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Frank s International (NYSE:FI) has earned an average recommendation of “Buy” from the thirteen ratings firms that are currently covering the company, Stock Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $29.80.

In other Frank s International news, major shareholder D. Keith Mosing bought 17,556 shares of Frank s International stock in a transaction dated Wednesday, July 16th. The shares were purchased at an average price of $22.96 per share, for a total transaction of $403,085.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Frank s International (NYSE:FI) opened at 23.03 on Wednesday. Frank s International has a one year low of $20.76 and a one year high of $32.70. The stock has a 50-day moving average of $23.93 and a 200-day moving average of $24.1. The company has a market cap of $3.536 billion and a price-to-earnings ratio of 13.24.

Frank s International (NYSE:FI) last announced its earnings results on Thursday, May 1st. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.30 by $0.03. The company had revenue of $264.50 million for the quarter, compared to the consensus estimate of $266.60 million. The company’s quarterly revenue was up 13.7% on a year-over-year basis. Analysts expect that Frank s International will post $1.28 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Jefferies Group initiated coverage on shares of Frank s International in a research note on Wednesday. They set a “hold” rating and a $25.00 price target on the stock. Analysts at Guggenheim upgraded shares of Frank s International from a “neutral” rating to a “buy” rating in a research note on Monday, May 19th. They now have a $30.00 price target on the stock, up previously from $27.00.

Frank s International NV is a Netherlands-based company. It provides a broad and comprehensive range of tubular technologies to the oil and gas industry.

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