Tidewater (TDW) Stock Price, News & Analysis

Question

Should I buy or sell Tidewater stock right now?

Answer 1

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tidewater in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TDW shares.
View TDW analyst ratings or view top-rated stocks.

Answer 2

5 equities research analysts have issued 12 month price targets for Tidewater's shares. Their TDW share price targets range from $85.00 to $110.00. On average, they anticipate the company's stock price to reach $93.00 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for TDW or view top-rated stocks among Wall Street analysts.

Answer 3

Tidewater's stock was trading at $72.11 at the beginning of 2024. Since then, TDW shares have increased by 23.1% and is now trading at $88.74.
View the best growth stocks for 2024 here.

Answer 4

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our TDW earnings forecast.

Answer 5

Tidewater Inc. (NYSE:TDW) posted its quarterly earnings results on Friday, March, 1st. The oil and gas company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $0.73 by $0.03. The oil and gas company had revenue of $302.66 million for the quarter, compared to analyst estimates of $309.46 million. Tidewater had a net margin of 9.62% and a trailing twelve-month return on equity of 13.37%. Tidewater's revenue for the quarter was up 62.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 earnings per share.

Answer 6

ETFs with the largest weight of Tidewater (NYSE:TDW) stock in their portfolio include Noble Absolute Return ETF (NOPE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), iShares U.S. Oil Equipment & Services ETF (IEZ), Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco DWA SmallCap Momentum ETF (DWAS), First Trust Small Cap Growth AlphaDEX Fund (FYC), T. Rowe Price Small-Mid Cap ETF (TMSL) and First Trust Small Cap Core AlphaDEX Fund (FYX).

Answer 7

Tidewater announced that its Board of Directors has approved a stock buyback plan on Thursday, February 29th 2024, which permits the company to buyback $48,600,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Answer 8

Tidewater updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion.

Answer 9

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

Answer 10

Tidewater's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Naviter Wealth LLC (0.48%), Harbour Capital Advisors LLC (0.02%), NBC Securities Inc. (0.02%), 180 Wealth Advisors LLC (0.01%) and Fermata Advisors LLC (0.01%). Insiders that own company stock include Daniel A Hudson, David E Darling, Kenneth H Traub, Robert Robotti and Samuel R Rubio.
View institutional ownership trends.

Answer 11

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.

Answer 12

The following companies are subsidiares of Tidewater: 3291361 Nova Scotia ULC, Al Wasl Marine LLC, Antilles Marine Service Limited, Arabia Shipping Limited, Arrendadora de Naves del Golfo S.A. de C.V. SOFOM ENR, Chalvoyage (M) Sdn. Bhd., Compania Marítima de Magallanes Limitada, DTDW Holdings Limited, DTDW Marine Services B.V., Divetide Limited, Equipo Mara C.A., GM Offshore Inc., GOMI Holdings Inc., GULFMARK OFFSHORE INC, Global Panama Marine Service Inc, Gorgon NewCo LLC, Gulf Channel Offshore Servicos LDA, Gulf Fleet Abu Dhabi, Gulf Fleet Middle East Limited, Gulf Fleet N.V., Gulf Fleet Supply Vessels L.L.C., Gulf Offshore Marine International S. de R.L., GulfMark Americas Inc., GulfMark Asia Pte. Ltd., GulfMark Capital LLC, GulfMark Foreign Investments LLC, GulfMark Guernsey International Limited, GulfMark Malaysia Inc., GulfMark Malaysia Sdn. Bhd., GulfMark Malta Ltd., GulfMark Management Inc., GulfMark Marine Trinidad Limited, GulfMark Maritime S. de R.L. de C.V., GulfMark North Sea Limited, GulfMark Oceans L.P., GulfMark Resources LLC, GulfMark Servicios de Mexico S. de R.L. de C.V., GulfMark Servicos Maritimos do Brasil Limitada, GulfMark Shipping LLC, GulfMark Thailand LLC, GulfMark UK International Limited, GulfMark de Mexico S. de R.L. de C.V., Hilliard Oil & Gas Inc., Indigo Fleet Limited, International Maritime Services Inc, JB Holding Company B.V., Java Boat Corporation, Java Boat Corporation B.V., Logistica Mexicana del Caribe S. de R.L. de C.V., Mare Alta do Brasil Navegacao Ltda., Mashhor Marine Sdn. Bhd., Middle East Ships Limited, Navegadores Servicos de Apoio Maritimo Ltda., Naviera Tidex S. de R.L. de C.V, Niugini Offshore Services Joint Venture, O.I.L. (Nigeria) Limited, Offshore Labuan Leasing Inc., Offshore Marine Inc, Pacific Tidewater Pty. Ltd., Pan Marine International Dutch Holdings L.L.C., Pan Marine International Inc., Pan Marine do Brasil Ltda., Pental Insurance Co. Ltd., Point Marine L.L.C., Purple Fleet Limited, Quality Shipyards L.L.C., S.O.P. Inc., SEA Maritime Services Pte. Ltd., Semaring Enterprise Sdn. Bhd., Semaring Logistics (M) Sdn. Bhd., Servicios Costa Afuera de Mexico S. de R.L. de C.V, Sonatide Marine Ltd., Sonatide Marine Services Ltd., Southern Ocean Services Pte. Ltd., Tide States L.L.C., Tide States Vessels L.L.C., Tideflo Marine Services Limited, Tidewater (India) Private Limited, Tidewater Al Rushaid Co. Ltd., Tidewater Caribe C.A., Tidewater Corporate Services L.L.C, Tidewater Crewing Guernsey Ltd., Tidewater Crewing Limited, Tidewater Cyprus Limited, Tidewater Dutch Holdings Cooperatief U.A., Tidewater GOM Inc., Tidewater GOM Limited, Tidewater Investment Cooperatief U.A, Tidewater Investment SRL, Tidewater Marine AS, Tidewater Marine Australia Pty Ltd, Tidewater Marine Charter Services Pte. Ltd., Tidewater Marine Fleet L.L.C., Tidewater Marine Gabon S.A., Tidewater Marine Hulls L.L.C., Tidewater Marine Indonesia Limited, Tidewater Marine International Dutch Holdings L.L.C., Tidewater Marine International Inc., Tidewater Marine International Pte. Ltd., Tidewater Marine L.L.C., Tidewater Marine Sakhalin L.L.C., Tidewater Marine Service (M) Sdn. Bhd., Tidewater Marine Ships L.L.C., Tidewater Marine Technical Services (Shenzhen) Co. Ltd, Tidewater Marine UK Ltd., Tidewater Marine Vanuatu Limited, Tidewater Marine Vessels L.L.C., Tidewater Marine West Indies Limited, Tidewater Marine Western L.L.C., Tidewater Mexico Holding L.L.C, Tidewater Norge AS, Tidewater Offshore Sdn Bhd, Tidewater Personnel UK LTD, Tidewater Rederi AS, Tidewater Subsea L.L.C., Tidewater Subsea ROV L.L.C., Tidewater Support Services Limited, Tidewater Venture Inc, Tidewater de Mexico S. de R.L. de C.V., Tidex Nigeria Limited, Troms Offshore Fleet Holding AS, Troms Offshore Management AS, Troms Offshore Supply AS, Twenty Grand (Brazil) L.L.C, Twenty Grand Marine Service L.L.C., VTG Ships Limited, VTG Supply Boat Liberia Inc., Vesselogistics Limited, Zapata Gulf Marine L.L.C., and Zapata Marine Service (Nigeria) Limited.

Tidewater (TDW) Stock Price, News & Analysis

Tidewater MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tidewater Stock (NYSE:TDW)

TDW Stock Price History

TDW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TDW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™