Oil States International (OIS) Set to Announce Quarterly Earnings on Monday

Oil States International (NYSE:OIS) is scheduled to be releasing its earnings data before the market opens on Monday, July 29th. Analysts expect Oil States International to post earnings of $0.04 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Oil States International (NYSE:OIS) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.02). The company had revenue of $167.26 million during the quarter, compared to analysts’ expectations of $190.08 million. Oil States International had a negative net margin of 0.35% and a positive return on equity of 1.62%. On average, analysts expect Oil States International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Oil States International Stock Performance

Shares of Oil States International stock opened at $4.74 on Friday. The firm has a market capitalization of $304.38 million, a P/E ratio of -118.50 and a beta of 2.67. The company has a quick ratio of 1.83, a current ratio of 3.31 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average price of $4.34 and a 200 day moving average price of $5.19. Oil States International has a 52 week low of $3.91 and a 52 week high of $8.92.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on OIS. Piper Sandler decreased their price objective on shares of Oil States International from $7.50 to $5.50 and set a “neutral” rating for the company in a research report on Monday, July 15th. Stifel Nicolaus reduced their price target on shares of Oil States International from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Tuesday, April 30th. Susquehanna reduced their price target on shares of Oil States International from $6.50 to $4.50 and set a “neutral” rating for the company in a research report on Monday, April 29th. Finally, StockNews.com lowered shares of Oil States International from a “hold” rating to a “sell” rating in a research report on Thursday, June 27th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Oil States International has an average rating of “Hold” and a consensus price target of $7.50.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.