Oil States International Inc. (NYSE:OIS) fell 4.4% during trading on Monday . The stock traded as low as $29.22 and last traded at $29.27, with a volume of 240,222 shares changing hands. The stock had previously closed at $30.63.

Several brokerages have commented on OIS. Deutsche Bank AG upped their target price on shares of Oil States International from $28.00 to $31.00 and gave the company a “hold” rating in a research note on Monday, May 2nd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Oil States International in a research note on Saturday, April 30th. Scotiabank raised shares of 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 research note on Wednesday, June 22nd. Simmons upped their target price on shares of Oil States International from $32.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, June 22nd. Finally, Howard Weil raised shares of 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 research note on Wednesday, June 22nd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $35.72.

The stock’s market cap is $1.48 billion. The stock has a 50 day moving average of $32.60 and a 200-day moving average of $29.98.

Oil States International (NYSE:OIS) last issued its quarterly earnings results on Wednesday, April 27th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.05. During the same period in the previous year, the firm earned $0.45 EPS. The firm earned $169.66 million during the quarter, compared to analysts’ expectations of $191.96 million. Oil States International’s quarterly revenue was down 49.7% on a year-over-year basis. On average, equities research analysts anticipate that Oil States International Inc. will post ($1.08) EPS for the current fiscal year.

Several large investors have added to or reduced their stakes in OIS. California State Teachers Retirement System boosted 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 valued at $2,604,000 after buying an additional 1,439 shares during the period. Rhumbline Advisers boosted 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 valued at $3,335,000 after buying an additional 915 shares during the period. California Public Employees Retirement System boosted 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 valued at $4,660,000 after buying an additional 13,000 shares during the period. Finally, New York State Common Retirement Fund boosted 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 valued at $11,404,000 after buying an additional 3,737 shares during the period.

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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