Many Oceaneering International, Inc.(OII) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Oceaneering International was Initiated by SunTrust to Hold on Jan 18, 2017. Company shares were Downgraded by RBC Capital Mkts on Dec 16, 2016 to Underperform, Raises Price Target to $ 34 from a previous price target of $26 .Oceaneering International was Downgraded by Seaport Global Securities on Dec 1, 2016 to Neutral, Lowers Price Target to $ 27 from a previous price target of $29 .
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, John R Kreider (SVP, Advanced Technologies) sold 3,501 shares at 23.74 per share price.On Jun 30, 2016, David K Lawrence (Sr. V.P., Gen.Counsel and Sec.) purchased 90 shares at 30.22 per share price.On Jun 29, 2016, Stephen P Barrett (Sr. V.P., Subsea Products) purchased 1,000 shares at 28.91 per share price.
Oceaneering International Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.16. The company had revenue of $549.28 million for the quarter, compared to analysts expectations of $597.22 million. The companys revenue was down -26.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 EPS.
Oceaneering International, Inc. (NYSE:OII) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.6 by 15 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Oceaneering International, Inc. (NYSE:OII): The mean short term price target for Oceaneering International, Inc. (NYSE:OII) has been established at $30.27 per share. The higher price target estimate is at $40 and the lower price target estimate is expected at $23 according to 13 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.25
Oceaneering International, Inc. (NYSE:OII) rose 3.53% or 0.96 points on Tuesday and made its way into the gainers of the day. After trading began at $27.29 the stock was seen hitting $28.2 as a peak level and $27.105 as the lowest level. The stock ended up at $28.18. The daily volume was measured at 1,280,258 shares. The 52-week high of the share price is $36.92 and the 52-week low is $22.47. The company has a market cap of $2,763 million.
OCEANEERING INTERNATIONAL, INC. is an advanced applied technology company that provides engineered services and hardware to customers who operate in marine, space and other harsh environments. The company supplies a comprehensive range of integrated technical services to a wide array of industries and is one of the worlds largest underwater services contractors.