The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Oceaneering International, Inc (NYSE: OII) closed at $26.94 down -0.55% from its previous closing price of $27.09. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.78 million shares were traded. OII stock price reached its highest trading level at $27.82 during the session, while it also had its lowest trading level at $26.925.
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 5.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.08.
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, The Benchmark Company on January 19, 2023, initiated with a Buy rating and assigned the stock a target price of $25.
On October 06, 2022, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $15 to $10.
Piper Sandler Upgraded its Neutral to Overweight on February 01, 2022, whereas the target price for the stock was revised from $17 to $21.
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 2722556416 and an Enterprise Value of 3150150144. As of this moment, Oceaneering’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.31, and their Forward P/E ratio for the next fiscal year is 14.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 3.90. Its current Enterprise Value per Revenue stands at 1.211 whereas that against EBITDA is 9.855.
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 $18.67. The 50-Day Moving Average of the stock is 0.86%, while the 200-Day Moving Average is calculated to be 9.29%.
Shares Statistics:
For the past three months, OII has traded an average of 792.44K shares per day and 799980 over the past ten days. A total of 101.06M shares are outstanding, with a floating share count of 99.12M. Insiders hold about 1.92% of the company’s shares, while institutions hold 100.45% stake in the company. Shares short for OII as of 1731628800 were 4466947 with a Short Ratio of 5.64, compared to 1728950400 on 4486695. Therefore, it implies a Short% of Shares Outstanding of 4466947 and a Short% of Float of 6.260000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.32.
