Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Oceaneering International, Inc (NYSE: OII) closed the day trading at $22.09 down -1.95% from the previous closing price of $22.53. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 1.14 million shares were traded.
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 4.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.67.
On December 18, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $22 to $26.
On January 19, 2023, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $25.The Benchmark Company initiated its Buy rating on January 19, 2023, with a $25 target price.
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:
As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.33, and their Forward P/E ratio for the next fiscal year is 10.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 3.20.
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 $19.68. The 50-Day Moving Average of the stock is -13.85%, while the 200-Day Moving Average is calculated to be -13.03%.
Shares Statistics:
A total of 101.06M shares are outstanding, with a floating share count of 99.11M. Insiders hold about 1.93% of the company’s shares, while institutions hold 99.77% stake in the company.
Earnings Estimates
The current rating of Oceaneering International, Inc (OII) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.46, with high estimates of $0.47 and low estimates of $0.45.
Analysts are recommending an EPS of between $1.89 and $1.56 for the fiscal current year, implying an average EPS of $1.75. EPS for the following year is $2.17, with 2.0 analysts recommending between $2.27 and $2.07.
Revenue Estimates
3 analysts predict $664.81M in revenue for the current quarter. It ranges from a high estimate of $672M to a low estimate of $653.42M. As of the current estimate, Oceaneering International, Inc’s year-ago sales were $599.09MFor the next quarter, 3 analysts are estimating revenue of $709.72M. There is a high estimate of $717M for the next quarter, whereas the lowest estimate is $696.16M.
A total of 4 analysts have provided revenue estimates for OII’s current fiscal year. The highest revenue estimate was $2.9B, while the lowest revenue estimate was $2.77B, resulting in an average revenue estimate of $2.84B. In the same quarter a year ago, actual revenue was $2.66BBased on 3 analysts’ estimates, the company’s revenue will be $2.98B in the next fiscal year. The high estimate is $3.15B and the low estimate is $2.86B.
