Barclays Capital Reaffirms Overweight Rating on Oil States International (OIS)
OIS has been the subject of a number of other recent research reports. Analysts at Raymond James (NYSE: RJF) downgraded shares of Oil States International from a “strong-buy” rating to a “market perform” rating in a research note to investors on Monday, April 16th. Separately, analysts at RBC Capital (NYSE: RY) raised their price target on shares of Oil States International from $92.00 to $95.00 in a research note to investors on Tuesday, February 21st. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group (NYSE: JEF) reiterated a “buy” rating on shares of Oil States International in a research note to investors on Tuesday, February 21st.
Oil States International traded up 2.31% on Monday, hitting $81.42. Oil States International has a 52-week low of $44.77 and a 52-week high of $87.65. The company has a market cap of $4.204 billion and a price-to-earnings ratio of 11.11.
The company last announced its quarterly results on Thursday, April 26th. It reported $2.20 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.79 EPS by $0.41. The company’s quarterly revenue was up 44.5% on a year-over-year basis. Analysts expect that Oil States International will post $1.93 EPS next quarter.
Oil States International, Inc. (Oil States), through its subsidiaries, is a provider of specialty products and services to oil and gas drilling and production companies throughout the world.