Oil States International, Inc. (NYSE:OIS) has a beta value of 2.61 and has seen 2.4 million shares traded in the last trading session. The company, currently valued at $256.24M, closed the last trade at $3.99 per share which meant it lost -$0.06 on the day or -1.48% during that session. The OIS stock price is -126.07% off its 52-week high price of $9.02 and 0.25% above the 52-week low of $3.98. The 3-month trading volume is 1.64 million shares.
Oil States International, Inc. (NYSE:OIS) trade information
Sporting -1.48% in the red in last session, the stock has traded in the red over the last five days, when the OIS stock price touched $3.99 or saw a rise of 26.79%. Year-to-date, Oil States International, Inc. shares have moved -41.24%, while the 5-day performance has seen it change -27.06%. Over the past 30 days, the shares of Oil States International, Inc. (NYSE:OIS) have changed -35.33%.
Oil States International, Inc. (OIS) estimates and forecasts
Figures show that Oil States International, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -50.06% over the past 6 months, with this year growth rate of 12.50%, compared to 18.60% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 200.00% and 14.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be -2.10%.
4 analysts offering their estimates for the company have set an average revenue estimate of $184.13 million for the current quarter. 4 have an estimated revenue figure of $195.89 million for the next quarter concluding in Sep 2024.
Earnings growth for 2024 is a modest 1.00% while over the next 5 years, the company’s earnings are expected to decrease by -6.99%.
OIS Dividends
Oil States International, Inc. is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
