In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Oceaneering International, Inc (NYSE: OII) closed the day trading at $28.36 down -1.29% from the previous closing price of $28.73. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 0.89 million shares were traded. OII stock price reached its highest trading level at $28.835 during the session, while it also had its lowest trading level at $28.03.
Ratios:
For a better understanding of OII, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.38. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when GRANATO LEONARDO P sold 2,000 shares for $28.12 per share. The transaction valued at 56,240 led to the insider holds 19,860 shares of the business.
GRANATO LEONARDO P bought 2,000 shares of OII for $56,240 on Nov 07 ’24. On Sep 10 ’24, another insider, Beachy Karen H, who serves as the Director of the company, sold 3,300 shares for $22.94 each. As a result, the insider received 75,702 and left with 28,229 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 2903440128 and an Enterprise Value of 3293655552. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.38, and their Forward P/E ratio for the next fiscal year is 15.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 4.11. Its current Enterprise Value per Revenue stands at 1.266 whereas that against EBITDA is 10.304.
Stock Price History:
Over the past 52 weeks, OII has reached a high of $30.98, while it has fallen to a 52-week low of $18.67. The 50-Day Moving Average of the stock is 6.59%, while the 200-Day Moving Average is calculated to be 15.27%.
Shares Statistics:
Over the past 3-months, OII traded about 784.82K shares per day on average, while over the past 10 days, OII traded about 725060 shares per day. A total of 101.06M shares are outstanding, with a floating share count of 99.12M. Insiders hold about 1.92% of the company’s shares, while institutions hold 100.47% stake in the company. Shares short for OII as of 1731628800 were 4466947 with a Short Ratio of 5.69, compared to 1728950400 on 4486695. Therefore, it implies a Short% of Shares Outstanding of 4466947 and a Short% of Float of 6.260000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.32.
