Tidewater Inc. (TDW): Today's Featured Transportation Loser

Tidewater ( TDW) pushed the Transportation industry lower today making it today's featured Transportation loser. The industry as a whole closed the day down 0.1%. By the end of trading, Tidewater fell 62 cents (-1.2%) to $50.41 on average volume. Throughout the day, 509,046 shares of Tidewater exchanged hands as compared to its average daily volume of 615,300 shares. The stock ranged in price between $49.98-$50.93 after having opened the day at $50.80 as compared to the previous trading day's close of $51.03. Other company's within the Transportation industry that declined today were: Euroseas ( ESEA), down 13.6%, Newlead Holdings ( NEWL), down 9.2%, Eagle Bulk Shipping ( EGLE), down 7.8%, and Teekay Tankers ( TNK), down 6.8%.

Tidewater Inc., through its subsidiaries, provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels. Tidewater has a market cap of $2.73 billion and is part of the services sector. The company has a P/E ratio of 41.9, above the average transportation industry P/E ratio of 41.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 3.5% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Tidewater a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Tidewater as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, USA Truck ( USAK), up 6.5%, PHI Incorporated Non Voting ( PHIIK), up 6.2%, United Continental Holdings ( UAL), up 5.9%, and TOP Ships ( TOPS), up 5.4%, were all gainers within the transportation industry with Delta Air Lines ( DAL) being today's featured transportation industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).

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