Oceaneering International, Inc. (NYSE:OII - Free Report) - Equities research analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Oceaneering International in a note issued to investors on Tuesday, April 8th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will post earnings per share of $1.69 for the year, up from their previous forecast of $1.67. The consensus estimate for Oceaneering International's current full-year earnings is $1.78 per share. Zacks Research also issued estimates for Oceaneering International's Q1 2026 earnings at $0.40 EPS and Q3 2026 earnings at $0.44 EPS.
Oceaneering International (NYSE:OII - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The oil and gas company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.02). The company had revenue of $713.45 million during the quarter, compared to analyst estimates of $681.60 million. Oceaneering International had a return on equity of 17.29% and a net margin of 5.54%.
Other research analysts also recently issued research reports about the company. Citigroup downgraded Oceaneering International from a "buy" rating to a "neutral" rating and set a $30.00 price target for the company. in a research note on Friday, January 10th. Barclays decreased their price target on shares of Oceaneering International from $26.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 5th. TD Cowen increased their price target on shares of Oceaneering International from $26.00 to $27.00 and gave the company a "hold" rating in a research report on Wednesday, January 8th. StockNews.com cut Oceaneering International from a "buy" rating to a "hold" rating in a research note on Saturday, March 1st. Finally, Pickering Energy Partners upgraded shares of Oceaneering International from an "underperform" rating to a "neutral" rating in a research note on Wednesday, April 2nd. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $28.25.
Check Out Our Latest Analysis on OII
Oceaneering International Stock Up 1.9 %
Shares of OII stock traded up $0.32 during trading hours on Friday, reaching $17.27. The company had a trading volume of 242,703 shares, compared to its average volume of 853,629. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 11.99 and a beta of 1.94. The business has a fifty day simple moving average of $21.10 and a 200-day simple moving average of $24.55. Oceaneering International has a 12 month low of $15.46 and a 12 month high of $30.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.74 and a quick ratio of 1.46.
Institutional Investors Weigh In On Oceaneering International
Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Oceaneering International by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 12,480,517 shares of the oil and gas company's stock valued at $325,492,000 after buying an additional 69,337 shares in the last quarter. State Street Corp grew its position in shares of Oceaneering International by 2.1% during the 3rd quarter. State Street Corp now owns 5,221,049 shares of the oil and gas company's stock worth $129,847,000 after buying an additional 107,394 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Oceaneering International by 22.5% during the fourth quarter. Brown Advisory Inc. now owns 5,129,668 shares of the oil and gas company's stock valued at $133,782,000 after buying an additional 941,849 shares during the period. American Century Companies Inc. raised its holdings in shares of Oceaneering International by 14.3% in the fourth quarter. American Century Companies Inc. now owns 2,841,710 shares of the oil and gas company's stock valued at $74,112,000 after acquiring an additional 355,290 shares in the last quarter. Finally, Greenhouse Funds LLLP lifted its stake in Oceaneering International by 10.0% in the fourth quarter. Greenhouse Funds LLLP now owns 2,689,795 shares of the oil and gas company's stock worth $70,150,000 after acquiring an additional 244,362 shares during the period. Institutional investors own 93.93% of the company's stock.
About Oceaneering International
(
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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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