Tidewater, Inc. Hits Day High with Strong 8.24% Intraday Surge

Tidewater, Inc., a small-cap player in the transport services industry, has experienced a significant uptick in its stock performance, gaining 8.24% on February 24, 2026. The stock reached an intraday high of USD 80.50, showcasing its strong market activity. Over the past week, Tidewater has surged by 13.59%, and its one-month performance stands at an impressive 31.55%. Year-to-date, the stock has increased by 57.26%, significantly outperforming the S&P 500, which has only seen a 0.94% rise in the same period. In terms of financial metrics, Tidewater boasts a return on equity (ROE) of 15.70% and a price-to-earnings (P/E) ratio of 12.00. However, the company’s price-to-book ratio is 3.18, indicating a premium valuation compared to its peers. Despite these metrics, Tidewater has shown robust growth, with a remarkable 525.43% increase over the past five years, far exceeding the S&P 500's performance of 76.86%. This performance highlights Tidewater's strong position within the transport services sector.