After beating estimates last quarter by $0.07, Tidewater
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Tidewater, with six of eight rating it a buy and the remainder rating it a hold. Analysts like Tidewater better than competitor Bristow Group overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $253.7 million in revenue this quarter. That would represent a decline of 5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.44 per share. Estimates range from $0.30 to $0.58.
What our community says:
CAPS All-Stars are solidly behind the stock with 98.7% giving it an outperform rating. The community at large agrees with the All-Stars with 96.9% awarding it a rating of outperform. Fools are gung-ho about Tidewater and haven't been shy with their opinions lately, logging 242 posts in the past 30 days. Even with a robust four out of five stars, Tidewater's CAPS rating falls a little short of the community's upbeat outlook.
Management:
Tidewater's income has fallen year over year by an average of 60% over the past five quarters. Revenue has fallen for the past three quarters.
Quarter | Q1 | Q4 | Q3 | Q2 |
Gross Margin | 39.7% | 39.1% | 39.9% | 36.3% |
Operating Margin | 11.7% | 13.6% | 13.9% | 8.7% |
Net Margin | 9.6% | 4.7% | 12.6% | 7.3% |
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Tidewater now.
The Motley Fool owns shares of Tidewater. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.