Three Eye-Catching Stocks : Tidewater Inc. (NYSE:TDW)


Tidewater Inc. (NYSE:TDW) added 12.81% and closed its last session at $2.29. The stock has the market capitalization of $107.81 Million with the total outstanding shares of 47.08 Million. Tidewater Inc.. has Analysts’ Mean Recommendation of 3.47 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 0.

Tidewater Inc. (NYSE:TDW) touched its 52-Week High of $11.58 on Mar 7, 2016 while it’s 52-Week Low of $1.44 on Nov 8, 2016. The company currently has Return on Assets of -7.8 percent, Return on Equity of -16.5% and Return on Investment of -2.1 percent. The stock currently showing Weekly Volatility of 9.60%% and Monthly Volatility of 13.61% Percent with Average True Range of 0.27 and Beta of 2.25.

The 4 analysts offering 12-month price forecasts for Tidewater Inc have a median target of 1.75, with a high estimate of 3.00 and a low estimate of 1.00. The median estimate represents a -23.58% decrease from the last price of 2.29.

Press Release:

The Company on 3 November declared that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Cowen and Company Energy & Natural Resources Conference in New York, New York on Tuesday, December 6, 2016, at approximately 1:15 p.m. Eastern time.  Upon completion of the presentation, the company will also file a Form 8-K with the SEC which will include a copy of the slides used by the presenter.

Company Profile:

Tidewater, Inc. owns and operates one of the world’s largest fleets serving the international offshore energy industry. Tidewater vessels can be found in virtually every area of the world where there is significant oil and gas exploration, development or production. These provide a wide range of services including: transporting crews and supplies between the mainland and offshore locations; towing and positioning mobile drilling rigs; assisting in offshore construction projects; and a variety of specialized services including cable laying and 3-D seismic work.