Tidewater (NYSE:TDW) vs. Innovex International (NYSE:INVX) Head-To-Head Comparison

Tidewater (NYSE:TDW) and Innovex International (NYSE:INVX) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, profitability and institutional ownership.

Risk and Volatility

Tidewater has a beta of 0.6, meaning that its stock price is 40% less volatile than the S&P 500. Comparatively, Innovex International has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500.

Profitability

This table compares Tidewater and Innovex International’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Tidewater	18.34%	5.36%	3.05%
Innovex International	6.17%	7.12%	5.80%

Earnings and Valuation

This table compares Tidewater and Innovex International”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Tidewater	$1.35 billion	3.04	$334.66 million	$4.94	16.72
Innovex International	$997.53 million	1.94	$83.30 million	$0.89	31.17

Tidewater has higher revenue and earnings than Innovex International. Tidewater is trading at a lower price-to-earnings ratio than Innovex International, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings for Tidewater and Innovex International, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tidewater	0	5	4	1	2.60
Innovex International	0	2	3	1	2.83

Tidewater currently has a consensus price target of $98.25, indicating a potential upside of 18.95%. Innovex International has a consensus price target of $32.75, indicating a potential upside of 18.07%. Given Tidewater’s higher possible upside, research analysts clearly believe Tidewater is more favorable than Innovex International.

Insider & Institutional Ownership

95.1% of Tidewater shares are owned by institutional investors. 5.9% of Tidewater shares are owned by company insiders. Comparatively, 34.9% of Innovex International shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Tidewater beats Innovex International on 8 of the 14 factors compared between the two stocks.

About Tidewater

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

About Innovex International

Innovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.