BNP Paribas Financial Markets Has $235,000 Stake in Oil States International, Inc. (NYSE:OIS)

BNP Paribas Financial Markets raised its position in shares of Oil States International, Inc. (NYSE:OIS) by 40.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,167 shares of the oil and gas company’s stock after acquiring an additional 14,654 shares during the period. BNP Paribas Financial Markets owned approximately 0.08% of Oil States International worth $235,000 as of its most recent SEC filing.

Separately, SG Americas Securities LLC raised its stake in Oil States International by 83.1% during the 3rd quarter. SG Americas Securities LLC now owns 22,229 shares of the oil and gas company’s stock valued at $102,000 after purchasing an additional 10,087 shares during the last quarter. Hedge funds and other institutional investors own 97.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Susquehanna dropped their price objective on shares of Oil States International from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. StockNews.com cut Oil States International from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Finally, Stifel Nicolaus decreased their price objective on Oil States International from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, October 11th.

Oil States International Trading Down 2.0 %

Shares of OIS opened at $5.01 on Tuesday. The company has a current ratio of 3.40, a quick ratio of 1.83 and a debt-to-equity ratio of 0.18. The stock has a market cap of $316.18 million, a PE ratio of -15.18 and a beta of 2.64. Oil States International, Inc. has a 1 year low of $3.91 and a 1 year high of $7.27. The stock has a 50 day simple moving average of $5.04 and a 200-day simple moving average of $4.79.

Oil States International (NYSE:OIS) last released its quarterly earnings data on Wednesday, October 30th. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. Oil States International had a positive return on equity of 1.78% and a negative net margin of 2.78%. The firm had revenue of $174.30 million during the quarter, compared to analyst estimates of $192.09 million. During the same period in the prior year, the company posted $0.09 earnings per share. The business’s revenue for the quarter was down 6.5% compared to the same quarter last year. On average, sell-side analysts predict that Oil States International, Inc. will post 0.18 EPS for the current fiscal year.

Oil States International 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.