Oil States International (OIS) Projected to Post Quarterly Earnings on Friday

Oil States International (NYSE:OIS) is expected to be releasing its earnings data before the market opens on Friday, April 25th. Analysts expect Oil States International to post earnings of $0.05 per share and revenue of $164.08 million for the quarter.

Oil States International (NYSE:OIS) last released its quarterly earnings results on Friday, February 21st. The oil and gas company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. The business had revenue of $164.60 million for the quarter, compared to analyst estimates of $173.33 million. Oil States International had a negative net margin of 2.78% and a positive return on equity of 1.78%. On average, analysts expect Oil States International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Oil States International Stock Performance

NYSE OIS opened at $3.61 on Friday. Oil States International has a 12-month low of $3.08 and a 12-month high of $5.86. The firm has a 50-day moving average price of $4.77 and a two-hundred day moving average price of $4.98. The company has a market capitalization of $224.13 million, a P/E ratio of -10.95 and a beta of 2.10. The company has a quick ratio of 1.83, a current ratio of 3.40 and a debt-to-equity ratio of 0.18.

Analyst Upgrades and Downgrades

OIS has been the topic of a number of recent research reports. StockNews.com upgraded Oil States International from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th. Susquehanna dropped their price target on Oil States International from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.