Tidewater (TDW) to Release Quarterly Earnings on Thursday

Tidewater (NYSE:TDW - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results 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

NYSE TDW traded down $0.27 on Tuesday, hitting $36.31. The stock had a trading volume of 27,463 shares, compared to its average volume of 1,079,246. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.19 and a current ratio of 2.29. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 10.69 and a beta of 0.70. The firm has a 50-day moving average of $40.05 and a 200-day moving average of $49.62. Tidewater has a 52-week low of $31.17 and a 52-week high of $111.42.

Wall Street Analyst Weigh In

Several research firms have issued reports on TDW. Evercore ISI lowered shares of Tidewater from an "outperform" rating to an "in-line" rating and cut their price target for the company from $112.00 to $68.00 in a research report on Wednesday, January 15th. Pickering Energy Partners cut Tidewater from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $92.50.

Insiders Place Their Bets

In related news, Director Robert Robotti purchased 1,770 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average cost of $40.95 per share, with a total value of $72,481.50. Following the transaction, the director now directly owns 2,183,670 shares in the company, valued at $89,421,286.50. This trade represents a 0.08 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 8.33% of the stock is currently owned by company insiders.

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.