FY2018 EPS Estimates for Oil States International, Inc. (OIS) Lowered by Analyst

Wells Fargo & Company lowered shares of Oil States International from an outperform rating to a market perform rating and set a $33.00 price target on the a report on Friday, July 7th. $146.52's average target is -13.00% below currents $168.42 stock price.

A number of other equities research analysts have also recently issued reports on the stock.

Zacks Investment Research lowered shares of Oil States International, Inc. Guggenheim lowered shares of Oil States International from a buy rating to a neutral rating in a report on Tuesday, August 1st. J P Morgan Chase & Co decreased their price target on shares of Oil States International from $31.00 to $26.00 and set an overweight rating on the stock in a report on Tuesday, September 12th. Loop Capital reduced their target price on shares of Oceaneering International from $27.00 to $21.00 and set a "hold" rating for the company in a research report on Friday, October 27th. Analysts assigned mean rating at 2.90 (1.0 = Strong Buy, 5.0 = Sell). The company presently has an average rating of Hold and a consensus price target of $30.18. The firm declared 2.59% changes to end the trade at $20.22, with the overall traded capacity of 3.26 Million shares. One of the more popular combinations is to use the 50-day and 200-day moving averages. Oceaneering International has $69 highest and $17 lowest target. Now trading with a market value of 1.97B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. After a recent look, the 14-day ATR for Oil States International (OIS) is resting at 0.89. The company had revenue of $625.50 million for the quarter, compared to the consensus estimate of $604.16 million. Oceaneering International had a negative net margin of 0.94% and a positive return on equity of 0.21%. The company's quarterly revenue was down 8.4% on a year-over-year basis.

Analysts expect Oceaneering International, Inc.

WARNING: This report was reported by Week Herald and is the property of of Week Herald. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and global copyright law. The correct version of this piece can be read at Oceaneering International, Inc. (OII) is intriguing when broken down to its core data. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Archford Capital Strategies LLC now owns 24,358 shares of the oil and gas company's stock valued at $1,266,000 after acquiring an additional 24,352 shares during the period. I.G. Investment Management LTD. raised its position in shares of Oceaneering International by 1.3% in the second quarter. Public Employees Retirement System of OH now owns 8,361 shares of the oil and gas company's stock valued at $227,000 after purchasing an additional 957 shares in the last quarter. Aperio Group LLC increased its holdings in shares of Oil States International by 26.1% in the 3rd quarter. LS Investment Advisors LLC now owns 4,106 shares of the oil and gas company's stock valued at $111,000 after acquiring an additional 612 shares in the last quarter. Legal & General Group Plc raised its stake in Oceaneering International by 47.8% during the first quarter. Finally, Deutsche Bank AG began coverage on shares of Oil States International in a research note on Tuesday, October 10th. First Manhattan Co. now owns 22,000 shares of the oil and gas company's stock valued at $557,000 after purchasing an additional 8,000 shares in the last quarter.

Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company's four business divisions within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity.

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