Oil States International (OIS) to Release Quarterly Earnings on Friday

Oil States International (NYSE:OIS) is anticipated to issue its quarterly earnings data before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $164.08 million for the quarter.

Oil States International (NYSE:OIS) last released its quarterly earnings data on Friday, February 21st. The oil and gas company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.06 by $0.03. The company had revenue of $164.60 million during the quarter, compared to the consensus estimate of $173.33 million. Oil States International had a positive return on equity of 1.78% and a negative net margin of 2.78%. 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 Price Performance

Shares of OIS opened at $3.61 on Friday. The company has a market cap of $224.13 million, a price-to-earnings ratio of -10.95 and a beta of 2.10. 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 company’s fifty day simple moving average is $4.77 and its 200 day simple moving average is $4.98. Oil States International has a 1-year low of $3.08 and a 1-year high of $5.86.

Analyst Ratings Changes

OIS has been the subject of several recent analyst reports. Susquehanna cut their target price on shares of Oil States International from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday. StockNews.com raised Oil States International from a “sell” rating to a “hold” rating in a report on Saturday, February 15th.

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.