Tidewater Inc. (NYSE:TDW) – Equities research analysts at Capital One Financial issued their Q1 2019 earnings per share estimates for Tidewater in a report issued on Monday, Zacks Investment Research reports. Capital One Financial analyst J. Gibney anticipates that the oil and gas company will post earnings of ($0.56) per share for the quarter. Capital One Financial also issued estimates for Tidewater’s Q2 2019 earnings at ($0.39) EPS.
Shares of Tidewater (NYSE:TDW) traded up $0.05 during trading on Tuesday, reaching $25.90. The company’s stock had a trading volume of 61,614 shares, compared to its average volume of 124,651. The company has a quick ratio of 3.24, a current ratio of 3.36 and a debt-to-equity ratio of 0.43. The company has a market cap of $565.64 and a P/E ratio of -0.04. Tidewater has a 52-week low of $20.37 and a 52-week high of $30.35.
A number of institutional investors have recently made changes to their positions in TDW. California Public Employees Retirement System raised its stake in Tidewater by 1.7% during the 2nd quarter. California Public Employees Retirement System now owns 1,391,746 shares of the oil and gas company’s stock valued at $1,002,000 after acquiring an additional 23,700 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Tidewater during the 2nd quarter valued at $228,000. Third Avenue Management LLC bought a new stake in Tidewater during the 3rd quarter valued at $18,448,000. New York Life Investment Management LLC bought a new stake in Tidewater during the 3rd quarter valued at $28,225,000. Finally, Macquarie Group Ltd. bought a new stake in Tidewater during the 3rd quarter valued at $17,309,000.
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Tidewater Inc provides offshore service vessels and marine support services. The Company operates through four segments: Americas, Asia/Pacific, Middle East/North Africa and Sub-Saharan Africa/Europe. Its Americas segment includes the activities of the Company’s 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 of offshore Mexico, Trinidad and Brazil.
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