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Tuesday, January 31, 2023

Today, Oil States International Inc. (NYSE: OIS) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Oil States International Inc. (OIS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.33, or 4.04%, to $8.49. The Oil States International Inc. has recorded 28,773 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Oil States Announces Third Quarter 2022 Results of Operations.


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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Equipment & Services industry segment. At the end of the last regular session, the stock closed at $8.16 and fluctuated between $8.27 as its day high and $7.88 as its day low. The current market capitalization of Oil States International Inc. is $508.69M. A total of 0.52 million shares were traded on the day, compared to an average of 621.45K shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OIS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 12 SELLs from insiders. Insiders purchased 715,249 shares during that period but sold 141,508.

In the most recent transaction, Moses Philip Scott bought 58,624 shares of OIS for 3.63 per share on Sep 23. After the transaction, the EVP, Chief Operating Officer now owns 384,487 company shares.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OIS in the last 3 months, the mean price target is $9.50 with high estimates of $11.00 and low estimates of $8.00. In terms of 52-week highs and lows, OIS has a high of $9.02 and a low of $3.51.

As of this writing, OIS has an earnings estimate of $0.05 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.03. The company reported an EPS of -$0.08 in the last quarter, which was -33.30% lower than expectations of -$0.06.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OIS is Buy with a score of 4.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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