Tidewater Renewables (LCFS) Stock Price, News & Analysis

Company Overview

Tidewater Renewables is a multi-faceted, energy transition company. The Corporation is focused on the production of low carbon fuels, including renewable diesel and sustainable aviation fuel. The Corporation was created in response to the growing demand for renewable fuels in North America and to capitalize on its potential to efficiently turn a wide variety of renewable feedstocks (such as canola oil, soybean oil, used cooking oil, distillers corn oil, tallow, and other biomasses) into low carbon fuels. Tidewater Renewables' objective is to become a leading Canadian renewable fuel producer. The Corporation is pursuing this objective through the ownership, development, and operation of clean fuels projects and related infrastructure, that utilize existing proven technologies.

Key Stats

• Today's Range: C$16.00 to C$16.76
• 50-Day Range: C$10.45 to C$16.99
• 52-Week Range: C$2.60 to C$17.14
• Volume: 14,516 shs
• Average Volume: 20,123 shs
• Market Capitalization: C$598.63 million
• P/E Ratio: 74.50
• Dividend Yield: N/A
• Price Target: C$12.58
• Consensus Rating: Hold

Tidewater Renewables Stock Analysis - MarketRank™

Tidewater Renewables scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Tidewater Renewables has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Downside Risk

Tidewater Renewables has a consensus price target of C$12.58, representing about 23.2% downside from its current price of C$16.39.

Amount of Analyst Coverage

Tidewater Renewables has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tidewater Renewables is 74.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tidewater Renewables is 74.50, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 17.30.

Price to Book Value per Share Ratio

Tidewater Renewables has a P/B Ratio of 3.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LCFS.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Tidewater Renewables does not currently pay a dividend.

Dividend Growth

Tidewater Renewables does not have a long track record of dividend growth.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

4 people have searched for LCFS on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tidewater Renewables insiders have not sold or bought any company stock.

Percentage Held by Insiders

65.88% of the stock of Tidewater Renewables is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

1.19% of the stock of Tidewater Renewables is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Refining & Marketing
• Current Symbol: TSE:LCFS
• CIK: N/A
• Web: www.tidewatermidstream.com
• Phone: 587 475 0210
• Fax: N/A
• Employees: 37
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Tidewater Renewables: C$12.58
• High Price Target: C$13.25
• Low Price Target: C$12.00
• Potential Upside/Downside: -23.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.22
• Trailing P/E Ratio: 74.50
• Forward P/E Ratio: 109.27
• P/E Growth: N/A
• Net Income: -C$364.17 million
• Net Margins: 2.91%
• Pretax Margin: N/A
• Return on Equity: 5.00%
• Return on Assets: 0.46%

Debt

• Debt-to-Equity Ratio: 120.55
• Current Ratio: 1.13
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: C$283.90 million
• Price / Sales: 2.11
• Cash Flow: C$0.05 per share
• Price / Cash Flow: 310.25
• Book Value: C$4.56 per share
• Price / Book: 3.60

Miscellaneous

• Outstanding Shares: 36,524,000
• Free Float: N/A
• Market Cap: C$598.63 million
• Optionable: Not Optionable
• Beta: -0.43