Added to YB: 2024-07-01
Pitch date: 2024-07-01
TDW [bullish]
Tidewater Inc.
-38.94%
current return
Author Info
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Company Info
Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide.
Market Cap
$2.8B
Pitch Price
$92.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.86
P/E
19.05
EV/Sales
2.24
Sector
Energy Equipment and Services
Category
N/A
Raging Bull Investments Stock Idea - Tidewater Inc.
TDW: Offshore vessel co. Q2 weaker after strong Q1. Shares at $96, down from $111.40 high. 50-100% upside potential despite insider selling, newbuild orders concerns. Strong fundamentals. Sold 5% at low $100s due to position size. Remains large holding, but may trim on further gains. Drillers possibly offer more upside now.
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