Is Oceaneering International Stock a Good Investment?
Oceaneering International Investment Advice | OII |
- Examine Oceaneering International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Oceaneering International's leadership team and their track record. Good management can help Oceaneering International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Oceaneering International's business and its evolving consumer preferences.
- Compare Oceaneering International's performance and market position to its competitors. Analyze how Oceaneering International is positioned in terms of product offerings, innovation, and market share.
- Check if Oceaneering International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Oceaneering International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Oceaneering International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Oceaneering International is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Oceaneering International Stock
Researching Oceaneering International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of Oceaneering International was now reported as 6.91. The company last dividend was issued on the 23rd of August 2017. Oceaneering International had 2:1 split on the 13th of June 2011.
To determine if Oceaneering International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Oceaneering International's research are outlined below:
| Oceaneering International had very high historical volatility over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Oceaneering International Inc Shares Up 3.02 percent on Nov 22 |
Oceaneering International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Oceaneering International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Oceaneering International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Oceaneering International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Oceaneering International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-07-26 | 2002-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2002-02-13 | 2001-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2001-10-31 | 2001-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2001-07-31 | 2001-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-05-03 | 2001-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2001-02-14 | 2000-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
1999-08-05 | 1999-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1999-05-19 | 1999-03-31 | 0.05 | 0.06 | 0.01 | 20 |
Know Oceaneering International's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Oceaneering International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oceaneering International backward and forwards among themselves. Oceaneering International's institutional investor refers to the entity that pools money to purchase Oceaneering International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 2 M | Franklin Resources Inc | 2024-09-30 | 1.9 M | Van Eck Associates Corporation | 2024-06-30 | 1.6 M | New York State Common Retirement Fund | 2024-09-30 | 1.6 M | Loomis, Sayles & Company Lp | 2024-06-30 | 1.6 M | Congress Asset Management Company, Llp | 2024-09-30 | 1.6 M | Aristotle Capital Boston, Llc | 2024-06-30 | 1.5 M | Royal Bank Of Canada | 2024-06-30 | 1.4 M | Blackrock Inc | 2024-06-30 | 15.8 M | Vanguard Group Inc | 2024-09-30 | 12.4 M |
Oceaneering International's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.03 B.Market Cap |
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Oceaneering International's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.12 | 0.11 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.16 | 0.10 |
Determining Oceaneering International's profitability involves analyzing its financial statements and using various financial metrics to determine if Oceaneering International is a good buy. For example, gross profit margin measures Oceaneering International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Oceaneering International's profitability and make more informed investment decisions.
Oceaneering International's Earnings Breakdown by Geography
Evaluate Oceaneering International's management efficiency
Oceaneering International has Return on Asset of 0.0578 % which means that on every $100 spent on assets, it made $0.0578 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2129 %, implying that it generated $0.2129 on every 100 dollars invested. Oceaneering International's management efficiency ratios could be used to measure how well Oceaneering International manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.04. The current Return On Capital Employed is estimated to decrease to 0.11. As of now, Oceaneering International's Net Tangible Assets are decreasing as compared to previous years. The Oceaneering International's current Fixed Asset Turnover is estimated to increase to 3.29, while Total Assets are projected to decrease to under 1.4 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.30 | 5.12 | |
| Tangible Book Value Per Share | 5.75 | 4.03 | |
| Enterprise Value Over EBITDA | 8.36 | 7.16 | |
| Price Book Value Ratio | 3.41 | 2.02 | |
| Enterprise Value Multiple | 8.36 | 7.16 | |
| Price Fair Value | 3.41 | 2.02 | |
| Enterprise Value | 1.7 B | 3 B |
The operational strategies employed by Oceaneering International management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 2.356 |
Basic technical analysis of Oceaneering Stock
As of the 25th of November, Oceaneering International holds the Semi Deviation of 2.43, coefficient of variation of 1084.17, and Risk Adjusted Performance of 0.0782. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oceaneering International, as well as the relationship between them.Oceaneering International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Oceaneering International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Oceaneering International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Oceaneering International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Oceaneering International's Outstanding Corporate Bonds
Oceaneering International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Oceaneering International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Oceaneering bonds can be classified according to their maturity, which is the date when Oceaneering International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Oceaneering 6 percent Corp BondUS675232AB89 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Oceaneering International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Oceaneering International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0782 | |||
| Market Risk Adjusted Performance | 0.131 | |||
| Mean Deviation | 2.18 | |||
| Semi Deviation | 2.43 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 1084.17 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.12 | |||
| Information Ratio | 0.0489 | |||
| Jensen Alpha | 5.0E-4 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0548 | |||
| Treynor Ratio | 0.121 | |||
| Maximum Drawdown | 15.31 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 4.35 | |||
| Downside Variance | 7.28 | |||
| Semi Variance | 5.93 | |||
| Expected Short fall | (2.31) | |||
| Skewness | 0.8938 | |||
| Kurtosis | 3.53 |
| Risk Adjusted Performance | 0.0782 | |||
| Market Risk Adjusted Performance | 0.131 | |||
| Mean Deviation | 2.18 | |||
| Semi Deviation | 2.43 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 1084.17 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.12 | |||
| Information Ratio | 0.0489 | |||
| Jensen Alpha | 5.0E-4 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0548 | |||
| Treynor Ratio | 0.121 | |||
| Maximum Drawdown | 15.31 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 4.35 | |||
| Downside Variance | 7.28 | |||
| Semi Variance | 5.93 | |||
| Expected Short fall | (2.31) | |||
| Skewness | 0.8938 | |||
| Kurtosis | 3.53 |
Consider Oceaneering International's intraday indicators
Oceaneering International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Oceaneering International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Oceaneering International Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 25th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 25th of June 2024 Other Reports | ViewVerify |
Oceaneering Stock media impact
Far too much social signal, news, headlines, and media speculation about Oceaneering International that are available to investors today. That information is available publicly through Oceaneering media outlets and privately through word of mouth or via Oceaneering internal channels. However, regardless of the origin, that massive amount of Oceaneering data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Oceaneering International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Oceaneering International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Oceaneering International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Oceaneering International alpha.
Oceaneering International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Oceaneering International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Oceaneering International Corporate Directors
| Michael McEvoy | Independent Director | Profile | |
| Jon Reinhardsen | Independent Director | Profile | |
| William Berry | Independent Director | Profile | |
| Deanna Goodwin | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceaneering International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.379 | Earnings Share 1.32 | Revenue Per Share 25.723 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0578 |
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Oceaneering International's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.