding shares have now reached $52.26 million.
Let’s determine the extent of company efficiency that accounts for 7300 employees. In terms of profitability, gross margin is 28.37%, operating margin of 20.69%, and the pretax margin is 15.89%.
Tidewater Inc. (TDW) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Tidewater Inc. is 5.26%, while institutional ownership is 100.80%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.49 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.26) by -0.77. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 156.07% per share during the next fiscal year.
Tidewater Inc. (NYSE: TDW) Trading Performance Indicators
Check out the current performance indicators for Tidewater Inc. (TDW). In the past 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 2.59. Likewise, its price to free cash flow for the trailing twelve months is 19.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.02, a number that is poised to hit 1.07 in the next quarter and is forecasted to reach 8.38 in one year’s time.
Technical Analysis of Tidewater Inc. (TDW)
Looking closely at Tidewater Inc. (NYSE: TDW), its last 5-days average volume was 1.19 million, which is a jump from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 8.03%. Additionally, its Average True Range was 2.57.
During the past 100 days, Tidewater Inc.’s (TDW) raw stochastic average was set at 0.86%, which indicates a significant decrease from 3.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.97% in the past 14 days, which was lower than the 49.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.63, while its 200-day Moving Average is $85.75. However, in the short run, Tidewater Inc.’s stock first resistance to watch stands at $63.38. Second resistance stands at $64.60. The third major resistance level sits at $65.40. If the price goes on to break the first support level at $61.36, it is likely to go to the next support level at $60.56. Now, if the price goes above the second support level, the third support stands at $59.34.
Tidewater Inc. (NYSE: TDW) Key Stats
There are currently 52,762K shares outstanding in the company with a market cap of 3.26 billion. Presently, the company’s annual sales total 1,010 M according to its annual income of 97,190 K. Last quarter, the company’s sales amounted to 339,230 K and its income totaled 50,350 K.
