Zacks Research Has Optimistic Outlook of OII Q1 Earnings

Oceaneering International, Inc. (NYSE:OII - Free Report) - Stock analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of Oceaneering International in a note issued to investors on Wednesday, March 12th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will post earnings per share of $0.43 for the quarter, up from their previous forecast of $0.32. 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 FY2026 earnings at $1.58 EPS and FY2027 earnings at $1.60 EPS.

OII has been the topic of several other reports. Citigroup downgraded 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. TD Cowen raised their price objective on shares of Oceaneering International from $26.00 to $27.00 and gave the stock a "hold" rating in a research report on Wednesday, January 8th. 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. Pickering Energy Partners downgraded shares of Oceaneering International from a "hold" rating to a "strong sell" rating in a report on Tuesday, January 14th. Finally, StockNews.com downgraded shares of Oceaneering International from a "buy" rating to a "hold" rating in a report on Saturday, March 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $28.25.

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Oceaneering International Stock Performance

Oceaneering International stock traded up $0.40 during midday trading on Friday, hitting $21.01. 1,066,665 shares of the company's stock were exchanged, compared to its average volume of 809,193. Oceaneering International has a 12-month low of $18.87 and a 12-month high of $30.98. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.46 and a current ratio of 1.74. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 14.59 and a beta of 2.42. The firm's 50 day simple moving average is $24.07 and its 200 day simple moving average is $25.38.

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

Institutional Trading of Oceaneering International

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Inspire Advisors LLC lifted its stake in shares of Oceaneering International by 4.9% in the fourth quarter. Inspire Advisors LLC now owns 8,848 shares of the oil and gas company's stock valued at $231,000 after purchasing an additional 411 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of Oceaneering International by 0.6% in 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 lifted 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 purchasing an additional 451 shares during the period. Captrust Financial Advisors lifted its stake in shares of Oceaneering International by 3.9% in the third quarter. Captrust Financial Advisors now owns 15,271 shares of the oil and gas company's stock valued at $380,000 after purchasing an additional 578 shares during the period. Finally, Summit Investment Advisors Inc. lifted its stake in shares of Oceaneering International by 5.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 10,575 shares of the oil and gas company's stock valued at $276,000 after purchasing an additional 584 shares during the period. Institutional investors and hedge funds own 93.93% of the company's stock.

Oceaneering International Company Profile

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.