Oil States International (NYSE:OIS) : Zacks Investment Research ranks Oil States International (NYSE:OIS) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.18, which indicates as a Buy.
Oil States International (NYSE:OIS) : 11 Wall Street analysts covering Oil States International (NYSE:OIS) believe that the average level the stock could reach for the short term is $34.82. The maximum price target given is $45 and the minimum target for short term is around $27, hence the standard deviation is calculated at $7.18.
For the current week, the company shares have a recommendation consensus of Buy.
Oil States International (NYSE:OIS): stock turned positive on Tuesday. Though the stock opened at $31.03, the bulls momentum made the stock top out at $31.69 level for the day. The stock recorded a low of $30.88 and closed the trading day at $31.26, in the green by 3.54%. The total traded volume for the day was 696,123. The stock had closed at $30.19 in the previous days trading.
In an insider trading activity, The officer (VP, Controller & CAO), of Oil States International, Inc, Munson Sarah Ann had unloaded 3,860 shares at $27.86 per share in a transaction on December 28, 2015. The total value of transaction was $107,540. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Oil States International, Inc. (Oil States) through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. The Company operates in two segments: offshore products and well site services. The Companys products and services include flexible bearings and advanced connection systems; casing and conductor connections and pipe; subsea pipeline products; compact ball valves, manifold system components and diverter valves; marine winches, mooring systems, cranes and other heavy-lift rig equipment; production, workover, completion and drilling riser systems, among others. The Company also offers well site services.