Shares of Oil States International, Inc. (NYSE:OIS) have been assigned an average rating of “Hold” from the fifteen research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $35.00.

Several equities analysts recently weighed in on the company. Zacks Investment Research lowered Oil States International from a “hold” rating to a “sell” rating in a research note on Wednesday. BMO Capital Markets cut their price target on Oil States International from $27.00 to $24.00 and set a “market perform” rating for the company in a research note on Friday, August 4th. BidaskClub lowered Oil States International from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Scotiabank set a $41.00 price target on Oil States International and gave the company a “buy” rating in a research note on Tuesday, August 1st. Finally, Loop Capital cut their price target on Oil States International from $44.00 to $34.00 and set a “buy” rating for the company in a research note on Tuesday, August 1st.

Oil States International (NYSE:OIS) traded up 1.19% during mid-day trading on Friday, hitting $21.25. The company had a trading volume of 1,242,800 shares. The firm’s market capitalization is $1.09 billion. The company has a 50-day moving average price of $25.75 and a 200 day moving average price of $30.51. Oil States International has a 12 month low of $20.90 and a 12 month high of $41.75.

Oil States International (NYSE:OIS) last issued its quarterly earnings data on Monday, July 31st. The oil and gas company reported ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by $0.03. Oil States International had a negative net margin of 7.94% and a negative return on equity of 4.21%. The company had revenue of $171.40 million during the quarter, compared to analyst estimates of $176.08 million. During the same period last year, the firm earned ($0.22) EPS. The business’s quarterly revenue was down 2.5% compared to the same quarter last year. Equities analysts forecast that Oil States International will post ($0.97) EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the company. Meadow Creek Investment Management LLC raised its stake in Oil States International by 3.0% in the first quarter. Meadow Creek Investment Management LLC now owns 3,468 shares of the oil and gas company’s stock valued at $115,000 after buying an additional 102 shares during the period. Advantus Capital Management Inc raised its stake in Oil States International by 3.0% in the first quarter. Advantus Capital Management Inc now owns 6,577 shares of the oil and gas company’s stock valued at $218,000 after buying an additional 192 shares during the period. Oregon Public Employees Retirement Fund raised its stake in Oil States International by 1.1% in the first quarter. Oregon Public Employees Retirement Fund now owns 17,953 shares of the oil and gas company’s stock valued at $595,000 after buying an additional 200 shares during the period. UBS Asset Management Americas Inc. raised its stake in Oil States International by 0.7% in the second quarter. UBS Asset Management Americas Inc. now owns 34,672 shares of the oil and gas company’s stock valued at $941,000 after buying an additional 238 shares during the period. Finally, Meeder Asset Management Inc. raised its stake in Oil States International by 1.6% in the first quarter. Meeder Asset Management Inc. now owns 19,750 shares of the oil and gas company’s stock valued at $655,000 after buying an additional 315 shares during the period.

WARNING: This article was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.dailypolitical.com/2017/08/18/oil-states-international-inc-ois-given-average-rating-of-hold-by-brokerages-2.html.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

Analyst Recommendations for Oil States International (NYSE:OIS)

Receive News & Ratings for Oil States International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oil States International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.