Media headlines about Tidewater (NYSE:TDW) have been trending somewhat negative recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tidewater earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.9893396913155 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- (TDW) Shares Trading down at $0.900 Tidewater Announces Continued Listing Of… - Highlight Press (highlightpress.com)
- Boom or Bust? Is there any value in Tidewater Inc. (NYSE:TDW)? - FLBC News (flbcnews.com)
- Tidewater Announces Continued Listing Of New Shares Of Common … - PR Newswire (press release) (prnewswire.com)
- Tidewater Announces Continued Listing Of New Shares Of Common Stock And Trading Under Ticker “TDW” And Authorization Of New Listing Of Series A And Series B Warrants Following Emergence From Chapter 11 Reorganization (finance.yahoo.com)
- Shares Seesawing on Volume: Tidewater Inc (TDW) - Stock Press Daily (stockpressdaily.com)
Shares of Tidewater (TDW) traded up 6.67% during trading on Friday, reaching $0.96. The company’s stock had a trading volume of 1,815,363 shares. The stock’s 50 day moving average price is $0.83 and its 200 day moving average price is $1.17. Tidewater has a 52 week low of $0.66 and a 52 week high of $4.80. The company’s market cap is $45.24 million.
Tidewater (NYSE:TDW) last announced its quarterly earnings data on Monday, June 12th. The oil and gas company reported ($0.94) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.29) by $0.35. Tidewater had a negative return on equity of 6.16% and a negative net margin of 109.72%. The company had revenue of $160.75 million for the quarter, compared to analysts’ expectations of $118.75 million. Equities research analysts predict that Tidewater will post ($5.40) EPS for the current year.
Separately, Zacks Investment Research upgraded Tidewater from a “hold” rating to a “buy” rating and set a $1.00 price objective on the stock in a report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $2.17.
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About Tidewater
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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