Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Oceaneering International, Inc’s stock clocked out at $18.98, up 3.26% from its previous closing price of $18.38. In other words, the price has increased by $3.26 from its previous closing price. On the day, 0.66 million shares were traded.
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 4.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.33. 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:
As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.62, and their Forward P/E ratio for the next fiscal year is 11.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.47.
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 $15.46. The 50-Day Moving Average of the stock is -2.07%, while the 200-Day Moving Average is calculated to be -22.20%.
Shares Statistics:
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 98.81% stake in the company.
