Oil States International Rating Reiterated by Susquehanna (OIS)
Oil States International (NYSE:OIS)‘s stock had its “neutral” rating reiterated by Susquehanna in a research note issued on Tuesday. They currently have a $66.00 target price on the stock, down from their previous target price of $67.00. Susquehanna’s price objective would suggest a potential upside of 5.30% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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 equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company. Oil States International presently has a consensus rating of “Buy” and a consensus target price of $81.69.
Shares of Oil States International (NYSE:OIS) traded down 0.78% during mid-day trading on Tuesday, hitting $62.19. 29,293 shares of the company’s stock traded hands. Oil States International has a 1-year low of $50.4057 and a 1-year 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 posted its quarterly earnings results on Friday, August 1st. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the 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 in the previous 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.
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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