As of close of business last night, Oil States International, Inc.’s stock clocked out at $5.48, down -1.26% from its previous closing price of $5.55. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1481380 shares were traded.
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 7.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.44. 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 348.43M and an Enterprise Value of 462.67M. As of this moment, Oil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.33, and their Forward P/E ratio for the next fiscal year is 10.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 0.59 whereas that against EBITDA is 5.37.
Stock Price History:
Over the past 52 weeks, OIS has reached a high of $10.47, while it has fallen to a 52-week low of $5.49. The 50-Day Moving Average of the stock is 6.31, while the 200-Day Moving Average is calculated to be 7.26.
Shares Statistics:
It appears that OIS traded 741.35K shares on average per day over the past three months and 1.02M shares per day over the past ten days. A total of 63.33M shares are outstanding, with a floating share count of 59.99M. Insiders hold about 5.65% of the company’s shares, while institutions hold 93.35% stake in the company. Shares short for OIS as of Jan 31, 2024 were 3.87M with a Short Ratio of 5.22, compared to 3.38M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.06% and a Short% of Float of 7.74%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.07 and a low estimate of -$0.08, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.07, with high estimates of $0.1 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.41 and $0.23 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.52, with 5 analysts recommending between $0.81 and $0.3.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $198.37M. It ranges from a high estimate of $208.3M to a low estimate of $188M. As of the current estimate, Oil States International, Inc.’s year-ago sales were $196.2M, an estimated increase of 1.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $201.74M, a decrease of -0.10% less than the figure of $1.10% in the same quarter last year. There is a high estimate of $211.8M for the next quarter, whereas the lowest estimate is $196.3M.
A total of 5 analysts have provided revenue estimates for OIS’s current fiscal year. The highest revenue estimate was $853.8M, while the lowest revenue estimate was $797M, resulting in an average revenue estimate of $819.94M. In the same quarter a year ago, actual revenue was $782.28M, up 4.80% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $899.05M in the next fiscal year. The high estimate is $956.2M and the low estimate is $821M. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
