Market Watch Highlights: Oceaneering International, Inc (OII) Ends on an Downturn Note at 17.75

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

As of close of business last night, Oceaneering International, Inc’s stock clocked out at $17.75, down -4.05% from its previous closing price of $18.50. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 1.05 million shares were traded. OII stock price reached its highest trading level at $18.2 during the session, while it also had its lowest trading level at $17.53.

Ratios:

To gain a deeper understanding of OII’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 4.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 0.91.

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:

Investing in insider trades can also provide an investor with insight into how management views future 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 1785561216 and an Enterprise Value of 2235538944. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.93, and their Forward P/E ratio for the next fiscal year is 10.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. 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 2.31. Its current Enterprise Value per Revenue stands at 0.817 whereas that against EBITDA is 5.824.

Stock Price History:

The Beta on a monthly basis for OII is 1.54, which has changed by -0.21181172 over the last 52 weeks, in comparison to a change of 0.09969199 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 $15.46. The 50-Day Moving Average of the stock is -10.84%, while the 200-Day Moving Average is calculated to be -27.92%.

Shares Statistics:

It appears that OII traded 1.06M shares on average per day over the past three months and 1202770 shares per day over the past ten days. A total of 100.59M shares are outstanding, with a floating share count of 98.70M. Insiders hold about 1.88% of the company’s shares, while institutions hold 100.60% stake in the company. Shares short for OII as of 1744675200 were 4047924 with a Short Ratio of 3.81, compared to 1741910400 on 4191403. Therefore, it implies a Short% of Shares Outstanding of 4047924 and a Short% of Float of 5.7299999999999995.

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.

Most Popular