The 36-month beta value for OIS is at 2.62. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for OIS is 59.14M, and currently, shorts hold a 2.53% of that float. The average trading volume for OIS on January 20, 2025 was 580.43K shares.
OIS) stock’s latest price update
The stock of Oil States International, Inc (NYSE: OIS) has increased by 0.35 when compared to last closing price of 5.72.Despite this, the company has seen a gain of 10.60% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-03 that OIS is streamlining operations, exiting underperforming locations, and introducing new products in managed pressure drilling and valve technology to drive revenue growth. Despite global crude oil demand concerns and cash flow deterioration, OIS’s strategic initiatives and higher backlog for subsea production systems support a “Buy” rating. Collaborations, such as with Seadrill and new product introductions, are expected to enhance offshore operations.
OIS’s Market Performance
OIS’s stock has risen by 10.60% in the past week, with a monthly rise of 14.57% and a quarterly rise of 22.65%. The volatility ratio for the week is 3.99% while the volatility levels for the last 30 days are 4.51% for Oil States International, Inc The simple moving average for the last 20 days is 12.15% for OIS’s stock, with a simple moving average of 17.71% for the last 200 days.
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 9.36% 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 -12.63% of loss for the given period.
Volatility was left at 4.51%, however, over the last 30 days, the volatility rate increased by 3.99%, as shares surge +15.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.61% upper at present.
During the last 5 trading sessions, OIS rose by +10.60%, which changed the moving average for the period of 200-days by -7.72% in comparison to the 20-day moving average, which settled at $5.12. In addition, Oil States International, Inc saw 13.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OIS
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.14 for the gross margin
The net margin for Oil States International, Inc stands at -0.03. The total capital return value is set at -0.0. Equity return is now at value -2.98, with -2.02 for asset returns.
Based on Oil States International, Inc (OIS), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is -0.14.
Currently, EBITDA for the company is 86.17 million with net debt to EBITDA at 2.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.40.
Conclusion
In conclusion, Oil States International, Inc (OIS) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
