
Tidewater (TDW) Stock Forecast & Price Target
Tidewater (TDW) Analyst Ratings
Bulls say
Tidewater Inc. has demonstrated strong performance metrics, as evidenced by its vessel utilization rates achieving approximately 78.4% despite a notable increase in vessels in drydock, from 12 to 24, highlighting operational resilience. The company's strategic positioning in the offshore energy sector suggests consistent demand, particularly during warmer months when offshore exploration and construction activities peak, further enhancing revenue potential. Additionally, the anticipated rise in demand for repair and remediation services in the Gulf of Mexico post-hurricane strengthens the positive outlook for Tidewater’s marine and transportation services.
Bears say
Tidewater Inc. has experienced a significant decline in utilization for small platform supply vessels (PSVs), indicating a weakening demand for its services in the offshore energy sector. Despite projections of decreasing net leverage, the company still faces high levels of debt, posing potential risks should market conditions deteriorate further. Overall, these factors contribute to a negative outlook for Tidewater's stock as they signal challenges in maintaining operational efficiency and financial stability.
This aggregate rating is based on analysts' research of Tidewater and is not a guaranteed prediction by Public.com or investment advice.
Tidewater (TDW) Analyst Forecast & Price Prediction
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