Oil States International, Inc (NYSE:OIS) price on Wednesday, April 30, fall -3.84% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.51.
A look at the stock’s price movement, the close in the last trading session was $3.65, moving within a range at $3.44 and $3.598. The beta value (5-Year monthly) was 2.107. Turning to its 52-week performance, $5.86 and $3.08 were the 52-week high and 52-week low respectively. Overall, OIS moved -31.84% over the past month.
Oil States International, Inc’s market cap currently stands at around $217.68 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-20.
Analysts have a consensus estimate of 164.08M for the company’s revenue for the quarter, with a low and high estimate of 162M and 167M respectively. The average forecast suggests down to a -1.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 702.52M, representing a 1.43% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OIS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend OIS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
OIS’s current price about -3.52% and -22.83% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.00, while 7-day volatility ratio is 4.88% and 8.40% in the 30-day chart. Further, Oil States International, Inc (OIS) has a beta value of 1.77, and an average true range (ATR) of 0.26. Analysts have given the company’s stock an average 52-week price target of $7.5, forecast between a low of $7.5 and high of $7.5. Looking at the price targets, the low is -113.68% off current price level while to achieve the yearly target high, price needs to move -113.68%. Nonetheless, investors will most likely welcome a -113.68% jump to $7.5 which is the analysts’ median price.
If we refocus on Oil States International, Inc (NYSE:OIS), historical trading data shows that trading volumes averaged 0.83 over the past 10 days and 814.47K over the past 3 months. The company’s latest data on shares outstanding shows there are 61.49 million shares.
The 7.08% of Oil States International, Inc’s shares are in the hands of company insiders while institutional holders own 80.19% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.96 million on 2025-04-15, giving us a short ratio of 1.12. The data shows that as of 2025-04-15 short interest in Oil States International, Inc (OIS) stood at 186.0 of shares outstanding, with shares short falling to 1.15 million registered in 2025-03-14. Current price change has pushed the stock -30.63% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OIS stock continues to rise going into the next quarter.
