News articles about Oceaneering International (NYSE:OII) have been trending positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oceaneering International earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 45.3749204751838 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several analysts recently commented on OII shares. Royal Bank of Canada set a $22.00 target price on shares of Oceaneering International and gave the stock a “buy” rating in a report on Thursday, December 21st. Capital One Financial downgraded shares of Oceaneering International from an “overweight” rating to an “equal weight” rating in a report on Thursday, November 16th. Barclays set a $21.00 price target on shares of Oceaneering International and gave the stock a “hold” rating in a report on Monday, February 26th. Howard Weil cut shares of Oceaneering International from a “sector outperform” rating to a “sector perform” rating in a research report on Friday, January 12th. Finally, Cowen set a $27.00 price objective on shares of Oceaneering International and gave the stock a “hold” rating in a research report on Thursday, January 11th. Six research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $22.70.
Oceaneering International (NYSE OII) traded up $0.32 on Wednesday, hitting $19.14. 1,830,588 shares of the stock traded hands, compared to its average volume of 1,390,000. The stock has a market capitalization of $1,880.00, a P/E ratio of -83.22 and a beta of 1.46. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.72 and a quick ratio of 2.23. Oceaneering International has a 52-week low of $17.11 and a 52-week high of $28.21.
Oceaneering International Company Profile
Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company’s business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).
Receive News & Ratings for Oceaneering International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceaneering International and related companies with MarketBeat.com's FREE daily email newsletter.