BTIG Reaffirms Their Hold Rating on Tidewater (TDW)
In a report released yesterday, Gregory Lewis from BTIG maintained a Hold rating on Tidewater. The company’s shares closed yesterday at $78.91.
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Lewis covers the Energy sector, focusing on stocks such as Scorpio Tankers, DHT Holdings, and Frontline. According to TipRanks, Lewis has an average return of 20.3% and a 54.95% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Tidewater.
Based on Tidewater’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $341.11 million and a GAAP net loss of $806 thousand. In comparison, last year the company earned a revenue of $340.36 million and had a net profit of $46.37 million
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