Currently, there are 100.59M common shares owned by the public and among those 98.63M shares have been available to trade.
The company’s stock has a 5-day price change of -3.31% and -14.03% over the past three months. OII shares are trading -27.19% year to date (YTD), with the 12-month market performance down to -21.79% lower. It has a 12-month low price of $15.46 and touched a high of $30.98 over the same period. OII has an average intraday trading volume of 1.03 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.28%, -1.31%, and -20.71% respectively.
Institutional ownership of Oceaneering International, Inc (NYSE: OII) shares accounts for 96.06% of the company’s 100.59M shares outstanding.
It has a market capitalization of $1.91B and a beta (3y monthly) value of 1.49. The stock’s trailing 12-month PE ratio is 10.63, while the earnings-per-share (ttm) stands at $1.79. The company has a PEG of 0.52 and a Quick Ratio of 1.58 with the debt-to-equity ratio at 1.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.72% over the week and 2.43% over the month.
Earnings per share for the fiscal year are expected to increase by 43.90%, and 5.52% over the next financial year.
Citigroup coverage for the Oceaneering International, Inc (OII) stock in a research note released on January 10, 2025 offered a Neutral rating with a price target of $30. Barclays was of a view on December 18, 2024 that the stock is Equal Weight, while The Benchmark Company gave the stock Buy rating on January 19, 2023, issuing a price target of $25. Barclays on their part issued Equal Weight rating on October 06, 2022.
