A new trading day began on Friday, with Tidewater Inc (NYSE: TDW) stock price down -6.13% from the previous day of trading, before settling in for the closing price of $48.60. TDW’s price has ranged from $46.50 to $111.42 over the past 52 weeks.
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Annual sales at Energy sector company grew by 26.39% over the past five years. Meanwhile, its annual earnings per share averaged 29.63%. With a float of $48.63 million, this company’s outstanding shares have now reached $51.46 million.
Let’s look at the performance matrix of the company that is accounted for 7700 employees. In terms of profitability, gross margin is 34.84%, operating margin of 22.17%, and the pretax margin is 17.05%.
Tidewater Inc (TDW) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Tidewater Inc is 5.52%, while institutional ownership is 102.20%. The most recent insider transaction that took place on Dec 17 ’24, was worth 99,758. In this transaction Director of this company bought 2,067 shares at a rate of $48.26, taking the stock ownership to the 2,181,340 shares. Before that another transaction happened on Dec 13 ’24, when Company’s DIRECTOR, PRESIDENT & CEO bought 41,615 for $48.06, making the entire transaction worth $1,999,921. This insider now owns 176,239 shares in total.
Tidewater Inc (TDW) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.63% per share during the next fiscal year.
Tidewater Inc (NYSE: TDW) Trading Performance Indicators
Here are Tidewater Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.74. Likewise, its price to free cash flow for the trailing twelve months is 9.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.40, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 7.18 in one year’s time.
Technical Analysis of Tidewater Inc (TDW)
Tidewater Inc (NYSE: TDW) saw its 5-day average volume 1.71 million, a positive change from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 11.92%. Additionally, its Average True Range was 2.63.
During the past 100 days, Tidewater Inc’s (TDW) raw stochastic average was set at 7.67%, which indicates a significant decrease from 17.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.27% in the past 14 days, which was lower than the 47.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.19, while its 200-day Moving Average is $73.13. Nevertheless, the first resistance level for the watch stands at $49.61 in the near term. At $53.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.75. If the price goes on to break the first support level at $42.47, it is likely to go to the next support level at $39.33. Assuming the price breaks the second support level, the third support level stands at $35.34.
Tidewater Inc (NYSE: TDW) Key Stats
With a market capitalization of 2.35 billion, the company has a total of 52,323K Shares Outstanding. Currently, annual sales are 1,010 M while annual income is 97,190 K. The company’s previous quarter sales were 340,360 K while its latest quarter income was 46,370 K.
