Oil States International (OIS) Scheduled to Post Quarterly Earnings on Friday

Oil States International (NYSE:OIS) is set to release its earnings data before the market opens on Friday, April 26th. Analysts expect Oil States International to post earnings of $0.01 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Oil States International (NYSE:OIS) last released its earnings results on Tuesday, February 20th. The oil and gas company reported $0.09 EPS for the quarter, hitting analysts’ consensus estimates of $0.09. Oil States International had a net margin of 1.65% and a return on equity of 2.20%. The business had revenue of $208.30 million for the quarter, compared to the consensus estimate of $216.22 million. During the same period in the previous year, the firm earned $0.05 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. 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 Up 0.2 %

NYSE OIS opened at $5.43 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.10 and a quick ratio of 1.82. The company’s 50 day simple moving average is $5.87 and its 200 day simple moving average is $6.56. Oil States International has a 12 month low of $5.22 and a 12 month high of $9.02. The company has a market capitalization of $348.66 million, a P/E ratio of 27.40 and a beta of 2.56.

Wall Street Analysts Forecast Growth

Separately, Susquehanna restated a “neutral” rating and set a $6.50 price target on shares of Oil States International in a report on Monday, April 8th.

Institutional Investors Weigh In On Oil States International

A number of large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio grew its position in Oil States International by 270.7% during the second quarter. Public Employees Retirement System of Ohio now owns 10,994 shares of the oil and gas company’s stock valued at $82,000 after purchasing an additional 8,028 shares in the last quarter. Brevan Howard Capital Management LP purchased a new position in Oil States International during the fourth quarter valued at approximately $92,000. Teachers Retirement System of The State of Kentucky bought a new stake in Oil States International in the third quarter worth approximately $76,000. MetLife Investment Management LLC grew its position in Oil States International by 23.8% in the first quarter. MetLife Investment Management LLC now owns 30,522 shares of the oil and gas company’s stock worth $212,000 after acquiring an additional 5,864 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in Oil States International by 266.5% in the second quarter. Captrust Financial Advisors now owns 36,675 shares of the oil and gas company’s stock worth $199,000 after acquiring an additional 26,669 shares in the last quarter. Institutional investors and hedge funds own 97.44% of the company’s stock.

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.