Oceaneering International (NYSE:OII - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.40 per share and revenue of $676.81 million for the quarter.
Oceaneering International (NYSE:OII - Get Free Report) last released its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.07. Oceaneering International had a net margin of 6.68% and a return on equity of 20.59%. The company had revenue of $674.52 million for the quarter, compared to analysts' expectations of $651.96 million. During the same quarter in the previous year, the company earned $0.14 EPS. Oceaneering International's revenue for the quarter was up 12.6% on a year-over-year basis. On average, analysts expect Oceaneering International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Oceaneering International Price Performance
Shares of OII traded down $0.11 during trading hours on Friday, reaching $20.48. 692,203 shares of the stock traded hands, compared to its average volume of 843,793. The company has a market cap of $2.06 billion, a P/E ratio of 11.51 and a beta of 1.48. Oceaneering International has a 52-week low of $15.46 and a 52-week high of $30.98. The company has a current ratio of 1.89, a quick ratio of 1.58 and a debt-to-equity ratio of 0.62. The company's 50-day moving average price is $20.48 and its two-hundred day moving average price is $21.47.
Institutional Trading of Oceaneering International
Several hedge funds have recently made changes to their positions in the company. Strs Ohio acquired a new stake in shares of Oceaneering International during the 1st quarter worth about $168,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Oceaneering International by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,154 shares of the oil and gas company's stock worth $1,312,000 after acquiring an additional 2,633 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Oceaneering International by 1.9% in the first quarter. Empowered Funds LLC now owns 120,776 shares of the oil and gas company's stock worth $2,634,000 after acquiring an additional 2,310 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Pickering Energy Partners raised shares of Oceaneering International from an "underperform" rating to a "neutral" rating in a research report on Wednesday, April 2nd. Wall Street Zen downgraded Oceaneering International from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Finally, Barclays reduced their price target on Oceaneering International from $22.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Monday, April 28th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $28.00.
Read Our Latest Analysis on Oceaneering International
Oceaneering International Company Profile
(
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Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.
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