Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Free Report) – Equities research analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Tidewater Midstream and Infrastructure in a note issued to investors on Wednesday, August 19th. Scotiabank analyst R. Hope now anticipates that the company will post earnings per share of ($4.05) for the year, down from their previous forecast of ($0.43). Scotiabank has a “Sector Perform” rating and a $21.00 price target on the stock. The consensus estimate for Tidewater Midstream and Infrastructure’s current full-year earnings is $0.02 per share.
TWM has been the topic of several other research reports. Royal Bank Of Canada upgraded shares of Tidewater Midstream and Infrastructure from a “hold” rating to a “moderate buy” rating in a report on Sunday, August 16th. National Bank Financial boosted their target price on Tidewater Midstream and Infrastructure from C$25.00 to C$27.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Scotia boosted their target price on Tidewater Midstream and Infrastructure from C$21.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Friday, August 14th. Finally, ATB Cormark Capital Markets upped their price target on Tidewater Midstream and Infrastructure from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$23.60.
Tidewater Midstream and Infrastructure Trading Down 3.1%
TSE:TWM opened at C$20.59 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 309.29. The stock has a market capitalization of C$451.66 million, a price-to-earnings ratio of -5.85, a PEG ratio of 0.64 and a beta of 0.09. The firm has a fifty day simple moving average of C$19.21 and a two-hundred day simple moving average of C$14.12. Tidewater Midstream and Infrastructure has a 12 month low of C$4.00 and a 12 month high of C$24.48.
Tidewater Midstream and Infrastructure (TSE:TWM – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.56 earnings per share (EPS) for the quarter. The firm had revenue of C$552.10 million for the quarter. Tidewater Midstream and Infrastructure had a negative return on equity of 42.19% and a negative net margin of 4.75%.
About Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities.
Further Reading
- Five stocks we like better than Tidewater Midstream and Infrastructure
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Receive News & Ratings for Tidewater Midstream and Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tidewater Midstream and Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
