Oil States International, Inc. (NYSE:OIS) traded at $4.11 at last check on Tuesday, April 30, made an upward move of 1.36% on its previous day’s price.
Looking at the stock we see that its previous close was $4.05. In terms of its 52-week price range, OIS has a high of $9.02 and a low of $3.98. The company’s stock has lost about -33.47% over that past 30 days.
Oil States International, Inc. has a market cap of $263.58 million. Estimates by analysts give the company expected earnings per share (EPS) of $0.03, with the EPS growth for the year raised at $0.23 for 2024 and $0.45 for next year. These figures represent 15.00% and 95.70% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $184.13 million, with a low of $170.21 million and a high of $205 million. The median projection represents growth adding up to -8.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $765.89 million, or -2.10% down from figures reported last year.
On the other hand, looking at the outlook for the OIS stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -27.69% off its SMA20 and -28.29% from its 50-day simple moving average. The RSI (14) is pointing at 21.46 while the volatility over the past week is 8.27% and jumps to 4.90% over the past one month. The beta value is 2.61, while the average true range (ATR) is currently pointing at 0.29.
Coming back to Oil States International, Inc. (NYSE:OIS), we note that the average 3-month trading volume was 1.61 million. Current shares outstanding are 63.33 million.
The insiders hold 5.44% of the company’s shares while institutions hold 90.68%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -39.54% down in year-to-date price movement.
