Oil States International Inc. (NYSE:OIS)’s share price was down 3.7% during trading on Monday . The stock traded as low as $29.60 and last traded at $29.78, with a volume of 458,557 shares changing hands. The stock had previously closed at $30.92.

Several equities analysts have commented on OIS shares. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Oil States International in a report on Saturday, April 30th. Simmons upped their price target 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 raised Oil States International from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $34.00 to $45.00 in a report on Wednesday, June 22nd. Zacks Investment Research cut Oil States International from a “hold” rating to a “sell” rating in a report on Friday, July 15th. Finally, Scotiabank raised Oil States International from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $34.00 to $45.00 in a report on Wednesday, June 22nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company’s stock. Oil States International has a consensus rating of “Hold” and a consensus price target of $35.39.

The stock has a 50-day moving average of $31.59 and a 200-day moving average of $30.23. The company’s market cap is $1.58 billion.

Oil States International (NYSE:OIS) last announced its quarterly earnings data on Tuesday, July 26th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.27) by $0.05. The firm had revenue of $175.80 million for the quarter, compared to analyst estimates of $174.41 million. The firm’s revenue for the quarter was down 34.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 earnings per share. Equities research analysts anticipate that Oil States International Inc. will post ($0.98) earnings per share for the current fiscal year.

A number of hedge funds and institutional investors have recently made changes to their positions in OIS. Rhumbline Advisers increased 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 valued at $3,335,000 after buying an additional 915 shares in the last quarter. California Public Employees Retirement System increased 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 valued at $4,660,000 after buying an additional 13,000 shares in the last quarter. Finally, New York State Common Retirement Fund increased 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 valued at $11,404,000 after buying an additional 3,737 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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