Tidewater Inc. (NYSE:TDW) – Analysts at Capital One Financial Corporation issued their Q2 2018 earnings estimates for Tidewater in a research report issued on Monday. Capital One Financial Corporation analyst J. Gibney expects that the oil and gas company will post earnings per share of ($1.01) for the quarter. Capital One Financial Corporation also issued estimates for Tidewater’s Q3 2018 earnings at ($1.08) EPS, Q4 2018 earnings at ($1.11) EPS and FY2019 earnings at ($2.00) EPS.

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A number of other research firms have also weighed in on TDW. BidaskClub raised shares of Tidewater from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 5th. Clarkson Capital raised shares of Tidewater from a “neutral” rating to a “buy” rating in a research report on Tuesday, August 15th. Finally, Zacks Investment Research lowered shares of Tidewater from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $1.00.

Shares of Tidewater (TDW) traded up 0.33% during mid-day trading on Wednesday, reaching $26.97. 6,427 shares of the company’s stock were exchanged. Tidewater has a 52-week low of $20.37 and a 52-week high of $30.35. The company’s market cap is $1.27 billion. The company’s 50-day moving average price is $26.99 and its 200 day moving average price is $26.96.

A number of hedge funds and other institutional investors have recently bought and sold shares of TDW. Deltec Asset Management LLC purchased a new stake in Tidewater during the second quarter worth about $114,000. Public Employees Retirement System of Ohio increased its holdings in Tidewater by 98.6% during the first quarter. Public Employees Retirement System of Ohio now owns 106,929 shares of the oil and gas company’s stock worth $123,000 after buying an additional 53,093 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Tidewater by 502.8% during the first quarter. JPMorgan Chase & Co. now owns 115,513 shares of the oil and gas company’s stock worth $133,000 after buying an additional 96,350 shares during the last quarter. UBS Asset Management Americas Inc. increased its holdings in Tidewater by 339.4% during the first quarter. UBS Asset Management Americas Inc. now owns 135,629 shares of the oil and gas company’s stock worth $156,000 after buying an additional 104,759 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Tidewater during the second quarter worth about $188,000.

Tidewater Company Profile

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.

Earnings History and Estimates for Tidewater (NYSE:TDW)

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