Tidewater Inc. (TDW)
Tidewater Statistics
Share Statistics
Tidewater has 51.47M shares outstanding. The number of shares has increased by -2.45% in one year.
| Shares Outstanding | 51.47M |
| Shares Change (YoY) | -2.45% |
| Shares Change (QoQ) | -1.63% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 48.44M |
| Failed to Deliver (FTD) Shares | 10 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 6.43M, so 12.29% of the outstanding shares have been sold short.
| Short Interest | 6.43M |
| Short % of Shares Out | 12.29% |
| Short % of Float | 12.97% |
| Short Ratio (days to cover) | 4.81 |
Valuation Ratios
The PE ratio is 15.88 and the forward PE ratio is 9.1. Tidewater's PEG ratio is 0.19.
| PE Ratio | 15.88 |
| Forward PE | 9.1 |
| PS Ratio | 2.13 |
| Forward PS | 1 |
| PB Ratio | 2.58 |
| P/FCF Ratio | 11.65 |
| PEG Ratio | 0.19 |
Enterprise Valuation
Tidewater has an Enterprise Value (EV) of 3.18B.
| EV / Sales | 2.36 |
| EV / EBITDA | 6.94 |
| EV / EBIT | 11.62 |
| EV / FCF | 12.92 |
Financial Position
The company has a current ratio of 2.11, with a Debt / Equity ratio of 0.57.
| Current Ratio | 2.11 |
| Quick Ratio | 2.11 |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 1.39 |
| Debt / FCF | 2.59 |
| Interest Coverage | 4.27 |
Financial Efficiency
Return on Equity is 16.22% and Return on Invested Capital is 13.45%.
| Return on Equity | 16.22% |
| Return on Assets | 8.71% |
| Return on Invested Capital | 13.45% |
| Revenue Per Employee | $174.78K |
| Profits Per Employee | $23.46K |
| Employee Count | 7,700 |
| Asset Turnover | 0.65 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 50.22M |
| Effective Tax Rate | 21.88% |
Stock Price Statistics
The stock price has increased by -65.67% in the last 52 weeks. The beta is 0.7, so Tidewater's price volatility has been higher than the market average.
| Beta | 0.7 |
| 52-Week Price Change | -65.67% |
| 50-Day Moving Average | 45.65 |
| 200-Day Moving Average | 64.37 |
| Relative Strength Index (RSI) | 33.65 |
| Average Volume (20 Days) | 1.49M |
Income Statement
In the last 12 months, Tidewater had revenue of 1.35B and earned 180.66M in profits. Earnings per share was 3.44.
| Revenue | 1.35B |
| Gross Profit | 406.4M |
| Operating Income | 311.35M |
| Net Income | 180.66M |
| EBITDA | 458.62M |
| EBIT | 302.45M |
| Earnings Per Share (EPS) | 3.44 |
Balance Sheet
The company has 324.92M in cash and 637.1M in debt, giving a net cash position of -312.18M.
| Cash & Cash Equivalents | 324.92M |
| Total Debt | 637.1M |
| Net Cash | -312.18M |
| Retained Earnings | -548.83M |
| Total Assets | 2.07B |
| Working Capital | 367.05M |
Cash Flow
In the last 12 months, operating cash flow was 273.85M and capital expenditures -27.58M, giving a free cash flow of 246.27M.
| Operating Cash Flow | 273.85M |
| Capital Expenditures | -27.58M |
| Free Cash Flow | 246.27M |
| FCF Per Share | 4.7 |
Margins
Gross margin is 30.2%, with operating and profit margins of 23.13% and 13.42%.
| Gross Margin | 30.2% |
| Operating Margin | 23.13% |
| Pretax Margin | 17.05% |
| Profit Margin | 13.42% |
| EBITDA Margin | 34.08% |
| EBIT Margin | 23.13% |
| FCF Margin | 18.3% |
Dividends & Yields
TDW does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 6.3% |
| FCF Yield | 8.58% |
Analyst Forecast
The average price target for TDW is $102, which is 202.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $102 |
| Price Target Difference | 202.5% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Aug 1, 2017. It was a backward split with a ratio of 31:1000.
| Last Split Date | Aug 1, 2017 |
| Split Type | backward |
| Split Ratio | 31:1000 |
Scores
| Altman Z-Score | 2.02 |
| Piotroski F-Score | 9 |