Oil States International, Inc. (NYSE:OIS) Scheduled to Post Earnings on Monday
Oil States International, Inc. (NYSE:OIS) is scheduled to be posting its quarterly earnings results after the market closes on Monday, July 24th. Analysts expect Oil States International to post earnings of ($0.23) per share for the quarter.
Oil States International (NYSE:OIS) last announced its quarterly earnings data on Wednesday, April 26th. The oil and gas company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.28) by $0.06. The company had revenue of $151.50 million for the quarter, compared to analyst estimates of $155.75 million. Oil States International had a negative return on equity of 3.94% and a negative net margin of 7.52%. The business’s quarterly revenue was down 10.7% compared to the same quarter last year. During the same period last year, the business earned ($0.24) EPS. On average, analysts expect Oil States International to post $-0.82 EPS for the current fiscal year and $0.19 EPS for the next fiscal year.
Shares of Oil States International, Inc. (NYSE OIS) opened at 27.50 on Monday. The firm’s market cap is $1.42 billion. The stock’s 50 day moving average is $28.52 and its 200 day moving average is $33.75. Oil States International, Inc. has a 12 month low of $25.25 and a 12 month high of $41.75.
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A number of brokerages recently commented on OIS. BMO Capital Markets set a $35.00 target price on Oil States International and gave the company a “hold” rating in a report on Wednesday, April 12th. Scotiabank restated a “buy” rating and set a $46.00 target price on shares of Oil States International in a report on Wednesday, March 22nd. BidaskClub upgraded Oil States International from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Deutsche Bank AG restated a “hold” rating and set a $35.00 target price (down previously from $37.00) on shares of Oil States International in a report on Tuesday, May 30th. Finally, Wolfe Research downgraded Oil States International from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 6th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. Oil States International currently has an average rating of “Hold” and an average target price of $36.75.
Oil States International Company Profile
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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