NYSE:IO

ION Geophysical Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: N/A
50-Day Range: $0.33
▼
$1.08
52-Week Range: N/A

Volume: 16,621 shs
Average Volume: 4.65 million shs
Market Capitalization: $10.37 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.70

ION Geophysical Stock Forecast (MarketRank)

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: ∞ Upside
$3.70 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.18 out of 5 stars

Oils/Energy Sector

307th out of 391 stocks

Oil & Gas Exploration Services Industry

2nd out of 5 stocks

3.0 Analyst's Opinion

Consensus Rating
ION Geophysical has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $3.70, ION Geophysical has a forecasted upside of ∞ from its current price of $0.00.
Amount of Analyst Coverage
ION Geophysical has only been the subject of 1 research reports in the past 90 days.

0.0 Short Interest

Short Interest
There is no current short interest data available for IO.

0.0 Dividend Strength

Dividend Yield
ION Geophysical does not currently pay a dividend.
Dividend Growth
ION Geophysical does not have a long track record of dividend growth.

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IO.

1.4 News and Social Media Coverage

News Sentiment
ION Geophysical has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
Search Interest
Only 5 people have searched for IO on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added ION Geophysical to their MarketBeat watchlist in the last 30 days. This is a decrease of -69% compared to the previous 30 days.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ION Geophysical insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.30% of the stock of ION Geophysical is held by insiders.
Percentage Held by Institutions
Only 16.49% of the stock of ION Geophysical is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ION Geophysical is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ION Geophysical is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About ION Geophysical (NYSE:IO)

ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment creates digital data assets and delivers services to help E&P companies improve decision-making and reduce risk. This segment includes two synergistic groups, imaging and reservoir services, and ventures. The company's Imaging and Reservoir Services group provides data processing, imaging, and reservoir services that improve image quality and subsurface insights, helping E&P companies reduce exploration and production risk, evaluate and develop reservoirs, and increase production. Its Imaging and Reservoir Services group develops and applies proprietary processing algorithms through its imaging engine to data owned or licensed by its customers to translate raw data into subsurface images. The Operations Optimization segment develops mission-critical subscription offerings and provides engineering services that enable operational control and optimization offshore. This segment includes the company's Optimization Software & Services and Devices offerings. The company's Optimization Software & Services group provides survey design, command, and control software systems and related services for marine towed streamer and seabed operations. Its Devices offerings group develops intelligent equipment controlled by its software to optimize operations. The company sells its services and products through a direct sales force consisting of employees and international third-party sales representatives. ION Geophysical Corporation was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. The company was founded in 1968 and is headquartered in Houston, Texas. On April 12, 2022, ION Geophysical Corporation along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

June 21, 2022 | americanbankingnews.com

ION Geophysical (NYSE:IO) Now Covered by Analysts at StockNews.com

June 20, 2022 | marketwatch.com

Geophysical Service Market Share, Size, Global Business Growth, Industry Revenue, Demand and Applications Market Research Report to 2026

June 12, 2022 | americanbankingnews.com

ION Geophysical (NYSE:IO) Coverage Initiated by Analysts at StockNews.com

June 8, 2022 | finance.yahoo.com

Trailbreaker Resources Completes Phase 1 Geophysical and Geochemical Surveys at Its Eakin Creek Property in South-Central BC

June 7, 2022 | nz.finance.yahoo.com

ION completes the Mid North Sea High Phases 2 and 2b programs, providing a greater understanding of the Zechstein play

June 7, 2022 | finanznachrichten.de

Tempus Resources Ltd: Phase 2 Exploration Results Valle del Tigre Project Ecuador

June 7, 2022 | finance.yahoo.com

Phase 2 Exploration Results Valle del Tigre Project Ecuador

May 18, 2022 | seekingalpha.com

ION Geophysical gets NYSE notice of delisting proceedings

April 26, 2022 | benzinga.com

Alliance Global Partners Downgrades ION Geophysical to Sell

April 21, 2022 | wsj.com

Firm Retention Summary: Ion Geophysical Corp.

April 20, 2022 | marketwatch.com

Geophysical Service MarketStatus, Growth Opportunity, Size, Trends, Key Industry Outlook 2022 – 2026

April 20, 2022 | marketwatch.com

ION Geophysical Shares Double After 5-Year Contract From Brunei Shell Petroleum

April 20, 2022 | seekingalpha.com

Ion Geophysical wins contract with Brunei Shell for digital solution

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Oil & gas exploration services
Sub-Industry: Oil & Gas Equipment & Services
Sector: Oils/Energy
Current Symbol: NYSE:IO
CUSIP: 46204410
CIK: 866609
Web: www.iongeo.com
Phone: (281) 933-3339
Fax: 281-879-3626
Employees: 360
Year Founded: 1968

Company Calendar

Last Earnings: 11/03/2021
Today: 7/01/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $3.70
High Stock Price Forecast: $3.70
Low Stock Price Forecast: $3.70
Consensus Rating: Hold
Rating Score (0-4): 2
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.30)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-37.22 million
Net Margins: -42.05%
Pretax Margin: -31.51%
Return on Equity: N/A
Return on Assets: -17.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.64
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: $122.67 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($4.75) per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 29,617,000
Free Float: 27,159,000
Market Cap: $10.37 million
Optionable: Optionable
Beta: 3.38

Social Links

ION Geophysical Frequently Asked Questions

Should I buy or sell ION Geophysical stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ION Geophysical in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ION Geophysical stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IO, but not buy additional shares or sell existing shares.
View analyst ratings for ION Geophysical or view top-rated stocks.
What is ION Geophysical's stock price forecast for 2022?: 2 equities research analysts have issued 1-year price targets for ION Geophysical's shares. Their IO stock forecasts range from $3.70 to $3.70. On average, they expect ION Geophysical's stock price to reach $3.70 in the next year.
View analysts' price targets for ION Geophysical or view top-rated stocks among Wall Street analysts.
How were ION Geophysical's earnings last quarter?: ION Geophysical Co. (NYSE:IO) announced its earnings results on Wednesday, November, 3rd. The oil and gas company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.07. The oil and gas company earned $44.39 million during the quarter, compared to analyst estimates of $44 million. During the same period in the previous year, the company posted ($1.16) EPS.
View ION Geophysical's earnings history.
Who are ION Geophysical's key executives?: ION Geophysical's management team includes the following people:
Mr. Christopher T. Usher, CEO, Pres & Director (Age 61, Pay $460.14k)
Mr. Michael L. Morrison, Exec. VP & CFO (Age 51, Pay $283k)
Mr. Steven A. Bate, Chief Admin. Officer (Age 59, Pay $384.68k)
Mr. Matthew R. Powers, Exec. VP, Gen. Counsel & Corp. Sec. (Age 46, Pay $242.63k)
Mr. Kenneth G. Williamson, Exec. VP of Innovation & Strategic Marketing (Age 57, Pay $343.61k)
Mr. Dale J. Lambert, Exec. VP of EPTS (Age 63, Pay $263.72k)
Ms. Rachel White, VP of Corp. Communications
Ms. Lisa Ruiz, Sr. VP of Global HR
Ms. Sheila M. Rodermund, Exec. VP of Operations Optimization (Age 60)
Mr. Scott P. Schwausch, VP of Fin. & Corp. Controller (Age 47)
What is Chris Usher's approval rating as ION Geophysical's CEO?: 6 employees have rated ION Geophysical CEO Chris Usher on Glassdoor.com. Chris Usher has an approval rating of 51% among ION Geophysical's employees. This puts Chris Usher in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of ION Geophysical's key competitors?: Some companies that are related to ION Geophysical include Schlumberger (SLB), Halliburton (HAL), NOV (NOV), TechnipFMC (FTI), RPC (RES), Oceaneering International (OII), Tidewater (TDW), Dril-Quip (DRQ), TETRA Technologies (TTI), Helix Energy Solutions Group (HLX), Oil States International (OIS), Newpark Resources (NR), Natural Gas Services Group (NGS), Matrix Service (MTRX) and Forum Energy Technologies (FET).
View all of IO's competitors.

What other stocks do shareholders of ION Geophysical own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ION Geophysical investors own include Aurora Cannabis (ACB), Nokia Oyj (NOK), RESOLUTE ENERGY/SH NEW (REN), Advanced Micro Devices (AMD), Twitter (TWTR), Whiting Petroleum (WLL), Allena Pharmaceuticals (ALNA), Energy Transfer (ET), Gilead Sciences (GILD) and Rite Aid (RAD).
What is ION Geophysical's stock symbol?: ION Geophysical trades on the New York Stock Exchange (NYSE) under the ticker symbol "IO."
How much money does ION Geophysical make?: ION Geophysical (NYSE:IO) has a market capitalization of $0.00 and generates $122.67 million in revenue each year. The oil and gas company earns $-37.22 million in net income (profit) each year or ($2.30) on an earnings per share basis.
How many employees does ION Geophysical have?: ION Geophysical employs 360 workers across the globe.
Does ION Geophysical have any subsidiaries?: The following companies are subsidiares of ION Geophysical: ARAM, AXIS Geophysics, CompuSeis, Concept Systems Holdings, Concept Systems Holdings Limited, Concept Systems Limited, DeRegt Special Cable, DigiCourse Inc., GMG/AXIS Inc., GX Geoscience Corporation S. de R.L. de C.V., GX Technology, GX Technology Australia Pty Ltd., GX Technology Canada Ltd., GX Technology Corporation, GX Technology EAME Limited, GX Technology Imaging Services Limited, GX Technology Poland Sp. Z o.o., GX Technology Processamento de Dados Ltda., GX Technology Sismica Brasil Ltda., GX Technology Trinidad Ltd., Global Dynamics, Green Mountain Geophysics, I/O Cayman Islands Ltd., I/O International Holdings Ltd., I/O International Ltd., I/O Luxembourg S.à r.l., I/O Marine Systems Inc., I/O Marine Systems Limited, I/O U.K. Holdings Limited, ION China Holdings Limited, ION E&P Advisors Inc., ION EPA Holdings Inc., ION Exploration Products (U.S.A.) Inc., ION Geophysical CIS LLC, ION Geophysical Sdn. Bhd., ION HPC Services Inc., ION Inc., ION International Holdings L.P., ION International S.à r.l., IPOP Management Inc., OceanGeo, OceanGeo B.V., OceanGeo Inc., OceanGeo Ltd., Oceangeo Tecnologia de Exploração de Reservatórios do Brasil EIRELI, Pelton, Q.C. Tools, Sensor Nederland B.V., and “Inco” Industrial Components ‘s-Gravenhage B.V..
Read More
When was ION Geophysical founded?: ION Geophysical was founded in 1968.
How can I contact ION Geophysical?: ION Geophysical's mailing address is 2105 CITYWEST BLVD SUITE 100, HOUSTON TX, 77042. The official website for ION Geophysical is www.iongeo.com. The oil and gas company can be reached via phone at (281) 933-3339, via email at [email protected], or via fax at 281-879-3626.

This page (NYSE:IO) was last updated on 7/2/2022 by MarketBeat.com Staff

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ION Geophysical Stock Forecast, Price & News

ION Geophysical Stock Forecast (MarketRank)

Overall MarketRank™

3.0 Analyst's Opinion

0.0 Short Interest

Short Interest

0.0 Dividend Strength

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

1.4 News and Social Media Coverage

News Sentiment

Search Interest

MarketBeat Follows

0.0 Company Ownership

0.0 Earnings and Valuation

Receive IO Stock News and Ratings via Email

About ION Geophysical (NYSE:IO)

IO Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

ION Geophysical Frequently Asked Questions

Should I buy or sell ION Geophysical stock right now?

What is ION Geophysical's stock price forecast for 2022?

How were ION Geophysical's earnings last quarter?

Who are ION Geophysical's key executives?

What is Chris Usher's approval rating as ION Geophysical's CEO?

Who are some of ION Geophysical's key competitors?

What other stocks do shareholders of ION Geophysical own?

What is ION Geophysical's stock symbol?

How much money does ION Geophysical make?

How many employees does ION Geophysical have?

Does ION Geophysical have any subsidiaries?

When was ION Geophysical founded?

How can I contact ION Geophysical?

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