Tidewater (TDW) in Focus: Stock Tumbles 8% – Tale of the Tape

Although this slump was obviously disappointing, the transport-shipping company has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for TDW. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

TDW currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Another better-ranked stock in the same sector is Ardmore Shipping Corporation (ASC) with a Zacks Rank #1 (Strong Buy).

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