Oceaneering International (OII) Set to Announce Quarterly Earnings on Thursday

Oceaneering International (NYSE:OII) will be announcing its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

Shares of Oceaneering International (NYSE:OII) opened at $18.25 on Thursday. Oceaneering International has a 1 year low of $17.11 and a 1 year high of $29.53. The stock has a market capitalization of $1,803.42, a P/E ratio of -96.05 and a beta of 1.44. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.67 and a quick ratio of 2.14.

A number of equities research analysts recently issued reports on OII shares. Royal Bank of Canada set a $22.00 target price on Oceaneering International and gave the company a “buy” rating in a research report on Thursday, December 21st. Citigroup dropped their target price on Oceaneering International from $25.00 to $20.00 and set a “neutral” rating on the stock in a research report on Monday, October 30th. Capital One Financial lowered Oceaneering International from an “overweight” rating to an “equal weight” rating in a research report on Thursday, November 16th. JPMorgan Chase & Co. dropped their target price on Oceaneering International from $21.00 to $17.00 and set an “underweight” rating on the stock in a research report on Monday, October 30th. Finally, Zacks Investment Research lowered Oceaneering International from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. Eight investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company’s stock. Oceaneering International has a consensus rating of “Hold” and a consensus price target of $23.46.

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Oceaneering International Company Profile

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).

Earnings History for Oceaneering International (NYSE:OII)

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