Oceaneering International (OII) Earns Daily Media Sentiment Rating of 0.12
Media headlines about Oceaneering International (NYSE:OII) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oceaneering International earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.6983445854595 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Oceaneering International, Inc. breached its 50 day moving average in a Bearish Manner : OII-US : August 11, 2017 (finance.yahoo.com)
- Excess Director Pay Claims Are Insurable, 5th Circ. Told (law360.com)
- Oceaneering International, Inc. (NYSE:OII) Expected to Post Earnings of $0.03 Per Share (americanbankingnews.com)
- Technicals at a Glance For Oceaneering International Inc (OII) Shares – Evergreen Caller (evergreencaller.com)
- Investor Update: Company Share Focus for Oceaneering International, Inc. (NYSE:OII) – Jonesboro Recorder (jonesbororecorder.com)
Oceaneering International (NYSE OII) traded down 0.69% during midday trading on Friday, reaching $23.19. 1,457,690 shares of the company’s stock traded hands. The company’s market capitalization is $2.28 billion. Oceaneering International has a 1-year low of $20.74 and a 1-year high of $32.12. The firm’s 50-day moving average is $23.77 and its 200-day moving average is $25.72.
Oceaneering International (NYSE:OII) last announced its earnings results on Wednesday, July 26th. The oil and gas company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.03. The company had revenue of $515.04 million during the quarter, compared to analyst estimates of $481.86 million. Oceaneering International had a negative net margin of 1.41% and a positive return on equity of 1.14%. Oceaneering International’s revenue was down 17.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. Analysts forecast that Oceaneering International will post ($0.04) earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.59%. The ex-dividend date is Wednesday, August 23rd. Oceaneering International’s dividend payout ratio (DPR) is presently -206.90%.
A number of research firms recently commented on OII. Scotiabank set a $37.00 price target on shares of Oceaneering International and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Piper Jaffray Companies set a $26.00 price target on shares of Oceaneering International and gave the stock a “buy” rating in a research note on Sunday, July 30th. Zacks Investment Research raised shares of Oceaneering International from a “sell” rating to a “hold” rating in a research note on Saturday, July 15th. Cowen and Company reaffirmed a “hold” rating and set a $25.00 price target on shares of Oceaneering International in a research note on Tuesday, July 11th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $25.00 price target on shares of Oceaneering International in a research note on Monday, June 19th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $28.50.
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About Oceaneering International
Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company’s business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).
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