The Oceaneering International (OII) Given Media Sentiment Rating of 0.15

The Oceaneering International (OII) Given Media Sentiment Rating of 0.15

Here are some of the news stories that may have effected Alpha One Sentiment Analysis’s analysis:

Press coverage about Oceaneering International (NYSE:OII) has been trending somewhat positive on Monday, Alpha One Sentiment reports. The research group, a unit of Accern, scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Oceaneering International earned a media sentiment score of 0.15 on Alpha One’s scale. Alpha One also assigned press coverage about the oil and gas company an impact score of 95 out of 100, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the next few days.

A number of equities analysts recently weighed in on the stock. Jefferies Group LLC set a $25.00 price objective on shares of Oceaneering International and gave the stock a “hold” rating in a report on Wednesday, May 17th. Scotiabank restated a “buy” rating and issued a $37.00 price objective on shares of Oceaneering International in a report on Friday, April 28th. Royal Bank of Canada restated a “sell” rating and issued a $30.00 price objective on shares of Oceaneering International in a report on Friday, April 21st. Zacks Investment Research lowered shares of Oceaneering International from a “hold” rating to a “sell” rating in a report on Thursday, April 13th. Finally, Tudor Pickering assumed coverage on shares of Oceaneering International in a report on Thursday, March 23rd. They issued a “hold” rating for the company. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $29.67. Shares of Oceaneering International (NYSE OII) opened at 24.84 on Monday. The firm’s 50-day moving average is $25.95 and its 200-day moving average is $27.14. The stock’s market capitalization is $2.44 billion. Oceaneering International has a 52 week low of $22.47 and a 52 week high of $35.83.

Oceaneering International (NYSE:OII) last posted its quarterly earnings data on Wednesday, April 26th. The oil and gas company reported ($0.04) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.06. Oceaneering International had a negative net margin of 1.69% and a negative return on equity of 2.01%. The business had revenue of $446.18 million during the quarter, compared to the consensus estimate of $459.57 million. During the same period in the previous year, the firm posted $0.26 earnings per share. The business’s revenue for the quarter was down 26.7% compared to the same quarter last year. Analysts forecast that Oceaneering International will post ($0.11) earnings per share for the current fiscal year. The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, May 24th. This represents a $0.60 annualized dividend and a dividend yield of 2.42%. Oceaneering International’s payout ratio is currently 230.78%.

Oceaneering International Company Profile Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company’s business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “OII”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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