Over the past three months, Oil States International Inc. [OIS] ended the trading day at $2.96 and exhibited a change of 8.42% with a 24 hour trading and reached upto the volume of 969.93K compared to its recorded trading volume of 1.43 million. OIS generated a 1 year amount change with -76.84%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 5.71% with an amount shift of -12.17% over the last month.

On 29, July 2020, Oil States Announces Second Quarter 2020 Results of Operations. According to news published on Yahoo Finance, Oil States International, Inc. (NYSE: OIS) reported a net loss of $24.6 million, or $0.41 per share, for the second quarter of 2020, on revenues of $146.2 million. Consolidated EBITDA (Note A) was a loss of $4.5 million. Excluding $5.4 million of severance and downsizing charges incurred during the quarter, Consolidated EBITDA totaled $0.9 million. The reported second quarter 2020 net loss included the following more significant charges and gains, which resulted in a net charge of $4.6 million after-tax, or $0.08 per share:.

Analyst Birdseye View:

The most recent analyst activity for Oil States International Inc. [NYSE:OIS] stock was on March 10, 2020, when it was Downgrade with a Mkt perform rating from Raymond James. On February 21, 2020, JP Morgan Upgrade a Neutral rating and boosted its price target on this stock to $11. On January 06, 2020, Scotiabank Downgrade a Sector underperform rating. On December 13, 2019, JP Morgan Downgrade an Underweight rating and decreased its price target to $12. On May 06, 2019, Cowen Reiterated a Market perform rating and boosted its amount target on this stock to $21. On March 29, 2019, Wells Fargo Upgrade an Outperform rating. On March 27, 2019 Raymond James Upgrade a Strong buy rating and elevated its amount target to $27.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.52 and a peak of $17.81. Right now, the middling Wall Street analyst 12-month amount mark is $5.00. At the most recent market close, shares of Oil States International Inc. [NYSE:OIS] were valued at $2.96.

FUNDAMENTAL ANALYSIS

Oil States International Inc. [NYSE:OIS] most recently reported quarterly sales of 146.25 billion, which represented growth of -44.80%. This publicly-traded organization’s revenue is $296,778 per employee, while its income is -$67,622 per employee. This company’s Gross Margin is currently 17.00%, its Operating Margin is -79.00%, its Pretax Margin is -23.66, and its Net Margin is -22.79. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -12.42, -17.40, -1.52 and -14.36 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 19.28 and the whole liability to whole assets at 16.91. It shows enduring liability to the whole principal at 17.04 and enduring liability to assets at 0.15 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.78 points at 1st support level, the second support level is making up to 2.59. But as of 1st resistance point, this stock is sitting at 3.12 and at 3.27 for 2nd resistance point.

Oil States International Inc. [OIS] reported its earnings at -$0.33 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.47/share signifying the difference of 0.14 and 29.80% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.14 calling estimates for -$0.2/share with the difference of 0.06 depicting the surprise of 30.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Oil States International Inc. [NYSE:OIS] is 3.10. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.05. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.95 and it’s amount to book ratio is 0.81.

Insider Stories

The most recent insider trade was by SEAVER CHRISTOPHER T, Director, and it was the purchase of 50000.0 shares on Mar 17. TAYLOR CINDY B, the President & CEO, completed a purchase of 38000.0 shares on Mar 11. On Feb 27, Taylor Brian E., VP, Controller & CAO, completed a sale of 12144.0 shares.