$-0.03 EPS Expected for Oceaneering International (OII)

June 20, 2017 - By Stephen Andrade

 $ 0.03 EPS Expected for Oceaneering International (OII)
Investors sentiment increased to 1.03 in Q4 2016. Its up 0.13, from 0.9 in 2016Q3. It improved, as 38 investors sold Oceaneering International shares while 98 reduced holdings. 51 funds opened positions while 89 raised stakes. 94.92 million shares or 1.22% less from 96.09 million shares in 2016Q3 were reported.
First Quadrant Limited Partnership Ca holds 954,739 shares or 0.55% of its portfolio. Fmr Ltd Liability Corporation accumulated 14.71M shares or 0.06% of the stock. Arosa Mngmt Lp has invested 1.12% in Oceaneering International (NYSE:OII). Jpmorgan Chase And has invested 0% in Oceaneering International (NYSE:OII). Creative Planning holds 0% of its portfolio in Oceaneering International (NYSE:OII) for 2,092 shares. Parametric Llc reported 706,187 shares. Meeder Asset Management holds 0.09% or 33,056 shares. The California-based Schwab Charles Inv has invested 0.02% in Oceaneering International (NYSE:OII). Monroe Savings Bank And Tru Mi stated it has 0.24% in Oceaneering International (NYSE:OII). Kanaly Co reported 0% of its portfolio in Oceaneering International (NYSE:OII). Sei Invests owns 0.01% invested in Oceaneering International (NYSE:OII) for 60,491 shares. Rhumbline Advisers holds 0.02% or 335,738 shares in its portfolio. Tcw Gru has 14,857 shares. Susquehanna Llp holds 124,030 shares. Moreover, Ubs Asset Mngmt Americas has 0% invested in Oceaneering International (NYSE:OII).

Since March 27, 2017, it had 1 buy, and 1 insider sale for $73,954 activity. MURPHY PAUL B JR sold $98,717 worth of Oceaneering International (NYSE:OII) on Monday, March 27. $24,763 worth of Oceaneering International (NYSE:OII) shares were bought by BARRETT STEPHEN P.

Wall Street await Oceaneering International (NYSE:OII) to release earnings on July, 20. Analysts forecast earnings per share of $-0.03, down exactly $0.30 or 111.11 % from 2014’s $0.27 EPS. After posting $-0.04 EPS for the previous quarter, Oceaneering International’s analysts now forecast -25.00 % EPS growth. About 340,550 shares traded. Oceaneering International (NYSE:OII) has declined 15.63% since June 20, 2016 and is downtrending. It has underperformed by 32.33% the S&P500.

Oceaneering International (NYSE:OII) Ratings Coverage

Among 22 analysts covering Oceaneering International (NYSE:OII), 6 have Buy rating, 2 Sell and 14 Hold. Therefore 27% are positive. Oceaneering International has $69 highest and $23 lowest target. $39.90’s average target is 67.44% above currents $23.83 stock price. Oceaneering International had 36 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital on Thursday, March 23 with “Buy”. Cowen & Co maintained Oceaneering International (NYSE:OII) on Friday, February 12 with “Market Perform” rating. The rating was upgraded by Wolfe Research to “Peer Perform” on Thursday, December 8. On Tuesday, July 28 the stock rating was upgraded by Global Hunter Securities to “Buy”. Citigroup initiated the stock with “Neutral” rating in Tuesday, September 27 report. The stock of Oceaneering International (NYSE:OII) earned “Sector Perform” rating by RBC Capital Markets on Friday, May 20. The company was downgraded on Friday, October 30 by Cowen & Co. Guggenheim upgraded the stock to “Buy” rating in Monday, November 30 report. Howard Weil downgraded the shares of OII in report on Monday, December 14 to “Sector Perform” rating. The stock of Oceaneering International (NYSE:OII) has “Hold” rating given on Wednesday, January 18 by SunTrust.

Oceaneering International, Inc. is an oilfield well-known provider of engineered services and products, primarily to the offshore gas and oil industry, with a focus on deepwater applications. The company has market cap of $2.35 billion. The Company’s business divisions are contained within two businesses: services and products provided to the gas and oil industry and all other services and products (Advanced Technologies). It currently has negative earnings. The Company’s four business divisions within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity.

More news for Oceaneering International (NYSE:OII) were recently published by: Nasdaq.com, which released: “Oceaneering International, Inc. (OII) Ex-Dividend Date Scheduled for May 24, 2017” on May 23, 2017. Prnewswire.com‘s article titled: “Oceaneering Announces 10-Year ROV Vessel Services Contract” and published on May 25, 2017 is yet another important article.

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