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Oceaneering International, Inc. (NYSE: OII) closed the day trading at $25.06 down -3.98% from the previous closing price of $26.10. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 0.69 million shares were traded. OII stock price reached its highest trading level at $25.875 during the session, while it also had its lowest trading level at $24.9.
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 6.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.19.
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 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 2543113728 and an Enterprise Value of 3059538944. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.61, and their Forward P/E ratio for the next fiscal year is 14.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 1.196 whereas that against EBITDA is 9.98.
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 -4.05%, while the 200-Day Moving Average is calculated to be 8.55%.
Shares Statistics:
Over the past 3-months, OII traded about 818.92K shares per day on average, while over the past 10 days, OII traded about 927100 shares per day. A total of 100.80M shares are outstanding, with a floating share count of 99.49M. Insiders hold about 1.96% of the company’s shares, while institutions hold 98.83% stake in the company. Shares short for OII as of 1724976000 were 5162072 with a Short Ratio of 6.60, compared to 1722384000 on 4341031. Therefore, it implies a Short% of Shares Outstanding of 5162072 and a Short% of Float of 7.199999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.32.
Earnings Estimates
The current market rating for Oceaneering International, Inc. (OII) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.44, with high estimates of $0.45 and low estimates of $0.43.
Analysts are recommending an EPS of between $1.38 and $1.3 for the fiscal current year, implying an average EPS of $1.35. EPS for the following year is $1.77, with 3.0 analysts recommending between $1.9 and $1.62.
Revenue Estimates
3 analysts predict $685.98M in revenue for the current quarter. It ranges from a high estimate of $695.04M to a low estimate of $679M. As of the current estimate, Oceaneering International, Inc.’s year-ago sales were $637.7MFor the next quarter, 3 analysts are estimating revenue of $666.79M. There is a high estimate of $680.7M for the next quarter, whereas the lowest estimate is $648M.
A total of 4 analysts have provided revenue estimates for OII’s current fiscal year. The highest revenue estimate was $2.65B, while the lowest revenue estimate was $2.6B, resulting in an average revenue estimate of $2.63B. In the same quarter a year ago, actual revenue was $2.42BBased on 4 analysts’ estimates, the company’s revenue will be $2.84B in the next fiscal year. The high estimate is $2.89B and the low estimate is $2.79B.
