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NYSE:TDW

Tidewater (TDW) Stock Price, News & Analysis

$98.44
-1.62 (-1.62%)
(As of 07/26/2024 ET)
Today's Range
$97.00
$102.39
50-Day Range
$91.74
$107.34
52-Week Range
$54.53
$111.42
Volume
632,685 shs
Average Volume
858,488 shs
Market Capitalization
$5.19 billion
P/E Ratio
39.22
Dividend Yield
N/A
Price Target
$102.33

Tidewater MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
4.0% Upside
$102.33 Price Target
Short Interest
Bearish
11.24% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.62
Upright™ Environmental Score
News Sentiment
0.55mentions of Tidewater in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$78.33 M Sold Last Quarter
Proj. Earnings Growth
76.92%
From $4.68 to $8.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.20 out of 5 stars

Oils/Energy Sector

128th out of 248 stocks

Water Transportation Industry

11th out of 17 stocks

TDW stock logo

About Tidewater Stock (NYSE:TDW)

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

TDW Stock Price History

TDW Stock News Headlines

Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Tidewater EVP Trades Company's Stock
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
88642310
Employees
7,300
Year Founded
1956

Price Target and Rating

Average Stock Price Target
$102.33
High Stock Price Target
$130.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+0.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$97.18 million
Pretax Margin
15.46%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$6.25 per share
Book Value
$19.64 per share

Miscellaneous

Free Float
48,367,000
Market Cap
$5.35 billion
Optionable
Optionable
Beta
1.20

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TDW Stock Analysis - Frequently Asked Questions

How have TDW shares performed this year?

Tidewater's stock was trading at $72.11 at the beginning of 2024. Since then, TDW stock has increased by 36.5% and is now trading at $98.44.
View the best growth stocks for 2024 here
.

How were Tidewater's earnings last quarter?

Tidewater Inc. (NYSE:TDW) released its quarterly earnings data on Thursday, May, 2nd. The oil and gas company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.40. The business's revenue for the quarter was up 66.3% compared to the same quarter last year.

Is Tidewater buying back stock?

Tidewater's board authorized a stock buyback plan on Thursday, May 2nd 2024, which permits the company to buy back $18,100,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 0.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

Does Tidewater have any subsidiaries?

Tidewater subsidiaries include GULFMARK OFFSHORE INC, Troms Offshore Supply AS, O.I.L. (Nigeria) Limited, Zapata Gulf Marine L.L.C., 3291361 Nova Scotia ULC, Al Wasl Marine LLC, Antilles Marine Service Limited, and more.

Who are Tidewater's major shareholders?

Top institutional shareholders of Tidewater include Bank of New York Mellon Corp (0.84%), Assenagon Asset Management S.A. (0.26%), Raymond James & Associates (0.16%) and Harbor Capital Advisors Inc. (0.08%). Insiders that own company stock include Robert Robotti, Quintin Kneen, Daniel A Hudson, Kenneth Traub, Samuel R Rubio, David E Darling, Louis Raspino, Darron M Anderson and Kenneth H Traub.
View institutional ownership trends
.

How do I buy shares of Tidewater?

Shares of TDW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tidewater own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tidewater investors own include Energy Transfer (ET), Oasis Petroleum (OAS), P10 Holdings Inc (PIOIQ) (PIOIQ), Transocean (RIG), AT&T (T), Verizon Communications (VZ) and Ford Motor (F).

This page (NYSE:TDW) was last updated on 7/26/2024 by MarketBeat.com Staff

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