A number of firms have modified their ratings and price targets on shares of Oceaneering International (NYSE: OII) recently:

  • 8/4/2017 – Oceaneering International was given a new $28.00 price target on by analysts at Cowen and Company. They now have a “hold” rating on the stock.
  • 7/30/2017 – Oceaneering International was given a new $26.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 7/28/2017 – Oceaneering International was given a new $37.00 price target on by analysts at Scotiabank. They now have a “buy” rating on the stock.
  • 7/20/2017 – Oceaneering International had its “neutral” rating reaffirmed by analysts at Seaport Global Securities.
  • 7/20/2017 – Oceaneering International had its “sell” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $25.00 price target on the stock.
  • 7/19/2017 – Oceaneering International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/15/2017 – Oceaneering International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “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 world’s largest underwater services contractors. “
  • 7/11/2017 – Oceaneering International had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $25.00 price target on the stock.
  • 7/6/2017 – Oceaneering International was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 7/5/2017 – Oceaneering International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “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 world’s largest underwater services contractors. “
  • 6/24/2017 – Oceaneering International was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 6/21/2017 – Oceaneering International was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating. They now have a $28.00 price target on the stock, down previously from $33.00.
  • 6/21/2017 – Oceaneering International was downgraded by analysts at Seaport Global Securities from a “neutral” rating to a “sell” rating. They now have a $19.00 price target on the stock, down previously from $24.00.
  • 6/19/2017 – Oceaneering International had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $25.00 price target on the stock.
  • 6/13/2017 – Oceaneering International was given a new $37.00 price target on by analysts at Scotiabank. They now have a “buy” rating on the stock.

Oceaneering International, Inc. (OII) opened at 26.04 on Monday. The firm’s market cap is $2.57 billion. Oceaneering International, Inc. has a 1-year low of $20.74 and a 1-year high of $32.12. The stock has a 50 day moving average price of $23.62 and a 200 day moving average price of $25.85.

Oceaneering International (NYSE:OII) last released its earnings results on Wednesday, July 26th. The oil and gas company reported $0.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.03. The company had revenue of $515.04 million during the quarter, compared to the consensus estimate of $481.86 million. Oceaneering International had a positive return on equity of 1.14% and a negative net margin of 1.41%. Oceaneering International’s quarterly revenue was down 17.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. On average, analysts anticipate that Oceaneering International, Inc. will post ($0.03) EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a $0.15 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 2.30%. Oceaneering International’s payout ratio is -206.90%.

Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company’s business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).

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