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 up 0.6%. By the end of trading, Tidewater fell 59 cents (-1.3%) to $45.40 on light volume. Throughout the day, 303,682 shares of Tidewater exchanged hands as compared to its average daily volume of 623,900 shares. The stock ranged in price between $45.03-$45.80 after having opened the day at $45.78 as compared to the previous trading day's close of $45.99. Other company's within the Transportation industry that declined today were: Danaos Corporation ( DAC), down 7.3%, Seanergy Maritime Holdings ( SHIP), down 5.5%, Lan Airlines ( LFL), down 5.4%, and Providence & Worcester Railroad Company ( PWX), down 4.5%.

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 $2.32 billion and is part of the services sector. The company has a P/E ratio of 26.6, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 8.3% 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 one rates it a hold.

TheStreet Ratings rates Tidewater as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity.

On the positive front, Sino-Global Shipping America ( SINO), up 10%, Globus Maritime ( GLBS), up 8%, China Eastern Airlines Corporation ( CEA), up 6.3%, and China Southern Airlines Company ( ZNH), up 6.3%, were all gainers within the transportation industry with Kansas City Southern ( KSU) 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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