After Hours
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. Most recently, Yahoo Finance reported about the stock as it publicized that Oceaneering to Participate at Investor Conferences: J.P. Morgan Global High Yield & Leveraged Finance Conference and Scotiabank Energy & Power Conference.
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Stocks Info
OII belongs to the Energy sector of the NYSE while operating in the Oil & Gas Equipment & Services industry. The current market capitalization of Oceaneering International, Inc. is $2.18B. A total of 0.8 million shares were traded on the day, compared to an average of 739.25K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.
