Oil States International (NYSE:OIS) Getting Somewhat Favorable Media Coverage, Study Finds

News headlines about Oil States International (NYSE:OIS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oil States International earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 45.6643862214372 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s rankings:

OIS has been the topic of a number of analyst reports. Loop Capital set a $31.00 target price on Oil States International and gave the company a “buy” rating in a report on Wednesday, November 1st. Raymond James Financial reiterated a “buy” rating on shares of Oil States International in a report on Tuesday, December 12th. BMO Capital Markets lowered their target price on Oil States International from $24.00 to $22.00 and set a “market perform” rating on the stock in a report on Thursday, November 9th. Cowen set a $18.00 target price on Oil States International and gave the company a “market perform” rating in a report on Monday, October 30th. Finally, Scotiabank set a $41.00 target price on Oil States International and gave the company a “buy” rating in a report on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $29.70.

Shares of Oil States International (NYSE OIS) traded down $0.65 during trading on Friday, hitting $27.55. The company’s stock had a trading volume of 716,534 shares, compared to its average volume of 732,670. Oil States International has a one year low of $20.23 and a one year high of $41.10. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.60 and a current ratio of 4.09.

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About Oil States International

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

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