Middlesex Water Announces Third Quarter 2024 Financial Results
| TDW Stock | USD 51.72 1.45 2.88% |
Slightly above 69 percent of all Tidewater's sophisticated investors are curious in acquiring. The analysis of overall sentiment of trading Tidewater stock suggests that a large number of investors are confidant at this time. Tidewater's investing sentiment can be driven by a variety of factors including economic data, Tidewater's earnings reports, geopolitical events, and overall market trends.
Tidewater |
Diluted earnings per share of 0.80 for the quarter, an increase of 42.9 percent in comparison to the prior yearCommon dividend increased by 4.62. ISELIN, N.J., Oct. 31, 2024 -- Middlesex Water Company a provider of water and wastewater services, today announced third quarter financial results. Third Quarter Operating Results Diluted earnings per share were 0.80 and 0.56 for the three months ended September 30, 2024, and 2023, respectivel
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Tidewater Investor Sentiment by Other News Outlets
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Tidewater Fundamental Analysis
We analyze Tidewater's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tidewater using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tidewater based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Tidewater is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Tidewater Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tidewater stock to make a market-neutral strategy. Peer analysis of Tidewater could also be used in its relative valuation, which is a method of valuing Tidewater by comparing valuation metrics with similar companies.
Peers
Tidewater Related Equities
| VAL | Valaris | 1.36 | ||||
| FTI | TechnipFMC PLC | 1.16 | ||||
| NGS | Natural Gas | 0.84 | ||||
| CHX | ChampionX | 0.81 | ||||
| VTOL | Bristow | 0.74 | ||||
| FET | Forum Energy | 0.53 | ||||
| RES | RPC | 0.31 | ||||
| NOV | NOV | 0.19 | ||||
| LBRT | Liberty Oilfield | 0.22 | ||||
| WFRD | Weatherford International | 0.29 | ||||
| RNGR | Ranger Energy | 1.02 | ||||
| EFXT | Enerflex | 1.08 | ||||
| XPRO | Expro Group | 1.84 |
Additional Tools for Tidewater Stock Analysis
When running Tidewater's price analysis, check to measure Tidewater's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tidewater is operating at the current time. Most of Tidewater's value examination focuses on studying past and present price action to predict the probability of Tidewater's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tidewater's price. Additionally, you may evaluate how the addition of Tidewater to your portfolios can decrease your overall portfolio volatility.