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The price of Oceaneering International, Inc (NYSE: OII) closed at $24.40 in the last session, down -1.37% from day before closing price of $24.74. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 0.83 million shares were traded. OII stock price reached its highest trading level at $24.81 during the session, while it also had its lowest trading level at $24.38.
Ratios:
We take a closer look at OII’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on January 19, 2023, initiated with a Buy rating and assigned the stock a target price of $25.
On October 06, 2022, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $15 to $10.
Piper Sandler Upgraded its Neutral to Overweight on February 01, 2022, whereas the target price for the stock was revised from $17 to $21.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 10 ’24 when Beachy Karen H sold 3,300 shares for $22.94 per share. The transaction valued at 75,702 led to the insider holds 28,229 shares of the business.
Beachy Karen H bought 3,300 shares of OII for $75,702 on Sep 10 ’24. On Aug 20 ’24, another insider, MCEVOY M KEVIN, who serves as the Director of the company, sold 9,675 shares for $26.12 each. As a result, the insider received 252,711 and left with 141,837 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OII now has a Market Capitalization of 2500219136 and an Enterprise Value of 2893457920. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.40, and their Forward P/E ratio for the next fiscal year is 13.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 3.53. Its current Enterprise Value per Revenue stands at 1.112 whereas that against EBITDA is 9.052.
Stock Price History:
Over the past 52 weeks, OII has reached a high of $30.45, while it has fallen to a 52-week low of $18.67. The 50-Day Moving Average of the stock is -2.90%, while the 200-Day Moving Average is calculated to be 2.87%.
Shares Statistics:
According to the various share statistics, OII traded on average about 757.48K shares per day over the past 3-months and 913530 shares per day over the past 10 days. A total of 100.80M shares are outstanding, with a floating share count of 99.13M. Insiders hold about 1.91% of the company’s shares, while institutions hold 100.71% stake in the company. Shares short for OII as of 1728950400 were 4486695 with a Short Ratio of 5.92, compared to 1726185600 on 5407545. Therefore, it implies a Short% of Shares Outstanding of 4486695 and a Short% of Float of 6.25.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.32.
