Extremely important negative changes in fundamentals have recently occurred for Oil States International Inc (NYSE: OIS): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, OIS is expected to continue to be Value Creation neutral.
Oil States has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Oil States has a good Appreciation Score of 71 but a very low Power Rating of 5, producing the Negative Value Trend Rating.
Recent Price Action
Oil States International Inc (NYSE: OIS) stock increased 1.9% on 8/29/24. The shares closed at $5.31. However, unusually low trading volume at 57% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 3.1% during the last week.
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