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$10.75 to C$11.64
• 50-Day Range: C$7.35 to C$13.04
• 52-Week Range: C$2.40 to C$13.42
• Volume: 12,358 shs
• Average Volume: 17,732 shs
• Market Capitalization: C$413.82 million
• P/E Ratio: 51.50
• Dividend Yield: N/A
• Price Target: C$12.58
• Consensus Rating: Hold

Tidewater Renewables Stock Analysis - MarketRank™

Tidewater Renewables scored higher than 24% 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: 2.7 / 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.

Upside Potential

Tidewater Renewables has a consensus price target of C$12.58, representing about 11.1% upside from its current price of C$11.33.

Amount of Analyst Coverage

Tidewater Renewables has only been the subject of 3 research reports 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 51.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tidewater Renewables is 51.50, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.29.

Price to Book Value per Share Ratio

Tidewater Renewables has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued 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: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Tidewater Renewables has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Tidewater Renewables this week, compared to 0 articles on an average week.

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

2.17% of the stock of Tidewater Renewables is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Renewable
• Sub-Industry: N/A
• 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: +11.1%
• 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: 51.50
• Forward P/E Ratio: 75.53
• 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: 1.46
• Cash Flow: C$0.04 per share
• Price / Cash Flow: 310.25
• Book Value: C$4.56 per share
• Price / Book: 2.49

Miscellaneous

• Outstanding Shares: 36,524,000
• Free Float: N/A
• Market Cap: C$413.82 million
• Optionable: Not Optionable
• Beta: -0.39