Tidewater Inc. (NYSE:TDW) – Capital One Financial Corporation issued their Q2 2018 earnings per share (EPS) estimates for shares of Tidewater in a research report issued on Monday. Capital One Financial Corporation analyst J. Gibney anticipates 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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Tidewater (NYSE TDW) traded down 0.07% during mid-day trading on Wednesday, hitting $26.77. 14,712 shares of the stock traded hands. The firm’s 50-day moving average price is $27.14 and its 200-day moving average price is $26.96. The firm’s market cap is $1.26 billion. Tidewater has a 52 week low of $20.37 and a 52 week high of $30.35.
Several hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its holdings in shares of Tidewater by 391.0% in the first quarter. Bank of New York Mellon Corp now owns 3,082,382 shares of the oil and gas company’s stock valued at $3,545,000 after purchasing an additional 2,454,595 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Tidewater by 8.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 1,509,791 shares of the oil and gas company’s stock valued at $1,737,000 after purchasing an additional 112,779 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Tidewater by 3.3% in the second quarter. Janney Montgomery Scott LLC now owns 1,474,304 shares of the oil and gas company’s stock valued at $1,061,000 after purchasing an additional 46,532 shares during the last quarter. Alta Fundamental Advisers LLC purchased a new stake in shares of Tidewater in the second quarter valued at about $1,023,000. Finally, California Public Employees Retirement System raised its holdings in shares of Tidewater by 1.7% in the second quarter. California Public Employees Retirement System now owns 1,391,746 shares of the oil and gas company’s stock valued at $1,002,000 after purchasing an additional 23,700 shares during the last quarter.
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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