Oceaneering International, Inc (NYSE: OII) has a price-to-earnings ratio of 19.08x that is above its average ratio. Additionally, the 36-month beta value for OII is 2.41. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for OII is 99.12M and currently, short sellers hold a 4.37% ratio of that float. The average trading volume of OII on December 27, 2024 was 790.63K shares.
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OII) stock’s latest price update
Oceaneering International, Inc (NYSE: OII)’s stock price has plunge by 1.08relation to previous closing price of 25.04. Nevertheless, the company has seen a 2.76% surge in its stock price over the last five trading sessions. zacks.com reported 2024-12-26 that VLRS, OII and ACIC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 26, 2024.
OII’s Market Performance
OII’s stock has risen by 2.76% in the past week, with a monthly drop of -15.07% and a quarterly rise of 5.28%. The volatility ratio for the week is 3.54% while the volatility levels for the last 30 days are 3.58% for Oceaneering International, Inc The simple moving average for the last 20 days is -5.75% for OII stock, with a simple moving average of 1.48% for the last 200 days.
Analysts’ Opinion of OII
Many brokerage firms have already submitted their reports for OII stocks, with Barclays repeating the rating for OII by listing it as a “Equal Weight.” The predicted price for OII in the upcoming period, according to Barclays is $26 based on the research report published on December 18, 2024 of the current year 2024.
The Benchmark Company, on the other hand, stated in their research note that they expect to see OII reach a price target of $25. The rating they have provided for OII stocks is “Buy” according to the report published on January 19th, 2023.
Barclays gave a rating of “Equal Weight” to OII, setting the target price at $10 in the report published on October 06th of the previous year.
OII Trading at -4.99% from the 50-Day Moving Average
After a stumble in the market that brought OII to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.29% of loss for the given period.
Volatility was left at 3.58%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares sank -13.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.26% upper at present.
During the last 5 trading sessions, OII rose by +2.76%, which changed the moving average for the period of 200-days by +23.77% in comparison to the 20-day moving average, which settled at $26.85. In addition, Oceaneering International, Inc saw 18.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OII starting from GRANATO LEONARDO P, who sale 2,000 shares at the price of $28.12 back on Nov 07 ’24. After this action, GRANATO LEONARDO P now owns 19,860 shares of Oceaneering International, Inc, valued at $56,240 using the latest closing price.
GRANATO LEONARDO P, the Officer of Oceaneering International, Inc, proposed sale 2,000 shares at $28.12 during a trade that took place back on Nov 07 ’24, which means that GRANATO LEONARDO P is holding shares at $56,240 based on the most recent closing price.
Stock Fundamentals for OII
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.17 for the gross margin
The net margin for Oceaneering International, Inc stands at 0.05. The total capital return value is set at 0.14. Equity return is now at value 21.50, with 5.82 for asset returns.
Based on Oceaneering International, Inc (OII), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 5.98.
Currently, EBITDA for the company is 302.54 million with net debt to EBITDA at 1.31. When we switch over and look at the enterprise to sales, we see a ratio of 1.15. The receivables turnover for the company is 4.21for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.
Conclusion
In conclusion, Oceaneering International, Inc (OII) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
