Oil States International, Inc (NYSE: OIS) is -4.35% lower on its value in year-to-date trading and has touched a low of $3.91 and a high of $6.53 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 $4.99 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $4.84, the stock is -7.57% and -7.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing -3.01% at the moment leaves the stock -1.03% off its SMA200. OIS registered -14.79% loss for a year compared to 6-month loss of -8.51%.
The stock witnessed a -2.62% gain in the last 1 month and extending the period to 3 months gives it a -12.00%, and is -9.19% down 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 5.24% over the week and 5.12% over the month.
Oil States International, Inc (OIS) has around 2439 employees, a market worth around $298.93M and $692.59M in sales. Fwd P/E is 7.64. Profit margin for the company is -1.63%. Distance from 52-week low is 23.79% and -25.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.37%).
with sales reaching $164.2M over the same period.The EPS is expected to grow by 145.10% this year, but quarterly earnings will post 2.38% year-over-year. Quarterly sales are estimated to shrink -1.83% in year-over-year returns.
The shares outstanding are 61.49M, and float is at 57.49M with Short Float at 2.18%.
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.
Oil States International, Inc (OIS) Insider Activity
A total of 0 insider transactions have happened at Oil States International, Inc (OIS) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Oil States International, Inc (OIS): Who are the competitors?
One of the company’s main competitors (and peers) include Innovex International Inc. (INVX) that is trading -21.41% down over the past 12 months.Baker Hughes Co. (BKR) lies in the list of competitors of the Oil States International, Inc and is 38.48% higher over the same period from OISGE Aerospace (GE) is 59.19% up on the 1-year trading charts.
