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

Several equities analysts have recently commented on OIS shares. Scotiabank raised shares of Oil States International from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $34.00 to $45.00 in a report on Wednesday, June 22nd. Simmons boosted their target price on shares of Oil States International from $32.00 to $38.00 and gave the stock an “outperform” rating in a report on Wednesday, June 22nd. Evercore ISI raised shares of Oil States International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $25.00 to $37.00 in a report on Wednesday, June 29th. Scotia Howard Weill downgraded shares of Oil States International from an “outperform” rating to a “sector perform” rating in a report on Monday, March 28th. Finally, Howard Weil raised shares of Oil States International from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $34.00 to $45.00 in a report on Wednesday, June 22nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $35.72.

The company has a 50-day moving average price of $32.82 and a 200-day moving average price of $29.87. The company’s market cap is $1.66 billion.

Oil States International (NYSE:OIS) last announced its quarterly earnings data on Wednesday, April 27th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by $0.05. The business earned $169.66 million during the quarter, compared to the consensus estimate of $191.96 million. During the same quarter in the prior year, the firm earned $0.45 EPS. The business’s quarterly revenue was down 49.7% compared to the same quarter last year. On average, equities analysts predict that Oil States International Inc. will post ($1.07) EPS for the current year.

A number of hedge funds and institutional investors have recently made changes to their positions in OIS. California Public Employees Retirement System raised its position in shares of 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. New York State Common Retirement Fund raised its position in shares of 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 State Teachers Retirement System raised its position in shares of 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. Finally, Rhumbline Advisers raised its position in shares of 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.

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.

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