Oceaneering International, Inc [OII] stock prices are down -1.71% to $29.29 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The OII shares have gain 6.63% over the last week, with a monthly amount glided 17.63%, 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 $18.67 and $30.65 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Oceaneering International, Inc [NYSE: OII] shares were valued at $29.29 at the most recent close of the market. An investor can expect a potential drop of -28.3% based on the average OII price forecast.
Analyzing the OII fundamentals
The Oceaneering International, Inc [NYSE:OII] reported sales of 2.60B for trailing twelve months, representing a surge of 7.03%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.21 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.69.
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 28.96 points at the first support level, and at 28.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.81, and for the 2nd resistance point, it is at 30.33.
Ratios To Look Out For
It’s worth pointing out that Oceaneering International, Inc [NYSE:OII]’s Current Ratio is 1.76. On the other hand, the Quick Ratio is 1.46, and the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 4.24 and price to earnings (TTM) ratio is 22.08.
Transactions by insiders
Recent insider trading involved GRANATO LEONARDO P, SVP, IMDS, that happened on Nov 07 ’24 when 2000.0 shares were sold. Officer, GRANATO LEONARDO P completed a deal on Nov 07 ’24 to buy 2000.0 shares. Meanwhile, Director Beachy Karen H sold 3300.0 shares on Sep 10 ’24.
