For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Oil States International, Inc.’s stock clocked out at $5.42, down -2.69% from its previous closing price of $5.57. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 1.24 million shares were traded. OIS stock price reached its highest trading level at $5.6475 during the session, while it also had its lowest trading level at $5.395.
Ratios:
To gain a deeper understanding of OIS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, Raymond James on September 07, 2023, initiated with a Outperform rating and assigned the stock a target price of $10.
On March 07, 2022, Piper Sandler Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OIS now has a Market Capitalization of 348018752 and an Enterprise Value of 458858656. As of this moment, Oil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.03, and their Forward P/E ratio for the next fiscal year is 10.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.587 whereas that against EBITDA is 5.517.
Stock Price History:
Over the past 52 weeks, OIS has reached a high of $9.02, while it has fallen to a 52-week low of $5.22. The 50-Day Moving Average of the stock is -7.74%, while the 200-Day Moving Average is calculated to be -23.22%.
Shares Statistics:
It appears that OIS traded 1.37M shares on average per day over the past three months and 1130750 shares per day over the past ten days. A total of 63.33M shares are outstanding, with a floating share count of 60.72M. Insiders hold about 5.44% of the company’s shares, while institutions hold 91.21% stake in the company. Shares short for OIS as of 1711584000 were 1619045 with a Short Ratio of 1.18, compared to 1709164800 on 4772111. Therefore, it implies a Short% of Shares Outstanding of 1619045 and a Short% of Float of 3.25.
Earnings Estimates
The current assessment of Oil States International, Inc. (OIS) involves the perspectives of Walt Disney Company (The) analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $68.51, with high estimates of $24.65 and low estimates of $70.35.
