1 week Ago By ABMN Staff
Oil States International ( NYSE:OIS – Get Free Report ) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a report released on Wednesday. Other equities analysts have also recently issued research reports about the company.
Susquehanna reduced their price target on Oil States International from $5.50 to $5.00 and set a “neutral” rating for the company in a report on Friday, October 11th.
Stifel Nicolaus reduced their target price on Oil States International from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, October 11th.
Get Our Latest Stock Analysis on Oil States International Oil States International Stock Up 3.4 % Oil States International ( NYSE:OIS – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 30th. The oil and gas company reported $0.
04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.04. Oil States International had a negative net margin of 2.
78% and a positive return on equity of 1.78%. The firm had revenue of $174.
30 million for the quarter, compared to the consensus estimate of $192.09 million. During the same period in the prior year, the firm posted $0.
09 earnings per share. The firm’s quarterly revenue was down 6.5% compared to the same quarter last year.
As a group, sell-side analysts expect that Oil States International will post 0.18 EPS for the current year. Institutional Investors Weigh In On Oil States International A hedge fund recently raised its stake in Oil States International stock.
BNP Paribas Financial Markets raised its stake in Oil States International, Inc. ( NYSE:OIS – Free Report ) by 40.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 51,167 shares of the oil and gas company’s stock after buying an additional 14,654 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.08% of Oil States International worth $235,000 at the end of the most recent quarter.
Institutional investors own 97.44% of the company’s stock. Oil States International Company Profile ( Get Free Report ) Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide.
The company operates through three segments: Well Site Services, Downhole Technologies, 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. Featured Stories Receive News & Ratings for Oil States International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oil States International and related companies with MarketBeat.
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