Tidewater Inc (TDW) is predicted to post EPS of 0.94 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

Tidewater Inc (NYSE: TDW) started the day on Thursday, with a price increase of 0.15% at $53.19, before settling in for the price of $53.11 at the close. Taking a more long-term approach, TDW posted a 52-week range of $52.86-$111.42.

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The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 25.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 93.79%. This publicly-traded company’s shares outstanding now amounts to $52.26 million, simultaneously with a float of $49.57 million. The organization now has a market capitalization sitting at $2.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $66.53, while the 200-day Moving Average is $84.86.

Tidewater Inc (TDW) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Equipment & Services Industry. Tidewater Inc’s current insider ownership accounts for 5.26%, in contrast to 103.56% 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

Tidewater Inc’s EPS increase for this current 12-month fiscal period is 93.79% and is forecasted to reach 5.50 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 2.18. The Stock has managed to achieve an average true range (ATR) of 2.69. Alongside those numbers, its PE Ratio stands at $15.63, and its Beta score is 1.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.14. Similarly, its price to free cash flow for trailing twelve months is now 14.03.

In the same vein, TDW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.40, a figure that is expected to reach 0.94 in the next quarter, and analysts are predicting that it will be 5.50 at the market close of one year from today.

Technical Analysis of Tidewater Inc (TDW)

If we take a close look at the recent performances of Tidewater Inc (NYSE: TDW), its last 5-days Average volume was 1.75 million that shows progress from its year to date volume of 0.91 million. During the previous 9 days, stock’s Stochastic %D was recorded 3.94% While, its Average True Range was 2.71.

Raw Stochastic average of Tidewater Inc (TDW) in the period of the previous 100 days is set at 1.04%, which indicates a major fall in contrast to 4.41% 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 65.96% that was higher than 47.98% volatility it exhibited in the past 100-days period.