The closing price of Oil States International, Inc. (NYSE: OIS) was $5.63 for the day, up 0.54% from the previous closing price of $5.60. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 1654838 shares were traded.
Ratios:
Our analysis of OIS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.81. 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 357.97M and an Enterprise Value of 472.21M. As of this moment, Oil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.08, and their Forward P/E ratio for the next fiscal year is 10.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.60 whereas that against EBITDA is 5.48.
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 5.97, while the 200-Day Moving Average is calculated to be 7.17.
Shares Statistics:
OIS traded an average of 987.82K shares per day over the past three months and 2M shares per day over the past ten days. A total of 63.33M shares are outstanding, with a floating share count of 59.97M. Insiders hold about 5.68% of the company’s shares, while institutions hold 93.35% stake in the company. Shares short for OIS as of Feb 29, 2024 were 4.77M with a Short Ratio of 4.83, compared to 3.87M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.51% and a Short% of Float of 9.60%.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.06 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 $0.08 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.36 and $0.27 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.53, with 5 analysts recommending between $0.81 and $0.4.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. 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 0.40% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $200.26M, a decrease of -0.80% less than the figure of $0.40% in the same quarter last year. There is a high estimate of $205M 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 $826M, while the lowest revenue estimate was $795.6M, resulting in an average revenue estimate of $814.1M. In the same quarter a year ago, actual revenue was $782.28M, up 4.10% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $892.23M in the next fiscal year. The high estimate is $933M and the low estimate is $852M. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
