Equities research analysts expect Oil States International, Inc. (NYSE:OIS) to report earnings of ($0.22) per share for the current quarter, Zacks reports. Six analysts have provided estimates for Oil States International’s earnings, with the highest EPS estimate coming in at ($0.17) and the lowest estimate coming in at ($0.26). Oil States International posted earnings per share of ($0.20) during the same quarter last year, which would suggest a negative year-over-year growth rate of 10%. The company is scheduled to issue its next quarterly earnings report on Wednesday, February 21st.

According to Zacks, analysts expect that Oil States International will report full year earnings of ($1.09) per share for the current financial year, with EPS estimates ranging from ($1.13) to ($1.00). For the next year, analysts anticipate that the firm will report earnings of ($0.42) per share, with EPS estimates ranging from ($0.65) to $0.05. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover Oil States International.

Oil States International (NYSE:OIS) last announced its quarterly earnings data on Thursday, October 26th. The oil and gas company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.02). Oil States International had a negative return on equity of 4.62% and a negative net margin of 8.77%. The firm had revenue of $164.00 million during the quarter, compared to analysts’ expectations of $166.94 million. The business’s revenue for the quarter was down 8.4% compared to the same quarter last year.

OIS has been the subject of several research analyst reports. Scotiabank set a $41.00 price objective on Oil States International and gave the stock a “buy” rating in a research note on Thursday, October 19th. Loop Capital set a $31.00 price objective on Oil States International and gave the stock a “buy” rating in a research note on Wednesday, November 1st. BMO Capital Markets reaffirmed a “hold” rating and set a $24.00 target price on shares of Oil States International in a report on Wednesday, September 6th. Zacks Investment Research raised Oil States International from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. Finally, Deutsche Bank began coverage on Oil States International in a report on Tuesday, October 10th. They set a “hold” rating and a $26.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. Oil States International has a consensus rating of “Hold” and an average price target of $30.00.

Several large investors have recently modified their holdings of OIS. LS Investment Advisors LLC lifted its position in Oil States International by 17.5% during the second quarter. LS Investment Advisors LLC now owns 4,106 shares of the oil and gas company’s stock worth $111,000 after buying an additional 612 shares in the last quarter. Riverhead Capital Management LLC lifted its position in Oil States International by 95.8% during the second quarter. Riverhead Capital Management LLC now owns 4,894 shares of the oil and gas company’s stock worth $133,000 after buying an additional 2,394 shares in the last quarter. Quantbot Technologies LP lifted its position in Oil States International by 193.8% during the third quarter. Quantbot Technologies LP now owns 5,326 shares of the oil and gas company’s stock worth $135,000 after buying an additional 3,513 shares in the last quarter. Winch Advisory Services LLC lifted its position in Oil States International by 113.1% during the second quarter. Winch Advisory Services LLC now owns 5,744 shares of the oil and gas company’s stock worth $156,000 after buying an additional 3,049 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in Oil States International by 5.9% during the first quarter. Public Employees Retirement System of Ohio now owns 7,404 shares of the oil and gas company’s stock worth $245,000 after buying an additional 415 shares in the last quarter.

Shares of Oil States International (OIS) traded down $1.30 during trading hours on Wednesday, hitting $23.75. The stock had a trading volume of 355,000 shares, compared to its average volume of 681,580. Oil States International has a 1 year low of $20.23 and a 1 year high of $41.75. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.09 and a quick ratio of 2.60.

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Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

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Earnings History and Estimates for Oil States International (NYSE:OIS)

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