News stories about Oil States International (NYSE:OIS) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public 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 0.06 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 45.2846659184024 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Oil States International (OIS) Stock Rating Reaffirmed by Cowen (americanbankingnews.com)
- Oil States International (OIS) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- Can The Uptrend Continue for Oil States International (OIS)? (finance.yahoo.com)
- Oil States International (OIS) Stock Rating Upgraded by ValuEngine (americanbankingnews.com)
- DistributionNOW (DNOW) & Oil States International (OIS) Financial Comparison (americanbankingnews.com)
Shares of OIS opened at $32.65 on Friday. Oil States International has a 52-week low of $20.23 and a 52-week high of $34.72. The company has a market capitalization of $1,860.46, a P/E ratio of -30.80 and a beta of 1.75.
Oil States International (NYSE:OIS) last issued its quarterly earnings data on Wednesday, February 14th. The oil and gas company reported ($0.18) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 business had revenue of $183.70 million during the quarter, compared to analyst estimates of $175.66 million. During the same period in the previous year, the firm earned ($0.20) EPS. Oil States International’s quarterly revenue was up 8.1% compared to the same quarter last year. research analysts anticipate that Oil States International will post -0.2 earnings per share for the current fiscal year.
A number of analysts recently commented on the company. Zacks Investment Research upgraded Oil States International from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Thursday. ValuEngine upgraded Oil States International from a “strong sell” rating to a “sell” rating in a research report on Wednesday. Cowen set a $25.00 target price on Oil States International and gave the stock a “hold” rating in a research report on Friday, April 13th. TheStreet lowered Oil States International from a “c-” rating to a “d+” rating in a research report on Thursday, March 15th. Finally, JPMorgan Chase restated a “buy” rating and set a $28.00 target price (down from $29.00) on shares of Oil States International in a research report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Oil States International currently has an average rating of “Hold” and a consensus target price of $29.73.
In related news, major shareholder Holdings B.V. Hcperf sold 5,925,050 shares of the business’s stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which is available through this link. 1.97% of the stock is currently owned by insiders.
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Oil States International Company Profile
Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and gas companies worldwide. It operates through two segments, Well Site Services and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.
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