Oceaneering International. which can be found using ticker (OII) have now 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 25 and 17 with the average target price sitting at $22.00. Given that the stocks previous close was at $17.85 this now indicates there is a potential upside of 23.2%. There is a 50 day moving average of $18.92 and the 200 day moving average is $14.23. The market capitalization for the company is $1,771m. Visit the company website at: https://www.oceaneering.com
The potential market cap would be $2,182m based on the market consensus.
Oceaneering International. provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company’s Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based servicesluding subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systemsluding production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots technology and entertainment systems to various industries. The company’s Offshore Projects Group segment offers subsea installation and interventionluding riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company’s Aerospace and Defense Technologies segment offers government services and productsluding engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International. was founded in 1964 and is headquartered in Houston, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 67.58, revenue per share of 20.62 and a 3.47% return on assets.
