Is Oceaneering International, Inc. (NYSE: OII) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Oceaneering Appoints Hilary Frisbie as Senior Director, Investor Relations.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Oceaneering International, Inc. is listed on the NYSE in the Energy sector while operating in the Oil & Gas Equipment & Services industry. At the end of the last regular session, the stock closed at $20.59 and fluctuated between $20.76 as its day high and $20.22 as its day low. The current market capitalization of Oceaneering International, Inc. is $2.07B. A total of 0.81 million shares were traded on the day, compared to an average of 847.48K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, OII 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 21 BUYs and 20 SELLs from insiders. Insiders purchased 302,613 shares during that period but sold 188,956.

In the most recent transaction, Roedel Shaun sold 2,122 shares of OII for 26.85 per share on Sep 28. After the transaction, the SVP, Mfd. Prods. now owns 51,429 company shares. In a previous transaction on Sep 27, Curtis Alan R sold 31,011 shares at 26.48 per share. OII shares that SVP and CFO owns now total 161,277.

Among the insiders who sold shares, Childress Earl disposed of 14,600 shares on Sep 26 at a per-share price of $26.01. This resulted in the SVP, Chief Commercial Ofc. holding 64,791 shares of OII after the transaction. In another insider transaction, DYER CHRISTOPHER J sold 4,800 shares at $21.49 per share on Aug 04. Company shares held by the SVP, OPGroup now total 12,601.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for OII in the last 3 months, the mean price target is $26.17 with high estimates of $34.00 and low estimates of $23.00. In terms of 52-week highs and lows, OII has a high of $27.46 and a low of $14.99.

As of this writing, OII has an earnings estimate of $0.24 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.3 per share and a lower estimate of $0.22. The company reported an EPS of $0.18 in the last quarter, which was -37.90% lower than expectations of $0.29.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. OII’s latest balance sheet shows that the firm has $544.53M in Cash & Short Term Investments as of fiscal 2021. There were $872.78M in debt and $501.16M in liabilities at the time. Its Book Value Per Share was $5.62, while its Total Shareholder’s Equity was $511.02M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 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 OII is Buy with a score of 4.00.

Most Popular

Related Posts