Oceaneering International, Inc. [OII] stock is trading at $23.37, down -0.09%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OII shares have gain 5.18% over the last week, with a monthly amount drifted -4.69%, and not 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.
Oceaneering International, Inc. [OII] stock has fluctuated between $14.99 and $27.46 over the past year. Oceaneering International, Inc. [NYSE: OII] shares were valued at $23.37 at the most recent close of the market.
Analyzing the OII fundamentals
Oceaneering International, Inc. [NYSE:OII] reported sales of 2.49B for the trailing twelve months, which represents a growth of 11.57%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.08%, 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 0.05, Equity is 0.18 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
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 22.93 points at the first support level, and at 22.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.74, and for the 2nd resistance point, it is at 24.11.
Ratios To Look Out For
For context, Oceaneering International, Inc.’s Current Ratio is 1.76. As well, the Quick Ratio is 1.45, while the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 3.80 and price to earnings (TTM) ratio is 22.03.
Transactions by insiders
Recent insider trading involved Beachy Karen H, Director, that happened on Mar 07 ’24 when 7600.0 shares were sold. SVP, Mfd. Prods., Roedel Shaun completed a deal on Sep 28 ’23 to sell 2122.0 shares. Meanwhile, SVP and CFO Curtis Alan R sold 31011.0 shares on Sep 27 ’23.
