Price Change to Note: Oil States International, Inc. Rises A lot Today, Is Now One of The Best Performer

Price Change to Note: Oil States International, Inc. Rises A lot Today, Is Now One of The Best Performer

The stock of Oil States International, Inc. (NYSE:OIS) is a huge mover today! About 306,406 shares traded hands. Oil States International, Inc. (NYSE:OIS) has declined 4.05% since April 27, 2016 and is downtrending. It has underperformed by 9.28% the S&P500.
The move comes after 7 months positive chart setup for the $1.83 billion company. It was reported on Nov, 30 by Barchart.com. We have $38.75 PT which if reached, will make NYSE:OIS worth $164.70M more.

Analysts await Oil States International, Inc. (NYSE:OIS) to report earnings on February, 15. They expect $-0.21 earnings per share, down 261.54% or $0.34 from last year’s $0.13 per share. After $-0.19 actual earnings per share reported by Oil States International, Inc. for the previous quarter, Wall Street now forecasts 10.53% negative EPS growth.

Oil States International, Inc. (NYSE:OIS) Ratings Coverage

Out of 12 analysts covering Oil States (NYSE:OIS), 5 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 42% are positive. Oil States has been the topic of 30 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by Howard Weil on Thursday, July 30 with “Sector Outperform”. The stock of Oil States International, Inc. (NYSE:OIS) earned “Equal-Weight” rating by Morgan Stanley on Thursday, August 11. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, July 29 report. The company was initiated on Friday, October 16 by Gabelli. The stock of Oil States International, Inc. (NYSE:OIS) earned “Hold” rating by Deutsche Bank on Thursday, August 20. The company was downgraded on Monday, March 28 by Howard Weil. The rating was maintained by Howard Weil with “Sector Outperform” on Friday, February 19. The firm has “Buy” rating by Evercore given on Wednesday, June 29. The stock of Oil States International, Inc. (NYSE:OIS) has “Sector Perform” rating given on Friday, February 19 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Monday, November 2 with “Sector Perform”.

According to Zacks Investment Research, “Oil States International, Inc. is a diversified oilfield services company. With locations around the world, Oil States is a leading manufacturer of products for deepwater production facilities and subsea pipelines, and a leading supplier of a broad range of services to the oil and gas industry, including production-related rental tools, work force accommodations and logistics, oil country tubular goods distribution and land drilling services. Oil States is organized in three business segments Offshore Products, Tubular Services and Well Site Services.”

Insitutional Activity: The institutional sentiment increased to 1.47 in Q2 2016. Its up 0.38, from 1.09 in 2016Q1. The ratio increased, as 23 funds sold all Oil States International, Inc. shares owned while 62 reduced positions. 30 funds bought stakes while 63 increased positions. They now own 52.21 million shares or 11.27% less from 58.84 million shares in 2016Q1.
Moreover, Ajo Limited Partnership has 0.46% invested in Oil States International, Inc. (NYSE:OIS) for 3.14M shares. Moreover, Summit Finance Wealth Advsrs Ltd Llc has 0.12% invested in Oil States International, Inc. (NYSE:OIS) for 8,700 shares. Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma owns 37 shares or 0% of their US portfolio. Kanaly Com last reported 0% of its portfolio in the stock. The Maryland-based Howard Hughes Medical Institute has invested 0.06% in Oil States International, Inc. (NYSE:OIS). Strs Ohio holds 0% of its portfolio in Oil States International, Inc. (NYSE:OIS) for 33,900 shares. Viking Fund Mngmt Ltd holds 3.33% or 585,000 shares in its portfolio. Capital Fund Mgmt accumulated 130,615 shares or 0.04% of the stock. Meeder Asset Inc holds 0.02% or 6,557 shares in its portfolio. Stevens Capital Mgmt L P accumulated 16,464 shares or 0.02% of the stock. Cornerstone Limited Liability Co holds 15,000 shares or 0% of its portfolio. California State Teachers Retirement System has 107,576 shares for 0.01% of their US portfolio. Kcg Inc owns 14,283 shares or 0.01% of their US portfolio. Millennium Management Ltd Liability accumulated 0% or 41,457 shares. Federated Invsts Pa holds 48,902 shares or 0% of its portfolio.

More news for Oil States International, Inc. (NYSE:OIS) were recently published by: Fool.com, which released: “Here’s Why Shares of Oil States International Climbed 21% in March” on April 09, 2016. Fool.com‘s article titled: “Why Oil Prices Pushed Oil States International, Inc.’s Stock Down 14.8% in …” and published on January 04, 2016 is yet another important article.

OIS Company Profile

Oil States International, Inc., incorporated on July 6, 1995, through its subsidiaries, is a well-known provider of specialty services and products to oil and natural gas companies throughout the world. The Company’s divisions include offshore products and well site services. The Firm operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. The Company’s clients include national oil companies, independent oil and natural gas companies, onshore and offshore drilling companies, and other oilfield service companies.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment