Home Sectors Energy Present Performance: Oceaneering International (NYSE: OII)

Present Performance: Oceaneering International (NYSE: OII)

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Oceaneering International trades as part of the energy sector and trades as part of the oil and gas services industry. The company CEO is Roderick A. Larson. Oceaneering International Inc is an oil and gas enterprise. It provides engineered services and products to the offshore oil and gas industry, with a focus on deepwater applications.

Previous Intraday Trading Performance:

The OII stock showed a previous change of 2.33% with an open at 16.60 and a close of 16.72. It reached an intraday high of 16.88 and a low of 16.49.

PR Newswire:  Oceaneering to Participate at the Wells Fargo Energy Conference

Liquidity:

The stock has a market cap of $1.7b with 98.9m shares outstanding, of which the float is 97.0m shares. Trading volume reached 810,870 shares compared to its average volume of 1,096,334 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Oceaneering International shares returned -1.18% and in the past 30 trading days it returned -6.70%. Over three months, it changed 9.42%. In one year it has changed -28.64% and within that year its 52-week high was 28.62 and its 52-week low was 10.74. OII stock is 55.68% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.90 and a 50 day moving average of 17.38. Currently OII stock is trading -11.54% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Oceaneering to Participate at the Wells Fargo Energy Conference

Earnings:

The last annual fiscal EPS for the company was reported at -2.17 that ended on 31st of December 2018. Based on 8 analyst estimates, the consensus EPS for the next quarter is -0.45. The TTM EPS is -0.71. Historically, the PE high was 113.60 and the PE low was -23.55. OII stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/29/2019): -0.25
4thQtr of 2018 (Reported on 02/13/2019): -0.65
3rdQtr of 2018 (Reported on 10/24/2018): -0.67
2ndQtr of 2018 (Reported on 07/25/2018): -0.34
1stQtr of 2018 (Reported on 04/25/2018): -0.50

Base on our calculations, the intrinsic value per share is 46.99, which means it is possibly undervalued and has a margin of safety of 64.42%.

Indicators to Watch:

Short-interest was 5,120,131, which was 5.18% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.98. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 2.07.

SeekingAlpha:  Daily Insider Ratings Round Up 5/22/19

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -12.46%, return on assets is -6.37%, profit margin is -9.46%, price-to-sales is 0.81 and price-to-book is 1.17.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 0  :Past Performance Score
 2  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.