Tidewater Inc. (NYSE:TDW) shows weekly volitility of 8.04%


Tidewater Inc. (NYSE:TDW) reported its last quarter results on 11/07/2016. This Company belongs to Transportation sector.

In the last trading session, The Company traded 2.36 Million shares. The Stock Market opened sessions at 3.46 and closed at 3.59. There was a stock increase by 4.97 percent.

According to Yahoo Finance, the price target for the company which analysts are aiming is 8.5. The 1-year price target of the company is 3.63.

Investors expected a price target of -0.76 for this quarter.  Zacks Investment Research gave Tidewater Inc. (NYSE:TDW) a rating of 3.47 on a scale of 1 to 5. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

Considering the performance, Tidewater Inc. (NYSE:TDW)’s shares have the potential to reach a high EPS of -0.89 per share, and a low EPS of -1.42 per share in the current quarter. All of these Earnings estimates are a consensus recommendation of 8 Analysts. According to them, the median (average) EPS the company could deliver is -1.16/share. While the actual EPS the company reported in the same quarter previous year was -0.21/share.

For the quarter ending 08/09/2016, The Analyst projected that the company could deliver EPS of -0.74 while the company provided its Actual EPS of -1.04 showing a difference of -0.3 Percent between the Estimated and Actual EPS. Hence, the surprise factor was -40.5 percent.

Analysts estimated $-1.08/share for the previous Quarter, where Tidewater Inc. (NYSE:TDW) reported Actual EPS of $-1.01/share with the difference of 0.07 percent and a surprise of 6.5 percent.

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 -51.25% decrease from the last price of 3.59.

For the current quarter, the highest estimate analysts provided is 154.9 Million and the lowest is 126.8 Million. These 6 Analysts are also projecting the mean revenue estimate of 139.13 Million. The year ago sales the company reported in the same quarter is 218.19 Million.

While Looking at Sales Growth (Year/est), the company is currently showing a percentage value of -417.9 percent.

Tidewater Inc. (NYSE:TDW) topped its 52-week high price target of 11.58 on Mar 7, 2016. The company reached a 52-week low at 1.44 on Nov 8, 2016.

The company’s stock currently has 171.78 Million in market capitalization. The volatility rate is 8.04% percent and 9.85% percent each. Price per earning (ttm) stands at 0.

This year, the company showed a disappointed -417.9 percent of growth. The next year’s growth is calculated to be -2.8 percent. The company projects a long term annual growth estimate of 5 percent.

The company’s growth for the past 5 years has been at 1.63 percent. The Insider Ownership of the company currently is 1.94 percent, and Institutional Ownership is 0 percent.

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.