Oil States International, Inc. (NYSE: OIS) is -30.04% lower on its value in year-to-date trading and has touched a low of $3.91 and a high of $8.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OIS stock was last observed hovering at around $4.64 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $4.75, the stock is 1.48% and -3.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing 2.37% at the moment leaves the stock -9.89% off its SMA200. OIS registered -41.57% loss for a year compared to 6-month loss of -25.55%. The firm has a 50-day simple moving average (SMA 50) of $4.927 and a 200-day simple moving average (SMA200) of $5.26095.
The stock witnessed a -2.86% gain in the last 1 month and extending the period to 3 months gives it a 8.94%, and is 3.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.01% over the week and 3.41% over the month.
Oil States International, Inc. (OIS) has around 2752 employees, a market worth around $303.00M and $756.20M in sales. Fwd P/E is 12.08. Profit margin for the company is -0.28%. Distance from 52-week low is 21.48% and -43.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.26%).
Oil States International, Inc. quarterly earnings per share for the current quarter are estimated at 0.06 with sales reaching $192.47M over the same period.The EPS is expected to grow by 7.50% this year, but quarterly earnings will post -4.20% year-over-year.
204.0 institutions hold shares in Oil States International, Inc. (OIS), with institutional investors hold 90.00% of the company’s shares. The shares outstanding are 63.33M, and float is at 60.09M with Short Float at 2.81%. Institutions hold 84.90% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.19 million shares valued at $31.91 million. The investor’s holdings represent 11.4988 of the OIS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.42 million shares valued at $15.2 million to account for 5.4776 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.22 million shares representing 5.144 and valued at over $14.27 million, while D. E. SHAW & CO., INC. holds 4.8738 of the shares totaling 3.05 million with a market value of $13.53 million.
