How to Buy Tidewater Stock
Tidewater Inc
Tidewater is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker TDW on the NYSE exchange.
Tidewater stock last closed at $93.89, up 2.7% from the previous day, and has increased 132.4% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 1.03 percentage points. Tidewater stock is currently +137.52% from its 52-week low of $39.53, and -7.13% from its 52-week high of $101.10.
As of May 2, 2024, there are 52.76M shares of TDW outstanding. The market value of TDW is $4.95B. In the last 24 hours, 888,748 TDW shares were traded.
How to Buy Tidewater Stock
Not sure how to invest in Tidewater stock? Here's how.
- Decide where to buy Tidewater stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Tidewater stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Research Tidewater stock: The Tidewater ticker symbol is TDW. Is Tidewater stock a good investment? Should you buy shares of TDW? How do TDW's underlying business fundamentals look? Do top analysts think Tidewater is a good buy? Why has TDW's stock price moved recently? (Hint: Our stock research tools can help you figure out if TDW is a good stock to buy).
- Place your TDW buy order: Decide if you will purchase TDW shares at the current market price or use a limit order to buy TDW shares at a specific price.
- Track your TDW investment: Create a watchlist to monitor your new investment in Tidewater stock.
Step 1: Decide where to buy Tidewater stock
You need an online brokerage account in order to access the NYSE market and buy TDW stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you can buy TDW today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on investing apps, you need to deposit funds:
Check out this video walkthrough if you need help depositing money into your new investment account.
Step 4: Research Tidewater stock
After you have figured out the best place to buy Tidewater stock, it's important to analyze their stock before you invest, so you can wrap your head around the risk and upside.
Tidewater Numbers
TDW Zen Score
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on TDW's stock page.
How is TDW stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TDW's intrinsic value.
Using relative valuations metrics:
- TDW could be overvalued based on its P/E ratio of 36.68x, relative to Oil & Gas Equipment & Services industry P/E ratio of 16.87x
- TDW could be overvalued based on its P/B ratio of 4.69x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.6x
You can access additional valuation analysis on TDW's stock here.
Is TDW a healthy company?
Passed Financial Due Diligence Checks:
- TDW's operating cash flow of $146.68M allows it to safely service it's debt of $723.34M.
- TDW profit margin has gone up from 0.2% to 11.7% in the past year.
- There are more short-term assets than short-term liabilities on the TDW balance sheet.
Failed Financial Due Diligence Checks:
- TDW earnings of $241.64M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the TDW balance sheet.
- Total TDW debt is higher than 5 years ago, relative to shareholder equity.
- TDW has a relatively high debt to equity ratio of 0.97.
Do Wall Street analysts think it's a good time to buy TDW stock
Out of 3 sell side analysts who track TDW, the consensus analyst rating on TDW is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Tidewater stock forecast page.
Metrics for Advanced TDW Traders
TDW Performance Numbers
Last year, TDW revenue was $1.14B. In the last five year, TDW's revenue has gone up by 21.09% per year. This was faster than the Oil & Gas Equipment & Services industry average of 9.03%.
Find out more about TDW's earnings and revenue performance here.
What are TDW executives and large shareholders up to?
In the past 12 months, insiders at TDW have bought more shares than they have sold.
Robert Robotti, Director of TDW, was the latest TDW insider to buy. They bought $31,235.40 worth of TDW stock on Apr 1, 2024.
Dig into more about who owns TDW shares here.
Does TDW provide a stable income stream?
No, Tidewater doesn't provide an income stream by paying out dividends.
What do other investors have to say about TDW?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your TDW buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and your broker will place the order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Track your TDW investment
Now that you own some shares in TDW, you'll want to keep up with your new shares.
Put TDW on a watchlist to get alerted to the latest events about your TDW stock.
TDW Feed
How to Buy Stock in Tidewater
To reiterate, here are the 6 steps to buy stock in Tidewater:
- Decide where to buy Tidewater stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Tidewater stock
- Place your TDW buy order
- Track your TDW investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Tidewater, click below.
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