NYSE:IO - Ion Geophysical Stock Price, News, & Analysis

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$5.72 -0.27 (-4.51 %)
(As of 12/18/2018 01:44 PM ET)
Previous Close$5.99
Today's Range$5.72 - $5.88
52-Week Range$5.91 - $32.45
Volume830 shs
Average Volume107,713 shs
Market Capitalization$89.08 million
P/E Ratio-3.55
Dividend YieldN/A
Beta2.86
ION Geophysical Corporation provides geoscience products, services, and solutions to the oil and gas industry worldwide. It operates through three segments: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services. The E&P Technology & Services segment offers complete seismic data services, including survey design and planning, data acquisition, project management, advanced processing, and imaging services, as well as reservoir characterization and interpretation services. The E&P Operations Optimization segment provides command and control software systems, as well as related software and services for towed marine streamer and ocean bottom seismic operations, and for survey design. This segment also manufactures and repairs marine towed streamer acquisition and positioning systems, and analog geophone sensors. The Ocean Bottom Services segment offers survey design, planning, and optimization services to maximize seismic image quality, operational efficiency, and safety; data acquisition; and data processing, interpretation, and reservoir services. This segment also manufactures re-deployable ocean bottom cable seismic data acquisition systems. ION Geophysical Corporation markets and sells its services and products through direct sales force and third-party sales representatives. The company was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. ION Geophysical Corporation was founded in 1968 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Oil & gas exploration services
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:IO
Previous Symbol
CUSIP46204410
Phone281-933-3339

Debt

Debt-to-Equity Ratio4.44
Current Ratio0.95
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio-3.55
Forward P/E Ratio-2.14
P/E GrowthN/A

Sales & Book Value

Annual Sales$197.55 million
Price / Sales0.41
Cash Flow$3.4048 per share
Price / Cash Flow1.68
Book Value$2.59 per share
Price / Book2.21

Profitability

EPS (Most Recent Fiscal Year)($1.61)
Net Income$-30,240,000.00
Net Margins-32.58%
Return on Equity-112.49%
Return on Assets-15.64%

Miscellaneous

Employees478
Outstanding Shares14,120,000
Market Cap$89.08 million
OptionableOptionable

Ion Geophysical (NYSE:IO) Frequently Asked Questions

What is Ion Geophysical's stock symbol?

Ion Geophysical trades on the New York Stock Exchange (NYSE) under the ticker symbol "IO."

How were Ion Geophysical's earnings last quarter?

Ion Geophysical Corp (NYSE:IO) announced its quarterly earnings results on Wednesday, October, 31st. The oil and gas company reported ($0.52) EPS for the quarter, missing the Zacks' consensus estimate of $0.87 by $1.39. The oil and gas company earned $47.20 million during the quarter, compared to analysts' expectations of $65.50 million. Ion Geophysical had a negative return on equity of 112.49% and a negative net margin of 32.58%. View Ion Geophysical's Earnings History.

When is Ion Geophysical's next earnings date?

Ion Geophysical is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Ion Geophysical.

What price target have analysts set for IO?

5 brokers have issued 1 year target prices for Ion Geophysical's shares. Their predictions range from $35.00 to $79.00. On average, they expect Ion Geophysical's stock price to reach $57.00 in the next year. This suggests a possible upside of 896.5% from the stock's current price. View Analyst Price Targets for Ion Geophysical.

What is the consensus analysts' recommendation for Ion Geophysical?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ion Geophysical in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ion Geophysical.

Has Ion Geophysical been receiving favorable news coverage?

News stories about IO stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ion Geophysical earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next few days.

Who are some of Ion Geophysical's key competitors?

Who are Ion Geophysical's key executives?

Ion Geophysical's management team includes the folowing people:
  • Mr. R. Brian Hanson, Pres, CEO & Director (Age 53)
  • Mr. Steven A. Bate, Exec. VP & CFO (Age 55)
  • Mr. Matthew R. Powers, Exec. VP, Gen. Counsel & Corp. Sec. (Age 42)
  • Mr. Kenneth G. Williamson, Exec. VP and COO of E&P Technology & Services (Age 53)
  • Mr. Christopher T. Usher, Exec. VP & COO of Operations Optimization (Age 57)

Who are Ion Geophysical's major shareholders?

Ion Geophysical's stock is owned by many different of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (7.65%), Vanguard Group Inc (3.73%), Vanguard Group Inc. (3.73%), Neuberger Berman Group LLC (2.86%), AQR Capital Management LLC (1.48%) and Bridgeway Capital Management Inc. (1.46%). Company insiders that own Ion Geophysical stock include Christopher Theron Usher, Franklin Myers, James M Lapeyre Jr, Jamey S Seely, Matthew R Powers, R Brian Hanson and Steven Bate. View Institutional Ownership Trends for Ion Geophysical.

Which major investors are selling Ion Geophysical stock?

IO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Panagora Asset Management Inc., GSA Capital Partners LLP, Wells Fargo & Company MN, Renaissance Technologies LLC, Macquarie Group Ltd., BlueMountain Capital Management LLC and Bridgeway Capital Management Inc.. Company insiders that have sold Ion Geophysical company stock in the last year include Franklin Myers and R Brian Hanson. View Insider Buying and Selling for Ion Geophysical.

Which major investors are buying Ion Geophysical stock?

IO stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, AQR Capital Management LLC, Vanguard Group Inc, Vanguard Group Inc., SG Americas Securities LLC, Russell Investments Group Ltd., NJ State Employees Deferred Compensation Plan and Systematic Financial Management LP. Company insiders that have bought Ion Geophysical stock in the last two years include Christopher Theron Usher, James M Lapeyre Jr, Matthew R Powers, R Brian Hanson and Steven Bate. View Insider Buying and Selling for Ion Geophysical.

How do I buy shares of Ion Geophysical?

Shares of IO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ion Geophysical's stock price today?

One share of IO stock can currently be purchased for approximately $5.72.

How big of a company is Ion Geophysical?

Ion Geophysical has a market capitalization of $89.08 million and generates $197.55 million in revenue each year. The oil and gas company earns $-30,240,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis. Ion Geophysical employs 478 workers across the globe.

What is Ion Geophysical's official website?

The official website for Ion Geophysical is http://www.iongeo.com.

How can I contact Ion Geophysical?

Ion Geophysical's mailing address is 2105 CITYWEST BLVD SUITE 100, HOUSTON TX, 77042. The oil and gas company can be reached via phone at 281-933-3339 or via email at [email protected]


MarketBeat Community Rating for Ion Geophysical (NYSE IO)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  146 (Vote Underperform)
Total Votes:  313
MarketBeat's community ratings are surveys of what our community members think about Ion Geophysical and other stocks. Vote "Outperform" if you believe IO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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