News stories about Oil States International (NYSE:OIS) have trended somewhat positive on Saturday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oil States International earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 46.7067101332655 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of Oil States International (NYSE OIS) opened at $24.90 on Friday. Oil States International has a fifty-two week low of $20.23 and a fifty-two week high of $41.75. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.09 and a quick ratio of 2.60.
Oil States International (NYSE:OIS) last released its earnings results on Thursday, October 26th. The oil and gas company reported ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by ($0.02). The firm had revenue of $164.00 million during the quarter, compared to analysts’ expectations of $166.94 million. Oil States International had a negative return on equity of 4.62% and a negative net margin of 8.77%. Oil States International’s revenue for the quarter was down 8.4% on a year-over-year basis. equities research analysts forecast that Oil States International will post -1.08 EPS for the current fiscal year.
Several equities analysts have recently weighed in on OIS shares. Royal Bank Of Canada set a $28.00 price objective on shares of Oil States International and gave the stock a “hold” rating in a research note on Friday, October 20th. Deutsche Bank started coverage on shares of Oil States International in a research note on Tuesday, October 10th. They issued a “hold” rating and a $26.00 price objective on the stock. Scotiabank set a $41.00 price objective on shares of Oil States International and gave the stock a “buy” rating in a research note on Thursday, October 19th. BMO Capital Markets reiterated a “hold” rating and issued a $24.00 price objective on shares of Oil States International in a research note on Wednesday, September 6th. Finally, Cowen set a $24.00 price objective on shares of Oil States International and gave the stock a “hold” rating in a research note on Friday, October 6th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $30.00.
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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.
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