News headlines about Oil States International (NYSE:OIS) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oil States International earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 46.4926785560689 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
OIS has been the subject of a number of research reports. Royal Bank of Canada set a $29.00 target price on Oil States International and gave the stock a “hold” rating in a report on Thursday, December 21st. Piper Jaffray Companies set a $22.00 target price on Oil States International and gave the stock a “hold” rating in a report on Saturday, February 17th. JPMorgan Chase & Co. set a $29.00 target price on Oil States International and gave the stock a “buy” rating in a report on Thursday, December 21st. Loop Capital set a $33.00 target price on Oil States International and gave the stock a “buy” rating in a report on Wednesday, December 13th. Finally, Raymond James Financial reissued a “buy” rating on shares of Oil States International in a report on Tuesday, December 12th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $28.50.
Oil States International (NYSE:OIS) opened at $24.60 on Friday. Oil States International has a 12-month low of $20.23 and a 12-month high of $34.72. The company has a market capitalization of $1,551.39, a price-to-earnings ratio of -14.56 and a beta of 1.87.
Oil States International (NYSE:OIS) last issued its quarterly earnings results on Wednesday, February 14th. The oil and gas company reported ($0.18) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.23) by $0.05. Oil States International had a negative return on equity of 4.57% and a negative net margin of 12.65%. The company had revenue of $183.70 million for the quarter, compared to analysts’ expectations of $175.66 million. During the same quarter last year, the business earned ($0.20) earnings per share. Oil States International’s revenue was up 8.1% on a year-over-year basis. equities analysts forecast that Oil States International will post -0.24 earnings per share for the current fiscal year.
In related news, major shareholder Holdings B.V. Hcperf sold 5,925,050 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $25.79, for a total value of $152,807,039.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.97% of the stock is currently owned by company insiders.
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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