Research Analysts Set Expectations for OII FY2025 Earnings

Key Points

• Zacks Research has revised its FY2025 earnings per share (EPS) estimate for Oceaneering International to $1.87, an increase from the previous estimate of $1.78.
• Barclays has raised their price target for Oceaneering International from $21.00 to $22.00 while maintaining an "equal weight" rating on the stock.
• Oceaneering International reported earnings of $0.49 per share for the last quarter, exceeding the consensus estimate of $0.42 by $0.07, with revenues of $698.16 million.

Oceaneering International, Inc. (NYSE:OII - Free Report) - Equities researchers at Zacks Research lifted their FY2025 earnings per share (EPS) estimates for shares of Oceaneering International in a research note issued on Wednesday, August 13th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings per share of $1.87 for the year, up from their previous estimate of $1.78. 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 Q3 2026 earnings at $0.49 EPS, Q4 2026 earnings at $0.50 EPS, FY2026 earnings at $1.70 EPS, Q1 2027 earnings at $0.24 EPS and Q2 2027 earnings at $0.43 EPS.

Other equities analysts have also recently issued research reports about the company. Barclays raised their price target on Oceaneering International from $21.00 to $22.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. Wall Street Zen cut Oceaneering International from a "buy" rating to a "hold" rating in a report on Sunday. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $28.25.

Oceaneering International Stock Performance

NYSE OII opened at $21.91 on Thursday. The stock has a market capitalization of $2.20 billion, a PE ratio of 11.11 and a beta of 1.55. The business has a 50 day simple moving average of $21.39 and a two-hundred day simple moving average of $20.88. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.00 and a quick ratio of 1.67. Oceaneering International has a 1-year low of $15.46 and a 1-year high of $30.98.

Oceaneering International (NYSE:OII - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The oil and gas company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. The business had revenue of $698.16 million during the quarter, compared to analysts' expectations of $676.81 million. Oceaneering International had a return on equity of 22.09% and a net margin of 7.31%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS.

Institutional Investors Weigh In On Oceaneering International

A number of institutional investors and hedge funds have recently modified their holdings of OII. LPL Financial LLC raised its position in shares of Oceaneering International by 0.8% in the 4th quarter. LPL Financial LLC now owns 56,253 shares of the oil and gas company's stock worth $1,467,000 after acquiring an additional 451 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Oceaneering International by 0.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 322,028 shares of the oil and gas company's stock worth $8,398,000 after acquiring an additional 1,438 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Oceaneering International by 7.1% in the 4th quarter. Russell Investments Group Ltd. now owns 97,636 shares of the oil and gas company's stock worth $2,546,000 after acquiring an additional 6,437 shares in the last quarter. Bank of Montreal Can raised its position in shares of Oceaneering International by 5.5% in the 4th quarter. Bank of Montreal Can now owns 21,387 shares of the oil and gas company's stock worth $558,000 after acquiring an additional 1,119 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Oceaneering International in the 4th quarter worth $381,000. 93.93% of the stock is owned by institutional investors.

Oceaneering International Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.