Oceaneering International, Inc [OII] stock prices are down -0.07% to $27.40 at the moment. 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 8.73% over the last week, with a monthly amount drifted -4.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oceaneering International, Inc [NYSE: OII] stock has seen the most recent analyst activity on December 18, 2024, when Barclays upgraded its rating to a Equal Weight and also boosted its price target to $26 from $22. Previously, The Benchmark Company started tracking the stock with Buy rating on January 19, 2023, and set its price target to $25. On October 06, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $10 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $21 on February 01, 2022. BofA Securities upgraded its rating to a Buy but $15 remained the price target by the analyst firm on May 05, 2021. Cowen reiterated a Market Perform rating for this stock on March 03, 2021, and upped its price target to $14. In a note dated August 07, 2020, Cowen reiterated an Market Perform rating on this stock and boosted its target price from $5.50 to $6.
The stock price of Oceaneering International, Inc [OII] has been fluctuating between $18.95 and $30.98 over the past year. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Oceaneering International, Inc [NYSE: OII] shares were valued at $27.40 at the most recent close of the market. An investor can expect a potential drop of -5.11% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.69.
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 27.00 points at the first support level, and at 26.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.06, and for the 2nd resistance point, it is at 28.71.
Ratios To Look Out For
It’s worth pointing out that Oceaneering International, Inc [NYSE:OII]’s Current Ratio is 1.76. As well, the Quick Ratio is 1.46, while the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 3.97 and price to earnings (TTM) ratio is 20.66.
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.
