Oil States International, Inc (NYSE: OIS) is 2.57% higher on its value in year-to-date trading and has touched a low of $3.91 and a high of $6.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OIS stock was last observed hovering at around $5.22 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $5.19, the stock is 3.70% and 1.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.43 million and changing -0.57% at the moment leaves the stock 6.04% off its SMA200. OIS registered -18.65% loss for a year compared to 6-month gain of 27.21%. The firm has a 50-day simple moving average (SMA 50) of $5.1294 and a 200-day simple moving average (SMA200) of $4.89435.
The stock witnessed a -0.57% loss in the last 1 month and extending the period to 3 months gives it a 3.59%, and is 2.57% 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 3.44% over the week and 4.44% over the month.
Oil States International, Inc (OIS) has around 2752 employees, a market worth around $327.55M and $736.26M in sales. Fwd P/E is 15.22. Profit margin for the company is -2.80%. Distance from 52-week low is 32.74% and -21.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.49%).
The EPS is expected to shrink by -27.80% this year
209.0 institutions hold shares in Oil States International, Inc (OIS), with institutional investors hold 85.50% of the company’s shares. The shares outstanding are 63.11M, and float is at 59.41M with Short Float at 2.54%. Institutions hold 80.60% 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.
