Is Tidewater (NYSE:TDW) outlook still optimistic?
 | By Raphi Shpitalnik | Macroaxis Story |
As many of us are excited about energy space, it is fair to focus on Tidewater within current market trends. As we have suggested previously, Tidewater is beginning its fall as sophisticated investors shift to be more bearish due to the increased sector volatility. The returns on the market and returns on Tidewater appear slimly correlated for the last few months. Abnormal basic indicators of the venture may also cause signs of long-term losses for Tidewater sophisticated investors. Tidewater is scheduled to announce its earnings today. The upcoming quarterly report is expected on the 9th of November 2020.
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Reviewed by Gabriel Shpitalnik
Tidewater's average rating is Buy from 2 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Tidewater market sentiment investors' perception of the future value of Tidewater. Let us look at a few aspects of Tidewater technical analysis.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tidewater. Your research has to be compared to or analyzed against Tidewater's peers to derive any actionable benefits. When done correctly, Tidewater's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tidewater.
Using predictive technical analysis, we can analyze different prices and returns patterns and diagnose historical swings to determine the real value of Tidewater. In general, sophisticated investors focus on analyzing Tidewater stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Tidewater's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tidewater's intrinsic value. In addition to deriving basic predictive indicators for Tidewater, many experienced traders also check how macroeconomic factors affect Tidewater price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tidewater's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is Tidewater's Liquidity
Tidewater financial leverage refers to using borrowed capital as a funding source to finance Tidewater ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Tidewater financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Tidewater's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Tidewater's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Tidewater's total debt and its cash.
Tidewater Gross Profit
Tidewater Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Tidewater previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Tidewater Gross Profit growth over the last 10 years. Please check Tidewater's gross profit and other fundamental indicators for more details.
Is Tidewater valued fairly by the market?
The entity has a beta of -0.2525. Let's try to break down what Tidewater's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tidewater will likely underperform. The beta indicator helps investors understand whether Tidewater moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Tidewater deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the last year's revenue of 457.25 M. Reported Net Loss for the year was (233.12 M) with profit before taxes, overhead, and interest of 154.55 M.
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