Tidewater (NYSE:TDW) has an average broker rating of 3.08, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Tidewater (NYSE:TDW) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $9 and the lowest price target forecast is $4. The average forecast of all the analysts is $6 and the expected standard deviation is $1.64.
Company shares have received an average consensus rating of Hold for the current week
Tidewater (NYSE:TDW): stock turned positive on Tuesday. Though the stock opened at $4.45, the bulls momentum made the stock top out at $4.56 level for the day. The stock recorded a low of $4.36 and closed the trading day at $4.46, in the green by 4.45%. The total traded volume for the day was 837,973. The stock had closed at $4.27 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Tidewater Inc, Bennett Joseph M, had purchased 10,000 shares in a transaction dated on December 1, 2015. The transaction was executed at $9.36 per share with total amount equaling $93,600.
Tidewater Inc. provides offshore service vessels and marine support services to the global offshore energy industry. The Company operates through four operating segments: Americas, Asia/Pacific, Middle East/North Africa and Sub-Saharan Africa/Europe. The Americas segment includes the activities of its North American operations, which include operations in the United States Gulf of Mexico (GOM), and the United States and Canadian coastal waters of the Pacific and Atlantic oceans, as well as operations in Mexico, Trinidad and Brazil. The Asia/Pacific segment includes its Australian, Southeast Asian and Western Pacific operations. The Middle East/North Africa segment includes its operations in the Mediterranean and Red Seas, the Black Sea, the Arabian Gulf and offshore India. The Sub-Saharan Africa/Europe segment includes operations conducted along the East and West Coasts of Africa, as well as operations in the Caspian Sea, the North Sea, and other arctic and cold water markets.