Oil States International Inc. (NYSE:OIS)’s share price shot up 2.6% during trading on Thursday . The company traded as high as $32.81 and last traded at $32.40, with a volume of 363,244 shares trading hands. The stock had previously closed at $31.59.

A number of brokerages recently commented on OIS. Evercore ISI upgraded Oil States International from a “hold” rating to a “buy” rating and upped their target price for the company from $25.00 to $37.00 in a report on Wednesday, June 29th. Scotiabank upgraded Oil States International from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $34.00 to $45.00 in a report on Wednesday, June 22nd. Simmons upped their target price on Oil States International from $32.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, June 22nd. Howard Weil upgraded Oil States International from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $34.00 to $45.00 in a report on Wednesday, June 22nd. Finally, Credit Suisse Group AG restated a “hold” rating and set a $33.00 target price on shares of Oil States International in a report on Thursday, June 2nd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $35.72.

The company’s market cap is $1.65 billion. The company has a 50 day moving average price of $32.85 and a 200-day moving average price of $29.82.

Oil States International (NYSE:OIS) last announced its earnings results on Wednesday, April 27th. The company reported ($0.24) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by $0.05. The firm earned $169.66 million during the quarter, compared to analysts’ expectations of $191.96 million. The business’s revenue for the quarter was down 49.7% on a year-over-year basis. During the same period last year, the business posted $0.45 EPS. Equities analysts anticipate that Oil States International Inc. will post ($1.07) EPS for the current year.

A number of institutional investors have bought and sold shares of the stock. New York State Common Retirement Fund boosted its position in Oil States International by 0.9% in the fourth quarter. New York State Common Retirement Fund now owns 418,498 shares of the company’s stock worth $11,404,000 after buying an additional 3,737 shares during the last quarter. California Public Employees Retirement System boosted its position in Oil States International by 8.2% in the fourth quarter. California Public Employees Retirement System now owns 171,000 shares of the company’s stock worth $4,660,000 after buying an additional 13,000 shares during the last quarter. Rhumbline Advisers boosted its position in Oil States International by 0.8% in the fourth quarter. Rhumbline Advisers now owns 122,381 shares of the company’s stock worth $3,335,000 after buying an additional 915 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in Oil States International by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 95,565 shares of the company’s stock worth $2,604,000 after buying an additional 1,439 shares during the last quarter.

Oil States International, Inc, through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company’s segments include offshore products and well site services. It designs and manufactures a number of products for the offshore energy industry through Offshore Products segments.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.