Oil States International (NYSE:OIS) Upgraded at StockNews.com

Posted by Donna Armstrong on Feb 3rd, 2025

Oil States International (NYSE:OIS – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Monday.

Several other analysts also recently issued reports on the stock. Susquehanna lowered their price objective on shares of Oil States International from $5.50 to $5.00 and set a “neutral” rating for the company in a research report on Friday, October 11th. Stifel Nicolaus decreased their price target on shares of Oil States International from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, October 11th.

Get Our Latest Analysis on Oil States International

Oil States International Trading Down 2.1 %

OIS stock traded down $0.11 during midday trading on Monday, reaching $4.98. 441,138 shares of the company’s stock traded hands, compared to its average volume of 437,916. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.40 and a quick ratio of 1.83. Oil States International has a fifty-two week low of $3.91 and a fifty-two week high of $6.53. The business has a 50-day moving average price of $5.25 and a two-hundred day moving average price of $5.03. The company has a market capitalization of $313.97 million, a P/E ratio of -15.08 and a beta of 2.61.

Hedge Funds Weigh In On Oil States International

An institutional investor recently raised its position in Oil States International stock. SG Americas Securities LLC increased its holdings in Oil States International, Inc. (NYSE:OIS – Free Report) by 83.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 22,229 shares of the oil and gas company’s stock after buying an additional 10,087 shares during the period. SG Americas Securities LLC’s holdings in Oil States International were worth $102,000 as of its most recent filing with the SEC. 97.44% of the stock is owned by institutional investors and hedge funds.

About Oil States International

(Get Free Report)

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.