On Friday, Oceaneering International, Inc. (NYSE: OII) was -3.79% drop from the session before settling in for the closing price of $25.04. A 52-week range for OII has been $18.67 – $30.45.
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A company in the Energy sector has jumped its sales by 5.33% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 72.51%. With a float of $99.54 million, this company’s outstanding shares have now reached $100.80 million.
In an organization with 10100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 16.93%, operating margin of 7.91%, and the pretax margin is 7.33%.
Oceaneering International, Inc. (OII) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Oceaneering International, Inc. stocks. The insider ownership of Oceaneering International, Inc. is 1.91%, while institutional ownership is 99.01%. The most recent insider transaction that took place on Sep 10 ’24, was worth 75,702. In this transaction Director of this company sold 3,300 shares at a rate of $22.94, taking the stock ownership to the 28,229 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Director proposed sale 3,300 for $22.94, making the entire transaction worth $75,702.
Oceaneering International, Inc. (OII) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.38 earnings per share (EPS) during the time that was better than consensus figure (set at 0.32) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.51% per share during the next fiscal year.
Oceaneering International, Inc. (NYSE: OII) Trading Performance Indicators
You can see what Oceaneering International, Inc. (OII) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.96. Likewise, its price to free cash flow for the trailing twelve months is 26.15.
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 1.85 in one year’s time.
Technical Analysis of Oceaneering International, Inc. (OII)
Let’s dig in a bit further. During the last 5-days, its volume was 0.63 million. That was inferior than the volume of 0.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.70%. Additionally, its Average True Range was 0.85.
During the past 100 days, Oceaneering International, Inc.’s (OII) raw stochastic average was set at 34.43%, which indicates a significant increase from 4.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.93% in the past 14 days, which was lower than the 46.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.52, while its 200-day Moving Average is $23.51. However, in the short run, Oceaneering International, Inc.’s stock first resistance to watch stands at $24.72. Second resistance stands at $25.36. The third major resistance level sits at $25.74. If the price goes on to break the first support level at $23.70, it is likely to go to the next support level at $23.32. Assuming the price breaks the second support level, the third support level stands at $22.68.
Oceaneering International, Inc. (NYSE: OII) Key Stats
There are 101,389K outstanding shares of the company, which has a market capitalization of 2.44 billion. As of now, sales total 2,425 M while income totals 97,400 K. Its latest quarter income was 668,810 K while its last quarter net income were 35,000 K.
