Oil States International, Inc (NYSE: OIS) is -14.62% lower on its value in year-to-date trading and has touched a low of $3.08 and a high of $5.86 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 $3.51 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $4.32, the stock is 20.22% and -4.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 23.08% at the moment leaves the stock -11.89% off its SMA200. OIS registered 6.67% gain for a year compared to 6-month gain of -0.69%. The firm has a 50-day simple moving average (SMA 50) of $4.528 and a 200-day simple moving average (SMA200) of $4.9031.
The stock witnessed a -16.92% loss in the last 1 month and extending the period to 3 months gives it a -17.71%, and is 22.03% 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 8.90% over the week and 9.35% over the month.
Oil States International, Inc (OIS) has around 2439 employees, a market worth around $267.91M and $692.59M in sales. Fwd P/E is 7.38. Profit margin for the company is -1.63%. Distance from 52-week low is 40.49% and -26.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.37%).
with sales reaching $174.27M over the same period.The EPS is expected to grow by 116.18% this year, but quarterly earnings will post 1.43% year-over-year. Quarterly sales are estimated to shrink -6.50% in year-over-year returns.
206.0 institutions hold shares in Oil States International, Inc (OIS), with institutional investors hold 87.67% of the company’s shares. The shares outstanding are 61.49M, and float is at 57.63M with Short Float at 1.67%. Institutions hold 81.70% 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 11.5025 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 5.4794 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 4.8754 of the shares totaling 3.05 million with a market value of $13.53 million.
