Zacks Research Brokers Increase Earnings Estimates for OII

Oceaneering International, Inc. (NYSE:OII - Free Report) - Analysts at Zacks Research increased their FY2025 earnings estimates for Oceaneering International in a report issued on Tuesday, April 8th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will post earnings of $1.69 per share for the year, up from their previous forecast of $1.67. The consensus estimate for Oceaneering International's current full-year earnings is $1.78 per share. Zacks Research also issued estimates for Oceaneering International's Q1 2026 earnings at $0.40 EPS and Q3 2026 earnings at $0.44 EPS.

A number of other equities analysts have also recently issued reports on the stock. Citigroup cut shares of Oceaneering International from a "buy" rating to a "neutral" rating and set a $30.00 price objective on the stock. in a research report on Friday, January 10th. Pickering Energy Partners upgraded Oceaneering International from an "underperform" rating to a "neutral" rating in a report on Wednesday, April 2nd. StockNews.com lowered shares of Oceaneering International from a "buy" rating to a "hold" rating in a research note on Saturday, March 1st. TD Cowen lifted their price objective on shares of Oceaneering International from $26.00 to $27.00 and gave the company a "hold" rating in a report on Wednesday, January 8th. Finally, Barclays lowered their target price on shares of Oceaneering International from $26.00 to $22.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 5th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $28.25.

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Oceaneering International Stock Down 0.3 %

NYSE OII traded down $0.05 on Friday, hitting $16.94. 605,582 shares of the company were exchanged, compared to its average volume of 855,133. Oceaneering International has a 12 month low of $15.46 and a 12 month high of $30.98. The company has a current ratio of 1.74, a quick ratio of 1.46 and a debt-to-equity ratio of 0.67. The company has a market cap of $1.71 billion, a PE ratio of 11.76 and a beta of 1.94. The stock has a fifty day moving average of $21.25 and a 200-day moving average of $24.61.

Oceaneering International (NYSE:OII - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by ($0.02). The business had revenue of $713.45 million for the quarter, compared to the consensus estimate of $681.60 million. Oceaneering International had a return on equity of 17.29% and a net margin of 5.54%.

Hedge Funds Weigh In On Oceaneering International

Hedge funds have recently modified their holdings of the company. Inspire Advisors LLC boosted its holdings in shares of Oceaneering International by 4.9% in the 4th quarter. Inspire Advisors LLC now owns 8,848 shares of the oil and gas company's stock worth $231,000 after buying an additional 411 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Oceaneering International by 0.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 71,032 shares of the oil and gas company's stock valued at $1,853,000 after purchasing an additional 446 shares during the period. LPL Financial LLC raised its stake in shares of Oceaneering International by 0.8% in the fourth quarter. LPL Financial LLC now owns 56,253 shares of the oil and gas company's stock valued at $1,467,000 after buying an additional 451 shares during the period. Captrust Financial Advisors lifted its position in shares of Oceaneering International by 3.9% during the 3rd quarter. Captrust Financial Advisors now owns 15,271 shares of the oil and gas company's stock valued at $380,000 after buying an additional 578 shares during the last quarter. Finally, Summit Investment Advisors Inc. raised its stake in Oceaneering International by 5.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 10,575 shares of the oil and gas company's stock valued at $276,000 after acquiring an additional 584 shares during the period. Institutional investors own 93.93% of the company's stock.

About Oceaneering International

Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.