Oil States International (OIS) Earning Somewhat Favorable Press Coverage, Accern Reports

Press coverage about Oil States International (NYSE:OIS) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oil States International earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 46.0947331191074 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

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

Shares of Oil States International (OIS) opened at $28.55 on Friday. The company has a quick ratio of 2.60, a current ratio of 4.09 and a debt-to-equity ratio of 0.02. Oil States International has a 12-month low of $20.23 and a 12-month high of $41.25.

Oil States International (NYSE:OIS) last posted its earnings results on Thursday, October 26th. The oil and gas company reported ($0.27) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.02). The firm had revenue of $164.00 million for the quarter, compared to analysts’ expectations of $166.94 million. Oil States International had a negative return on equity of 4.62% and a negative net margin of 8.77%. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. analysts anticipate that Oil States International will post -1.1 earnings per share for the current year.

A number of brokerages recently weighed in on OIS. J P Morgan Chase & Co dropped their price objective on Oil States International from $31.00 to $26.00 and set an “overweight” rating on the stock in a report on Tuesday, September 12th. BMO Capital Markets dropped their price objective on Oil States International from $24.00 to $22.00 and set a “market perform” rating on the stock in a report on Thursday, November 9th. Loop Capital set a $31.00 price objective on Oil States International and gave the stock a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research raised Oil States International from a “sell” rating to a “hold” rating in a report on Wednesday, September 20th. Finally, Cowen set a $18.00 price objective on Oil States International and gave the stock a “market perform” rating in a report on Monday, October 30th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $30.73.

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About Oil States International

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

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