At the time of writing, Oil States International, Inc [OIS] stock is trading at $791860.0, up 969325%. An important factor to consider is whether the stock is rising or falling in short-term value. The OIS shares have gain 7.98% over the last week, with a monthly amount glided 22.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oil States International, Inc [NYSE: OIS] stock has seen the most recent analyst activity on September 07, 2023, when Raymond James initiated its Outperform rating and assigned the stock a price target of $10. Previously, Piper Sandler upgraded its rating to Overweight on March 07, 2022, and kept the price target unchanged to $8. On May 06, 2020, downgrade downgraded it’s rating to Hold. Raymond James downgraded its rating to a Mkt Perform. JP Morgan upgraded its rating to a Neutral but $11 remained the price target by the analyst firm on February 21, 2020. Scotiabank downgraded its rating to Sector Underperform for this stock on January 06, 2020. In a note dated December 13, 2019, JP Morgan downgraded an Underweight rating on this stock and revised its target price from $14 to $12.
For the past year, the stock price of Oil States International, Inc fluctuated between $3.08 and $5.86. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Oil States International, Inc [NYSE: OIS] shares were valued at $791860.0 at the most recent close of the market. An investor can expect a potential drop of -100.0% based on the average OIS price forecast.
Analyzing the OIS fundamentals
According to Oil States International, Inc [NYSE:OIS], the company’s sales were 685.26M for trailing twelve months, which represents an -4.38% plunge. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Oil States International, Inc [NYSE:OIS] has a current ratio of 3.42. On the other hand, the Quick Ratio is 1.91, and the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 0.50 and price to earnings (TTM) ratio is 64.01.
