Shares of Tidewater Midstream and Infrastructure Ltd. (EAST: TWM – Get a rating) have obtained a consensus “buy” recommendation from the twelve research companies that cover the stock, market beat reports. Seven equity research analysts rated the stock with a buy rating. The average 1-year price target among brokerages that have reported on the stock in the past year is CA$1.96.
TWM has been the subject of a number of research analyst reports. Standpoint Research raised its price target on Tidewater Midstream and Infrastructure from C$2.00 to C$2.15 in a Monday, May 16 report. Atb Cap Markets reaffirmed an “outperform” rating on shares of Tidewater Midstream and Infrastructure in a Monday, February 7 report.
Shares of EAST: TWM traded at C$0.03 during Friday’s session, to reach C$1.37. 562,083 shares of the company were traded, against an average volume of 388,900. The company’s 50-day moving average is C$1.29 and its two-hundred-day moving average is C$1.30. The company has a market capitalization of C$468.27 million and a PE ratio of 5.21. The company has a quick ratio of 0.54, a current ratio of 0.73 and a debt ratio of 114.60. Tidewater Midstream and Infrastructure has a 52-week low of CA$1.15 and a 52-week high of CA$1.58.
Tidewater Midstream and Infrastructure (EAST: TWM – Get a rating) last released its quarterly results on Thursday, March 10. The company reported EPS of C$0.04 for the quarter, beating analyst consensus estimates of C$0.03 by C$0.01. The company posted revenue of C$534.58 million for the quarter, compared to analyst estimates of C$434.00 million. As a group, research analysts expect Tidewater Midstream and Infrastructure to post EPS of 0.21 for the current year.
About Tidewater Midstream and Infrastructure (Get a rating)
Tidewater Midstream and Infrastructure Ltd., through its subsidiaries, operates as a diversified midstream and infrastructure company in North America. It is primarily focused on natural gas, natural gas liquids (NGL) and crude oil processing plants and operations located in the Deep Basin, Edmonton and Montney regions of Alberta and British Columbia.
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