At the time of writing, Oceaneering International, Inc [OII] stock is trading at $22.27, up 2.11%. 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 1.18% over the last week, with a monthly amount glided 7.43%, and 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.
For the past year, the stock price of Oceaneering International, Inc fluctuated between $18.87 and $30.98. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Oceaneering International, Inc [NYSE: OII] shares were valued at $22.27 at the most recent close of the market. An investor can expect a potential drop of -1.21% based on the average OII price forecast.
Analyzing the OII fundamentals
According to Oceaneering International, Inc [NYSE:OII], the company’s sales were 2.66B for trailing twelve months, which represents an 8.99% jump. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.22 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.19.
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 21.78 points at the first support level, and at 21.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.54, and for the 2nd resistance point, it is at 22.80.
Ratios To Look Out For
It is important to note that Oceaneering International, Inc [NYSE:OII] has a current ratio of 1.74. Also, the Quick Ratio is 1.46, while the Cash Ratio stands at 0.62. Considering the valuation of this stock, the price to sales ratio is 0.84, the price to book ratio is 3.14 and price to earnings (TTM) ratio is 15.46.
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.
