Oceaneering International, Inc. [OII] stock prices are up 1.79% to $20.42 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OII shares have gain 3.34% over the last week, with a monthly amount glided 0.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Oceaneering International, Inc. [NYSE: OII] stock has seen the most recent analyst activity on January 19, 2023, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $25. Previously, Barclays downgraded its rating to Equal Weight on October 06, 2022, and dropped its price target to $10. On February 01, 2022, upgrade upgraded it’s rating to Overweight and revised its price target to $21 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $15 on May 05, 2021. Cowen reiterated its recommendation of a Market Perform and raised its price target to $14 on March 03, 2021. Cowen reiterated a Market Perform rating for this stock on August 07, 2020, and upped its price target to $6. In a note dated April 24, 2020, Citigroup upgraded an Buy rating on this stock and boosted its target price from $4 to $7.
The stock price of Oceaneering International, Inc. [OII] has been fluctuating between $14.99 and $27.46 over the past year. Oceaneering International, Inc. [NYSE: OII] shares were valued at $20.42 at the most recent close of the market.
Analyzing the OII fundamentals
The Oceaneering International, Inc. [NYSE:OII] reported sales of 2.42B for trailing twelve months, representing a surge of 22.08%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.13 points at the first support level, and at 19.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.70, and for the 2nd resistance point, it is at 20.99.
Ratios To Look Out For
It’s worth pointing out that Oceaneering International, Inc. [NYSE:OII]’s Current Ratio is 1.78. In addition, the Quick Ratio stands at 1.50 and the Cash Ratio stands at 0.63. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 3.28 and price to earnings (TTM) ratio is 21.43.
Transactions by insiders
Recent insider trading involved Roedel Shaun, SVP, Mfd. Prods., that happened on Sep 28 ’23 when 2122.0 shares were sold. SVP and CFO, Curtis Alan R completed a deal on Sep 27 ’23 to sell 31011.0 shares. Meanwhile, SVP, Chief Commercial Ofc. Childress Earl sold 14600.0 shares on Sep 26 ’23.
