Alert: Negative Fundamental Signals (5/7/24)-Oil States International Inc (NYSE: OIS)

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Extremely significant negative changes in Oil States International Inc (NYSE: OIS) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, OIS is expected to continue to be Value Creation neutral.

Oil States has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Oil States has a good Appreciation Score of 79 but a very low Power Rating of 1, leading to the Negative Value Trend Rating.

Recent Price Action

Oil States International Inc (NYSE: OIS) stock closed at $4.51 on 5/7/24 after a large increase of 2.5%. However, exceptionally low trading volume at 44% of normal accompanied the advance. The stock has risen 11.4% during the last week but has been extremely weak relative to the market over the last nine months.

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