Oil States International (OIS) Set to Announce Quarterly Earnings on Friday

Oil States International (NYSE:OIS - Get Free Report) will issue its quarterly earnings data before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Oil States International (NYSE:OIS - Get Free Report) last released its quarterly earnings results on Tuesday, February 20th. The oil and gas company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.09. Oil States International had a return on equity of 2.20% and a net margin of 1.65%. The business had revenue of $208.30 million during the quarter, compared to analysts' expectations of $216.22 million. During the same period in the previous year, the business posted $0.05 earnings per share. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. 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 Oil States International stock traded up $0.13 during trading on Friday, reaching $5.56. The company's stock had a trading volume of 1,270,946 shares, compared to its average volume of 1,261,219. The stock has a 50-day moving average price of $5.86 and a two-hundred day moving average price of $6.55. The company has a current ratio of 3.10, a quick ratio of 1.82 and a debt-to-equity ratio of 0.19. Oil States International has a one year low of $5.22 and a one year high of $9.02. The stock has a market capitalization of $357.01 million, a P/E ratio of 27.80 and a beta of 2.56.

Hedge Funds Weigh In On Oil States International

Several institutional investors have recently modified their holdings of OIS. Tudor Investment Corp Et Al grew its position in shares of Oil States International by 4.0% in the 2nd quarter. Tudor Investment Corp Et Al now owns 91,391 shares of the oil and gas company's stock valued at $683,000 after purchasing an additional 3,492 shares during the period. BNP Paribas Arbitrage SA grew its position in shares of Oil States International by 433.5% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 115,863 shares of the oil and gas company's stock valued at $628,000 after purchasing an additional 94,145 shares during the period. Quantbot Technologies LP grew its position in shares of Oil States International by 249.3% in the 1st quarter. Quantbot Technologies LP now owns 77,522 shares of the oil and gas company's stock valued at $538,000 after purchasing an additional 55,327 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of Oil States International by 235.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 69,127 shares of the oil and gas company's stock valued at $469,000 after purchasing an additional 48,544 shares during the period. Finally, Yousif Capital Management LLC grew its position in shares of Oil States International by 3.6% in the 1st quarter. Yousif Capital Management LLC now owns 58,030 shares of the oil and gas company's stock valued at $403,000 after purchasing an additional 2,010 shares during the period. 97.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Susquehanna reissued a "neutral" rating and set a $6.50 price objective on shares of Oil States International in a report on Monday, April 8th.

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.