Oceaneering International Inc. (NYSE: OII) has reported E.P.S. of $0.15 for its first fiscal quarter (ending March 31) versus $0.04 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.08 versus $0.49 for the same period a year ago.
Recent Price Action
Oceaneering International Inc. (NYSE: OII) stock declined slightly by -0.7% on 4/24/24. The stock closed at $23.05. NORMAL trading volume accompanied the decline. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
OII’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Oceaneering International has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oceaneering International has a slightly negative Power Rating of 33 and a poor Appreciation Score of 29, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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