Oceaneering International, Inc [OII] stock prices are up 1.69% to $25.33 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OII shares have gain 2.72% over the last week, with a monthly amount drifted -3.72%, 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 January 10, 2025, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $30 for it. Previously, Barclays upgraded its rating to Equal Weight on December 18, 2024, and elevated its price target to $26. On January 19, 2023, The Benchmark Company initiated with a Buy rating and assigned a price target of $25 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $10 on October 06, 2022. Piper Sandler upgraded its rating to a Overweight and raised its price target to $21 on February 01, 2022. BofA Securities upgraded its rating to Buy for this stock on May 05, 2021, but kept the price target unchanged to $15. In a note dated March 03, 2021, Cowen reiterated an Market Perform rating on this stock and boosted its target price from $10 to $14.
The stock price of Oceaneering International, Inc [OII] has been fluctuating between $19.68 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 $25.33 at the most recent close of the market. An investor can expect a potential return of 2.65% 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 1.26.
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 24.89 points at the first support level, and at 24.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.57, and for the 2nd resistance point, it is at 25.81.
Ratios To Look Out For
It’s worth pointing out that Oceaneering International, Inc [NYSE:OII]’s Current Ratio is 1.76. Also, the Quick Ratio is 1.46, while the Cash Ratio stands at 0.56. Considering the valuation of this stock, the price to sales ratio is 0.98, the price to book ratio is 3.67 and price to earnings (TTM) ratio is 19.10.
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.
