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In the latest session, Oceaneering International, Inc (NYSE: OII) closed at $22.15 up 3.02% from its previous closing price of $21.50. In other words, the price has increased by $3.02 from its previous closing price. On the day, 0.72 million shares were traded. OII stock price reached its highest trading level at $22.23 during the session, while it also had its lowest trading level at $21.73.
Ratios:
For a deeper understanding of Oceaneering International, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 1.01.
On December 18, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $22 to $26.
On January 19, 2023, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $25.The Benchmark Company initiated its Buy rating on January 19, 2023, with a $25 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2229641216 and an Enterprise Value of 2582937088. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.37, and their Forward P/E ratio for the next fiscal year is 11.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 0.971 whereas that against EBITDA is 7.386.
Stock Price History:
The Beta on a monthly basis for OII is 1.96, which has changed by -0.030210137 over the last 52 weeks, in comparison to a change of 0.10838497 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 $18.87. The 50-Day Moving Average of the stock is -5.96%, while the 200-Day Moving Average is calculated to be -11.90%.
Shares Statistics:
For the past three months, OII has traded an average of 884.14K shares per day and 1214600 over the past ten days. A total of 100.66M shares are outstanding, with a floating share count of 98.77M. Insiders hold about 1.88% of the company’s shares, while institutions hold 100.16% stake in the company. Shares short for OII as of 1740700800 were 4572162 with a Short Ratio of 5.17, compared to 1738281600 on 5034463. Therefore, it implies a Short% of Shares Outstanding of 4572162 and a Short% of Float of 6.45.
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.
