The stock of Oil States International, Inc. (OIS) has gone down by -11.44% for the week, with a -7.82% drop in the past month and a -7.51% drop in the past quarter. The volatility ratio for the week is 5.09%, and the volatility levels for the past 30 days are 3.67% for OIS.. The simple moving average for the past 20 days is -11.00% for OIS’s stock, with a -23.22% simple moving average for the past 200 days.
Is It Worth Investing in Oil States International, Inc. (NYSE: OIS) Right Now?
The price-to-earnings ratio for Oil States International, Inc. (NYSE: OIS) is above average at 27.03x, Company’s 36-month beta value is 2.55.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 14 as “hold,” and 0 as “sell.”
The public float for OIS is 60.72M, and currently, short sellers hold a 2.67% ratio of that floaft. The average trading volume of OIS on April 18, 2024 was 1.37M shares.
OIS) stock’s latest price update
Oil States International, Inc. (NYSE: OIS) has experienced a decline in its stock price by -2.69 compared to its previous closing price of 5.57. However, the company has seen a fall of -11.44% in its stock price over the last five trading days. Business Wire reported 2024-04-15 that HOUSTON–(BUSINESS WIRE)–Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its first quarter 2024 earnings conference call for Friday, April 26, 2024 at 9:00 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended March 31, 2024, which are expected to be released on Friday, April 26, 2024, before the markets open. This call is being webcast and can be accessed at Oil States’ website at www.ir.oilstatesintl.com. Partic.
Analysts’ Opinion of OIS
Many brokerage firms have already submitted their reports for OIS stocks, with Raymond James repeating the rating for OIS by listing it as a “Outperform.” The predicted price for OIS in the upcoming period, according to Raymond James is $10 based on the research report published on September 07, 2023 of the previous year 2023.
Piper Sandler, on the other hand, stated in their research note that they expect to see OIS reach a price target of $8. The rating they have provided for OIS stocks is “Overweight” according to the report published on March 07th, 2022.
OIS Trading at -7.74% from the 50-Day Moving Average
After a stumble in the market that brought OIS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.91% of loss for the given period.
Volatility was left at 3.67%, however, over the last 30 days, the volatility rate increased by 5.09%, as shares sank -9.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.98% lower at present.
During the last 5 trading sessions, OIS fell by -11.44%, which changed the moving average for the period of 200-days by -27.44% in comparison to the 20-day moving average, which settled at $6.06. In addition, Oil States International, Inc. saw -20.18% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OIS
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.15 for the gross margin
The net margin for Oil States International, Inc. stands at 0.02. The total capital return value is set at 0.03. Equity return is now at value 1.81, with 1.20 for asset returns.
Based on Oil States International, Inc. (OIS), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 2.42.
Currently, EBITDA for the company is 86.17 million with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 0.59. The receivables turnover for the company is 3.85for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.10.
Conclusion
In a nutshell, Oil States International, Inc. (OIS) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
