Oceaneering International, Inc. (OII) is expecting 19.62% growth in the next quarter: What can investors do to maximize their returns?

Oceaneering International, Inc. (NYSE: OII) kicked off on Tuesday, up 0.28% from the previous trading day, before settling in for the closing price of $29.06. Over the past 52 weeks, OII has traded in a range of $18.67-$30.41.

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Energy Sector giant saw their annual sales surged by 5.33% over the last five years. While this was happening, its average annual earnings per share was recorded 63.47%. With a float of $99.43 million, this company’s outstanding shares have now reached $100.80 million.

The firm has a total of 10100 workers. Let’s measure their productivity.

Oceaneering International, Inc. (OII) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Oceaneering International, Inc. is 2.02%, while institutional ownership is 96.52%. The most recent insider transaction that took place on Mar 07 ’24, was worth 155,800. In this transaction Director of this company sold 7,600 shares at a rate of $20.50, taking the stock ownership to the 22,786 shares. Before that another transaction happened on Sep 28 ’23, when Company’s SVP, Mfd. Prods. sold 2,122 for $26.85, making the entire transaction worth $56,984. This insider now owns 51,429 shares in total.

Oceaneering International, Inc. (OII) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.38 earnings per share (EPS), higher than consensus estimate (set at 0.32) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 63.47% per share during the next fiscal year.

Oceaneering International, Inc. (NYSE: OII) Trading Performance Indicators

Take a look at Oceaneering International, Inc.’s (OII) current performance indicators. Last quarter, stock had a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 31.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.75 in one year’s time.

Technical Analysis of Oceaneering International, Inc. (OII)

Analysing the last 5-days average volume posted by the [Oceaneering International, Inc., OII], we can find that recorded value of 1.49 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 78.26%. Additionally, its Average True Range was 0.97.

During the past 100 days, Oceaneering International, Inc.’s (OII) raw stochastic average was set at 87.88%, which indicates a significant increase from 79.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.20% in the past 14 days, which was higher than the 40.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $23.90, while its 200-day Moving Average is $22.41. Now, the first resistance to watch is $29.41. This is followed by the second major resistance level at $29.67. The third major resistance level sits at $29.94. If the price goes on to break the first support level at $28.88, it is likely to go to the next support level at $28.61. Should the price break the second support level, the third support level stands at $28.35.

Oceaneering International, Inc. (NYSE: OII) Key Stats

The company with the Market Capitalisation of 2.96 billion has total of 101,389K Shares Outstanding. Its annual sales at the moment are 2,425 M in contrast with the sum of 97,400 K annual income. Company’s last quarter sales were recorded 668,810 K and last quarter income was 35,000 K.