Tidewater Stock Discussion

CEO Quintin Kneen is confident in Tidewater's potential to increase revenue by 40% and gross margin by 66% in 2024, citing improving offshore vessel demand and a vessel shortage. Evercore ISI analyst James West maintains his Buy rating, attributing this to Tidewater's diversified global footprint and strong offshore fundamentals.

Despite a lower ROE, Tidewater's high reinvestment rate and significant net income growth over the past five years are positives. The company's earnings are expected to accelerate according to forecasts.

Tidewater's P/S ratio indicates strong investor sentiment and expectation for future revenue growth, justifying the high ratio with solid revenue performance and growth projections surpassing the Energy Services industry.

TDM is Bursa plantation company with a healthcare arm.
Professor Bruce Greenwald opined that you can get strategic insights by comparing the asset value (AV) with the earnings power value (EPV) of a company.
In a very competitive environment would have the AV = EPV ie the assets have been well deployed to generate profits. If a company has a strong economic moat, you would expect EPV to be much greater than the AV. If you have a case of the EPV being muc...

Bruce E. Patrick, Tidewater President, expressed gratitude for Eckeard's successful management and his continued contributions to the company's business. His promotion is seen as a positive step in the company's operations.

Despite Tidewater's low ROE, its significant net income growth may be due to strategic moves or a low payout ratio. All profits reinvestment could be boosting earnings growth. Analysts predict continuous expansion of earnings.