TDW stock icon

Tidewater
TDW

$106.47
1.52%

Market Cap: 5.62B

 

About: Tidewater Inc provides offshore service vessels and marine support services to the offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations, and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.

Employees: 7,300

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

66% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 35

29% more capital invested

Capital invested by funds: $3.62B [Q4 2023] → $4.68B (+$1.06B) [Q1 2024]

9% more funds holding

Funds holding: 253 [Q4 2023] → 276 (+23) [Q1 2024]

1.44% more ownership

Funds ownership: 106.84% [Q4 2023] → 108.28% (+1.44%) [Q1 2024]

6% less funds holding in top 10

Funds holding in top 10: 18 [Q4 2023] → 17 (-1) [Q1 2024]

10% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 96

44% less call options, than puts

Call options by funds: $58M | Put options by funds: $104M

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$88
17%
downside
Avg. target
$104
2%
downside
High target
$130
22%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
BTIG
Gregory Lewis
22%upside
$130
Buy
Maintained
10 May 2024
BTIG
Gregory Lewis
3%upside
$110
Buy
Maintained
19 Mar 2024
Evercore ISI Group
James West
16%downside
$89
Outperform
Maintained
4 Mar 2024
Johnson Rice
Don Crist
17%downside
$88
Buy
Initiated
9 Feb 2024

Financial journalist opinion

Based on 3 articles about TDW published over the past 30 days