Tidewater (TDW) to Release Quarterly Earnings on Thursday

Tidewater (NYSE:TDW) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Tidewater to post earnings of $0.49 per share and revenue of $325.90 million for the quarter.

Tidewater Price Performance

Shares of NYSE TDW opened at $37.59 on Wednesday. The stock has a fifty day moving average price of $39.77 and a 200 day moving average price of $49.54. Tidewater has a 1-year low of $31.17 and a 1-year high of $111.42. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.29 and a quick ratio of 2.19. The company has a market cap of $1.93 billion, a PE ratio of 11.05 and a beta of 0.70.

Insider Buying and Selling

In related news, Director Robert Robotti purchased 25,000 shares of Tidewater stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost of $40.11 per share, for a total transaction of $1,002,750.00. Following the transaction, the director now owns 2,208,670 shares in the company, valued at approximately $88,589,753.70. The trade was a 1.14 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 8.33% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Evercore ISI downgraded shares of Tidewater from an “outperform” rating to an “in-line” rating and lowered their target price for the company from $112.00 to $68.00 in a report on Wednesday, January 15th. Pickering Energy Partners cut Tidewater from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Tidewater currently has a consensus rating of “Moderate Buy” and an average target price of $92.50.

Tidewater Company Profile

Tidewater Inc, together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying.