Is Oil States Stock a Good Investment?
Oil States Investment Advice | OIS |
- Examine Oil States' 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 Oil States' leadership team and their track record. Good management can help Oil States 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 Oil States' business and its evolving consumer preferences.
- Compare Oil States' performance and market position to its competitors. Analyze how Oil States is positioned in terms of product offerings, innovation, and market share.
- Check if Oil States pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Oil States' 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 Oil States 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 Oil States International is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Oil States Stock
Researching Oil States' 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 80.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Oil States International recorded a loss per share of 0.33. The entity last dividend was issued on the 29th of October 2010. The firm had 175:100 split on the 2nd of June 2014.
To determine if Oil States 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 Oil States' research are outlined below:
| Oil States had very high historical volatility over the last 90 days | |
| Oil States has a strong financial position based on the latest SEC filings | |
| Over 80.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Oil States International Shares Cross Above Two Hundred Day Moving Average - Heres What Happened - MarketBeat |
Oil States Quarterly Long Term Debt |
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Oil States 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 Oil States 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 Oil States' 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.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th 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 Oil States' 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 Oil States' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-02-16 | 2022-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2024-10-30 | 2024-09-30 | 0.06 | 0.04 | -0.02 | 33 | ||
2024-04-26 | 2024-03-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2022-10-27 | 2022-09-30 | 0.01 | 0.03 | 0.02 | 200 | ||
2022-07-27 | 2022-06-30 | -0.06 | -0.08 | -0.02 | 33 | ||
2021-07-28 | 2021-06-30 | -0.17 | -0.19 | -0.02 | 11 | ||
2019-10-24 | 2019-09-30 | -0.1 | -0.08 | 0.02 | 20 | ||
2019-07-29 | 2019-06-30 | -0.12 | -0.14 | -0.02 | 16 |
Know Oil States' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Oil States is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oil States International backward and forwards among themselves. Oil States' institutional investor refers to the entity that pools money to purchase Oil States' 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 | Qube Research & Technologies | 2024-06-30 | 901.7 K | Two Sigma Advisers, Llc | 2024-06-30 | 894.8 K | Kennedy Capital Management Inc | 2024-06-30 | 884.3 K | Jpmorgan Chase & Co | 2024-06-30 | 873.9 K | Citadel Advisors Llc | 2024-06-30 | 850.4 K | Millennium Management Llc | 2024-06-30 | 789.8 K | Jane Street Group Llc | 2024-06-30 | 697.6 K | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 644.1 K | American Century Companies Inc | 2024-09-30 | 643.9 K | Blackrock Inc | 2024-06-30 | 7.2 M | Vanguard Group Inc | 2024-09-30 | 3.6 M |
Oil States' market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 338.27 M.Market Cap |
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Oil States' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Assets | 0.01 | 0.02 | |
| Return On Equity | 0.02 | 0.02 |
Determining Oil States' profitability involves analyzing its financial statements and using various financial metrics to determine if Oil States is a good buy. For example, gross profit margin measures Oil States' 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 Oil States' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Oil States' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Oil States International. Check Oil States' Beneish M Score to see the likelihood of Oil States' management manipulating its earnings.
Evaluate Oil States' management efficiency
Oil States International has Return on Asset of 0.0127 % which means that on every $100 spent on assets, it made $0.0127 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0296) %, meaning that it generated no profit with money invested by stockholders. Oil States' management efficiency ratios could be used to measure how well Oil States manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Oil States' Return On Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.02 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Oil States' Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.95 in 2024, whereas Other Current Assets are likely to drop slightly above 22.7 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.32 | 15.49 | |
| Tangible Book Value Per Share | 7.60 | 10.14 | |
| Enterprise Value Over EBITDA | 6.27 | 7.58 | |
| Price Book Value Ratio | 0.60 | 0.57 | |
| Enterprise Value Multiple | 6.27 | 7.58 | |
| Price Fair Value | 0.60 | 0.57 | |
| Enterprise Value | 1 B | 551 M |
The operational strategies employed by Oil States management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 2.642 |
Basic technical analysis of Oil Stock
As of the 22nd of November, Oil States holds the Semi Deviation of 2.68, risk adjusted performance of 0.0429, and Coefficient Of Variation of 2136.44. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oil States, as well as the relationship between them. Please check Oil States International coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Oil States International is priced some-what accurately, providing market reflects its current price of 5.44 per share. Given that Oil States has jensen alpha of 0.0062, we recommend you to check out Oil States International's recent market performance to make sure the company can sustain itself at a future point.Oil States' 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 Oil States insiders, such as employees or executives, is commonly permitted as long as it does not rely on Oil States' 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 Oil States 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.
Oil States' Outstanding Corporate Bonds
Oil States 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. Oil States 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 Oil bonds can be classified according to their maturity, which is the date when Oil States 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Oil States' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Oil States' 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 | 0.0429 | |||
| Market Risk Adjusted Performance | 0.0994 | |||
| Mean Deviation | 2.4 | |||
| Semi Deviation | 2.68 | |||
| Downside Deviation | 2.83 | |||
| Coefficient Of Variation | 2136.44 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.99 | |||
| Information Ratio | 0.0166 | |||
| Jensen Alpha | 0.0062 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0186 | |||
| Treynor Ratio | 0.0894 | |||
| Maximum Drawdown | 15.23 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 5.26 | |||
| Downside Variance | 8.0 | |||
| Semi Variance | 7.16 | |||
| Expected Short fall | (2.79) | |||
| Skewness | 0.6094 | |||
| Kurtosis | 1.48 |
| Risk Adjusted Performance | 0.0429 | |||
| Market Risk Adjusted Performance | 0.0994 | |||
| Mean Deviation | 2.4 | |||
| Semi Deviation | 2.68 | |||
| Downside Deviation | 2.83 | |||
| Coefficient Of Variation | 2136.44 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.99 | |||
| Information Ratio | 0.0166 | |||
| Jensen Alpha | 0.0062 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0186 | |||
| Treynor Ratio | 0.0894 | |||
| Maximum Drawdown | 15.23 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 5.26 | |||
| Downside Variance | 8.0 | |||
| Semi Variance | 7.16 | |||
| Expected Short fall | (2.79) | |||
| Skewness | 0.6094 | |||
| Kurtosis | 1.48 |
Consider Oil States' intraday indicators
Oil States 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 Oil States 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.
Oil States Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of October 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 |
| 31st of May 2024 Other Reports | ViewVerify |
Oil Stock media impact
Far too much social signal, news, headlines, and media speculation about Oil States that are available to investors today. That information is available publicly through Oil media outlets and privately through word of mouth or via Oil internal channels. However, regardless of the origin, that massive amount of Oil 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 Oil States 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 Oil States 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 Oil States' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Oil States alpha.
Oil States Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Oil States 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.
Oil States Corporate Directors
| Christopher Seaver | Independent Director | Profile | |
| Darrell Hollek | Independent Director | Profile | |
| Lawrence Dickerson | Independent Director | Profile | |
| William Kleef | Independent Director | Profile |
Additional Tools for Oil Stock Analysis
When running Oil States' price analysis, check to measure Oil States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.