Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Oceaneering International, Inc (NYSE: OII) closed at $17.14 in the last session, down -12.68% from day before closing price of $19.63. In other words, the price has decreased by -$12.68 from its previous closing price. On the day, 1.81 million shares were traded. OII stock price reached its highest trading level at $18.68 during the session, while it also had its lowest trading level at $16.68.
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 3.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.21. 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 1.19 whereas as Long-Term Debt/Eq ratio is at 1.01.
On January 10, 2025, Citigroup Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $30.
Barclays Upgraded its Underweight to Equal Weight on December 18, 2024, whereas the target price for the stock was revised from $22 to $26.
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 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 1732356864 and an Enterprise Value of 2078625536. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.90, and their Forward P/E ratio for the next fiscal year is 9.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 0.781 whereas that against EBITDA is 5.944.
Stock Price History:
The Beta on a monthly basis for OII is 1.54, which has changed by -0.31604153 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, OII has reached a high of $30.98, while it has fallen to a 52-week low of $18.87. The 50-Day Moving Average of the stock is -24.18%, while the 200-Day Moving Average is calculated to be -31.81%.
Shares Statistics:
According to the various share statistics, OII traded on average about 909.90K shares per day over the past 3-months and 897450 shares per day over the past 10 days. A total of 100.66M shares are outstanding, with a floating share count of 99.17M. Insiders hold about 1.88% of the company’s shares, while institutions hold 100.19% stake in the company. Shares short for OII as of 1741910400 were 4191403 with a Short Ratio of 4.61, compared to 1739491200 on 5063836. Therefore, it implies a Short% of Shares Outstanding of 4191403 and a Short% of Float of 5.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.32. The current Payout Ratio is 0.00% for OII, which recently paid a dividend on 2017-08-23 with an ex-dividend date of 1503446400. Stock splits for the company last occurred on 2011-06-13 when the company split stock in a 2:1 ratio.
