Tidewater Stock Today

Stocks . USA . 
Stock . Tidewater
TDW Stock  USD 41.12  0.62  1.49%   

Market Performance

7 of 100

Odds Of Distress

Less than 2

Tidewater is selling for under 41.12 as of the 24th of March 2023; that is -1.49 percent decrease since the beginning of the trading day. The stock's lowest day price was 40.4. Tidewater has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Tidewater are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of February 2023 and ending today, the 24th of March 2023. Please note, there could be an existing legal relationship between Tidewater (TDW) and TIDEWATER INC (TDW.WS). Click here to learn more.
CUSIP
88642R109
Fiscal Year End
December
Business Domain
Energy
IPO Date
30th of December 1987
Category
Energy
Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas. The company has 50.57 M outstanding shares of which 2.27 M shares are at this time shorted by investors with about 2.89 days to cover. More on Tidewater

Moving together with Tidewater

+0.86AROCArchrock Fiscal Quarter End 31st of March 2023 PairCorr
+0.91BOOMDmc Global Downward RallyPairCorr

Moving against Tidewater

-0.78DWSNDawson Geophysical Fiscal Quarter End 31st of March 2023 PairCorr
-0.68ENSVEnservco Report 6th of July 2023 PairCorr

Tidewater Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tidewater's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tidewater or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityTDW.WS (TIDEWATER INC)
President CEO, DirectorJohn Rynd
Fama & French Classification
Oil & Gas Equipment & Services
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Average Analyst Recommendation
Analysts covering Tidewater report their recommendations after researching Tidewater's financial statements, talking to executives and customers, or listening in on Tidewater's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tidewater. The Tidewater consensus assessment is calculated by taking the average forecast from all of the analysts covering Tidewater.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Tidewater based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Tidewater financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted47.6 M44.1 M
Significantly Up
Up
Slightly volatile
Weighted Average Shares47.6 M44.1 M
Significantly Up
Up
Slightly volatile
Return on Average Assets(0.0194)(0.018)
Significantly Down
Down
Slightly volatile
Net Cash Flow from Operations41.3 M40.2 M
Fairly Up
Down
Slightly volatile
Current Liabilities199.9 M194.8 M
Fairly Up
Down
Pretty Stable
Total Liabilities443 M431.7 M
Fairly Up
Down
Slightly volatile
Gross Margin0.350.383
Significantly Down
Down
Slightly volatile
Total Debt173.5 M169 M
Fairly Up
Down
Slightly volatile
Asset Turnover0.450.527
Fairly Down
Up
Slightly volatile
Current Assets493.1 M377.9 M
Significantly Up
Down
Slightly volatile
Total Assets2 B1.3 B
Way Up
Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Tidewater's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Tidewater's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tidewater's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tidewater's financial leverage. It provides some insight into what part of Tidewater's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Tidewater's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Tidewater deploys its capital and how much of that capital is borrowed.
Liquidity
Tidewater cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 169.04 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. Tidewater has a current ratio of 1.84, which is typical for the industry and considered as normal. Debt can assist Tidewater until it has trouble settling it off, either with new capital or with free cash flow. So, Tidewater's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tidewater sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tidewater to invest in growth at high rates of return. When we think about Tidewater's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

41.28 Million
Tidewater (TDW) is traded on New York Stock Exchange in USA. It is located in 842 West Sam Houston Parkway North, Houston, TX, United States, 77024 and employs 6,300 people. Tidewater is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tidewater's market, we take the total number of its shares issued and multiply it by Tidewater's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tidewater runs under Energy Equipment & Services sector within Energy industry. The entity has 50.57 M outstanding shares of which 2.27 M shares are at this time shorted by investors with about 2.89 days to cover. Tidewater has about 164.19 M in cash with 45.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.47.
Check Tidewater Probability Of Bankruptcy
Ownership
Tidewater shows a total of fifty million five hundred sixty-six thousand nine hundred outstanding shares. The majority of Tidewater outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tidewater to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tidewater. Please pay attention to any change in the institutional holdings of Tidewater as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Tidewater Ownership Details

Tidewater Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Tidewater jumping above the current price in 90 days from now is about 53.5%. The Tidewater probability density function shows the probability of Tidewater stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6506. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tidewater will likely underperform. Additionally, the company has an alpha of 0.5398, implying that it can generate a 0.54 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 41.12HorizonTargetOdds Above 41.12
46.37%90 days
 41.12 
53.50%
Based on a normal probability distribution, the odds of Tidewater to move above the current price in 90 days from now is about 53.5 (This Tidewater probability density function shows the probability of Tidewater Stock to fall within a particular range of prices over 90 days) .

Tidewater Historical Income Statement

Tidewater Income Statement is one of the three primary financial statements used for reporting Tidewater's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tidewater revenue and expense. Tidewater Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Tidewater Weighted Average Shares is fairly stable at the moment as compared to the past year. Tidewater reported Weighted Average Shares of 44.13 Million in 2022. Weighted Average Shares Diluted is likely to climb to about 47.6 M in 2023, whereas Net Income is likely to drop (23.5 M) in 2023. View More Fundamentals
Consolidated Income  Earning Before Interest and Taxes EBIT  Net Income  

Tidewater Stock Against Markets

Picking the right benchmark for Tidewater stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tidewater stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tidewater is critical whether you are bullish or bearish towards Tidewater at a given time.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Tidewater without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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Tidewater Corporate Directors

Tidewater corporate directors refer to members of a Tidewater board of directors. The board of directors generally takes responsibility for the Tidewater's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tidewater's board members must vote for the resolution. The Tidewater board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard MoulinIndependent DirectorProfile
Kenneth TraubIndependent DirectorProfile
Steven NewmanIndependent DirectorProfile
Dick FagerstalIndependent DirectorProfile

How to buy Tidewater Stock?

Before investing in Tidewater, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tidewater. To buy Tidewater stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tidewater. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Tidewater stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Tidewater stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Tidewater stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tidewater, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.

Already Invested in Tidewater?

The danger of trading Tidewater is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tidewater is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tidewater. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tidewater is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map. For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide. Note that the Tidewater information on this page should be used as a complementary analysis to other Tidewater's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Tidewater price analysis, check to measure Tidewater's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tidewater is operating at the current time. Most of Tidewater's value examination focuses on studying past and present price action to predict the probability of Tidewater's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tidewater's price. Additionally, you may evaluate how the addition of Tidewater to your portfolios can decrease your overall portfolio volatility.
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Is Tidewater's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tidewater. If investors know Tidewater will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tidewater listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51) 
Revenue Per Share
14.676
Quarterly Revenue Growth
0.776
Return On Assets
0.0115
Return On Equity
(0.0283) 
The market value of Tidewater is measured differently than its book value, which is the value of Tidewater that is recorded on the company's balance sheet. Investors also form their own opinion of Tidewater's value that differs from its market value or its book value, called intrinsic value, which is Tidewater's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tidewater's market value can be influenced by many factors that don't directly affect Tidewater's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Technical
Analysis
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Please note, there is a significant difference between Tidewater's value and its price as these two are different measures arrived at by different means. Investors typically determine Tidewater value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidewater's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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