Oil States International Price Target Increased to $70.00 by Analysts at Capital One Financial Corp. (OIS)
Equities research analysts at Capital One Financial Corp. increased their target price on shares of Oil States International (NYSE:OIS) from $66.00 to $70.00 in a research note issued to investors on Tuesday. Capital One Financial Corp.’s price target points to a potential upside of 11.68% from the company’s current price.
Shares of Oil States International (NYSE:OIS) traded down 0.78% on Tuesday, hitting $62.19. The stock had a trading volume of 29,293 shares. Oil States International has a 52-week low of $50.4057 and a 52-week high of $65.77. The stock has a 50-day moving average of $63.25 and a 200-day moving average of $58.13. The company has a market cap of $3.377 billion and a price-to-earnings ratio of 11.25.
Oil States International (NYSE:OIS) last released its earnings data on Friday, August 1st. The company reported ($0.15) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.87 by $1.02. The company had revenue of $459.60 million for the quarter, compared to the consensus estimate of $459.61 million. During the same quarter last year, the company posted $1.50 earnings per share. Analysts expect that Oil States International will post $3.61 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on OIS. Analysts at Susquehanna reiterated a “neutral” rating on shares of Oil States International in a research note on Tuesday. They now have a $66.00 price target on the stock, down previously from $67.00. Separately, analysts at Robert W. Baird reiterated an “outperform” rating on shares of Oil States International in a research note on Monday. They now have a $76.00 price target on the stock. Finally, analysts at Credit Suisse upgraded shares of Oil States International from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $72.00 price target on the stock, up previously from $60.00. One analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. Oil States International currently has an average rating of “Buy” and an average target price of $81.69.
Oil States International, Inc (NYSE:OIS) through its subsidiaries, is a provider of specialty products and services to natural resources companies worldwide.
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