Shares of Oil States International Inc. (NYSE:OIS) fell 1.7% during mid-day trading on Monday . The stock traded as low as $31.59 and last traded at $31.75, with a volume of 222,067 shares. The stock had previously closed at $32.30.

Several research firms have issued reports on OIS. Zacks Investment Research downgraded Oil States International from a “hold” rating to a “sell” rating in a report on Friday, July 15th. 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. Finally, 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. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. Oil States International has a consensus rating of “Hold” and a consensus price target of $35.72.

The company’s market capitalization is $1.59 billion. The stock has a 50 day moving average price of $32.73 and a 200 day moving average price of $29.95.

Oil States International (NYSE:OIS) last released its quarterly 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. During the same quarter in the prior year, the company posted $0.45 earnings per share. The firm earned $169.66 million during the quarter, compared to the consensus estimate of $191.96 million. Oil States International’s revenue for the quarter was down 49.7% compared to the same quarter last year. Equities analysts forecast that Oil States International Inc. will post ($1.07) EPS for the current fiscal year.

Other large investors have added to or reduced their stakes in the company. New York State Common Retirement Fund raised its stake 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 in the last quarter. California Public Employees Retirement System raised its stake 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 in the last quarter. Rhumbline Advisers raised its stake 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 in the last quarter. Finally, California State Teachers Retirement System raised its stake 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 in 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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