Is Oceaneering International Stock a Good Investment?
Oceaneering International Investment Advice | OII |
- Examine Oceaneering International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Oceaneering International's leadership team and their track record. Good management can help Oceaneering International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Oceaneering International's business and its evolving consumer preferences.
- Compare Oceaneering International's performance and market position to its competitors. Analyze how Oceaneering International is positioned in terms of product offerings, innovation, and market share.
- Check if Oceaneering International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Oceaneering International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Oceaneering International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Oceaneering International is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Oceaneering International Stock
Researching Oceaneering International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 92.0% of the company shares are owned by institutional investors. The book value of Oceaneering International was now reported as 7.1. The company last dividend was issued on the 23rd of August 2017. Oceaneering International had 2:1 split on the 13th of June 2011.
To determine if Oceaneering International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Oceaneering International's research are outlined below:
| Oceaneering International generated a negative expected return over the last 90 days | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Eni Boosts Baleine Offshore Production to Support Local Energy Demands |
Oceaneering International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Oceaneering International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Oceaneering International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Oceaneering International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Oceaneering International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-07-26 | 2002-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2002-02-13 | 2001-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2001-10-31 | 2001-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2001-07-31 | 2001-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-05-03 | 2001-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2001-02-14 | 2000-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
1999-08-05 | 1999-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1999-05-19 | 1999-03-31 | 0.05 | 0.06 | 0.01 | 20 |
Oceaneering International Target Price Consensus
Oceaneering target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Oceaneering International's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Buy |
Most Oceaneering analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Oceaneering stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Oceaneering International, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOceaneering International Target Price Projection
Oceaneering International's current and average target prices are 22.18 and 27.80, respectively. The current price of Oceaneering International is the price at which Oceaneering International is currently trading. On the other hand, Oceaneering International's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Oceaneering International Market Quote on 27th of March 2025
Target Price
Analyst Consensus On Oceaneering International Target Price
Oceaneering International Analyst Ratings
Oceaneering International's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Oceaneering International stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Oceaneering International's financials, market performance, and future outlook by experienced professionals. Oceaneering International's historical ratings below, therefore, can serve as a valuable tool for investors.Know Oceaneering International's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Oceaneering International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oceaneering International backward and forwards among themselves. Oceaneering International's institutional investor refers to the entity that pools money to purchase Oceaneering International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-12-31 | 2.1 M | Franklin Resources Inc | 2024-12-31 | 2 M | Congress Asset Management Company, Llp | 2024-12-31 | 1.7 M | Van Eck Associates Corporation | 2024-12-31 | 1.6 M | Fmr Inc | 2024-12-31 | 1.5 M | Royal Bank Of Canada | 2024-12-31 | 1.3 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1.3 M | Northern Trust Corp | 2024-12-31 | 1.2 M | Aristotle Capital Boston, Llc | 2024-12-31 | 1.2 M | Blackrock Inc | 2024-12-31 | 17.1 M | Vanguard Group Inc | 2024-12-31 | 12.5 M |
Oceaneering International's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.23 B.Market Cap |
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Oceaneering International's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.05 | |
| Return On Capital Employed | 0.16 | 0.09 | |
| Return On Assets | 0.06 | 0.04 | |
| Return On Equity | 0.20 | 0.21 |
Determining Oceaneering International's profitability involves analyzing its financial statements and using various financial metrics to determine if Oceaneering International is a good buy. For example, gross profit margin measures Oceaneering International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Oceaneering International's profitability and make more informed investment decisions.
Oceaneering International's Earnings Breakdown by Geography
Evaluate Oceaneering International's management efficiency
Oceaneering International has Return on Asset of 0.0673 % which means that on every $100 spent on assets, it made $0.0673 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2178 %, implying that it generated $0.2178 on every 100 dollars invested. Oceaneering International's management efficiency ratios could be used to measure how well Oceaneering International manages its routine affairs as well as how well it operates its assets and liabilities. The Oceaneering International's current Return On Equity is estimated to increase to 0.21, while Return On Tangible Assets are projected to decrease to 0.05. As of now, Oceaneering International's Net Tangible Assets are decreasing as compared to previous years. The Oceaneering International's current Intangibles To Total Assets is estimated to increase to 0.06, while Total Assets are projected to decrease to under 1.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.12 | 5.13 | |
| Tangible Book Value Per Share | 6.30 | 4.06 | |
| Enterprise Value Over EBITDA | 7.81 | 7.19 | |
| Price Book Value Ratio | 3.66 | 2.04 | |
| Enterprise Value Multiple | 7.81 | 7.19 | |
| Price Fair Value | 3.66 | 2.04 | |
| Enterprise Value | 1.7 B | 2.8 B |
The operational strategies employed by Oceaneering International management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 2.428 |
Basic technical analysis of Oceaneering Stock
As of the 27th of March, Oceaneering International holds the Variance of 5.34, coefficient of variation of (1,750), and Risk Adjusted Performance of (0.04). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oceaneering International, as well as the relationship between them.Oceaneering International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Oceaneering International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Oceaneering International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Oceaneering International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Oceaneering International's Outstanding Corporate Bonds
Oceaneering International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Oceaneering International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Oceaneering bonds can be classified according to their maturity, which is the date when Oceaneering International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| Oceaneering 6 percent Corp BondUS675232AB89 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Oceaneering International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Oceaneering International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.86 | |||
| Coefficient Of Variation | (1,750) | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.34 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 3.02 | |||
| Skewness | (0.60) | |||
| Kurtosis | 0.1349 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.86 | |||
| Coefficient Of Variation | (1,750) | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.34 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 3.02 | |||
| Skewness | (0.60) | |||
| Kurtosis | 0.1349 |
Consider Oceaneering International's intraday indicators
Oceaneering International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Oceaneering International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Oceaneering International Corporate Filings
10K | 4th of March 2025 An amendment to a previously filed Form 10-K | ViewVerify |
F4 | 26th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 24th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 19th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Oceaneering Stock media impact
Far too much social signal, news, headlines, and media speculation about Oceaneering International that are available to investors today. That information is available publicly through Oceaneering media outlets and privately through word of mouth or via Oceaneering internal channels. However, regardless of the origin, that massive amount of Oceaneering data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Oceaneering International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Oceaneering International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Oceaneering International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Oceaneering International alpha.
Oceaneering International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Oceaneering International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Oceaneering International Historical Investor Sentiment
Investor biases related to Oceaneering International's public news can be used to forecast risks associated with an investment in Oceaneering. The trend in average sentiment can be used to explain how an investor holding Oceaneering can time the market purely based on public headlines and social activities around Oceaneering International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Oceaneering International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Oceaneering International and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Oceaneering International news discussions. The higher the estimate score, the more favorable the investor's outlook on Oceaneering International.
Oceaneering International Corporate Directors
| Michael McEvoy | Independent Director | Profile | |
| Jon Reinhardsen | Independent Director | Profile | |
| William Berry | Independent Director | Profile | |
| Deanna Goodwin | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceaneering International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.279 | Earnings Share 1.45 | Revenue Per Share | Quarterly Revenue Growth 0.09 | Return On Assets |
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Oceaneering International's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.