Will This ETF Beat the Market Over the Next 12 Months?
2024 was another banner year for the US stock market,…
Trailing 12 Months | Fiscal Quarters | |||||
---|---|---|---|---|---|---|
Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
Income Statement | ||||||
Revenue | $2B | $2.3B | $2.6B | $635.2M | $679.8M | |
Gross Profit | $296.4M | $383.4M | $449.2M | $114.7M | $131M | |
Operating Income | $56.1M | $176.1M | $215.8M | $57.9M | $71.3M | |
EBITDA | $181.5M | $295.1M | $342.6M | $88.7M | $103.3M | |
Diluted EPS | -$0.36 | $0.75 | $1.32 | $0.29 | $0.40 |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Balance Sheet | ||||||
Current Assets | $1.1B | $1.2B | $1.2B | $1.5B | $1.4B | |
Total Assets | $2B | $2B | $1.9B | $2.3B | $2.4B | |
Current Liabilities | $431.2M | $451.2M | $515.7M | $800.5M | $800.1M | |
Total Liabilities | $1.5B | $1.4B | $1.4B | $1.7B | $1.7B | |
Total Equity | $559.4M | $549.1M | $477.3M | $572.3M | $704M | |
Total Debt | $794.1M | $732.2M | $696.3M | $700.1M | $480.7M |
Trailing 12 Months | Fiscal Quarters | |||||
---|---|---|---|---|---|---|
Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
Cash Flow Statement | ||||||
Cash Flow Operations | $101.4M | $216.6M | $227.7M | $79.6M | $91.9M | |
Cash From Investing | -$62.4M | -$82.3M | -$93M | -$19.7M | -$20M | |
Cash From Financing | -$38.8M | -$5.1M | -$239.3M | $204K | -$10.1M | |
Free Cash Flow | $31.9M | $124M | $120.3M | $53.7M | $67M |
Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.
In the current month, OII has received 2 Buy ratings 0 Hold ratings, and 0 Sell ratings. The OII average analyst price target in the past 3 months is $28.75.
According to analysts, the consensus estimate is that Oceaneering International share price will rise to $28.75 per share over the next 12 months.
Analysts are divided on their view about Oceaneering International share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Oceaneering International is a Sell and believe this share price will drop from its current level to $24.00.
The price target for Oceaneering International over the next 1-year time period is forecast to be $28.75 according to 2 Wall Street analysts, 2 of them rate the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.
According to Wall Street analysts, the consensus rating for Oceaneering International is a Buy. 2 of 2 analysts rate the stock a Buy at this time.
You can purchase shares of Oceaneering International via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Oceaneering International shares.
Oceaneering International was last trading at $27.40 per share. This represents the most recent stock quote for Oceaneering International. Yesterday, Oceaneering International closed at $27.15 per share.
In order to purchase Oceaneering International stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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