Oceaneering International 株価情報 (NYSE: OII)

最新ニュース Oceaneering International (NYSE:OII) 株価情報

Oceaneering International

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.

Oceaneering International, Inc. Common Stock

Oceaneering International Inc

O3 Mining Inc

In the latest quarter, 5 analysts provided ratings for Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $27.8, with a high estimate of $34.00 and a low estimate of $22.00. This current average has increased by 4.91% from the previous average price target of $26.50. 
<img src="https://www.benzinga.com/files/images/story/2025/1736542855_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Oceaneering International. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Neutral</td>
<td>$30.00</td>
<td>-</td>
</tr>
<tr>
<td>Marc Bianchi</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$27.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$26.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$22.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Kurt Hallead</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$34.00</td>
<td>$34.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Oceaneering International. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Oceaneering International compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Oceaneering International's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Oceaneering International's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/OII/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Oceaneering International analyst ratings.</a>
<h2>Discovering Oceaneering International: A Closer Look</h2>
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.
<h3>Understanding the Numbers: Oceaneering International's Finances</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Oceaneering International showcased positive performance, achieving a revenue growth rate of 7.03% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Oceaneering International's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.07%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Oceaneering International's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 6.11%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Oceaneering International's ROA stands out, surpassing industry averages. With an impressive ROA of 1.77%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.26.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Deep Dive Into Oceaneering International Stock: Analyst Perspectives (5 Ratings)

Citigroup analyst Scott Gruber downgrades Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) from Buy to Neutral and announces $30 price target.

News

Downgrades

Price Target

Citigroup Downgrades Oceaneering International to Neutral, Announces $30 Price Target

TD Cowen analyst Marc Bianchi maintains Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) with a Hold and raises the price target from $26 to $27.

TD Cowen Maintains Hold on Oceaneering International, Raises Price Target to $27

The seven companies being sanctioned are Insitu Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc. and Oceaneering International Inc., the Foreign Ministry statement said. It said that "relevant senior executives" of the companies are also sanctioned, without naming any.
 <a href="https://apnews.com/article/china-sanctions-us-military-sales-taiwan-33e27d5389740e4a1f6c2f1ff7381931" title="https://apnews.com/article/china-sanctions-us-military-sales-taiwan-33e27d5389740e4a1f6c2f1ff7381931">https://apnews.com/article/china-sanctions-us-military-sales-taiwan-33e27d5389740e4a1f6c2f1ff7381931</a>

HDSN

'China sanctions 7 companies over US military assistance to Taiwan' - AP

WIIM

EQNR

FANG

PARR

VNOM

Shares of oil and gas companies are lower ahead of OPEC's supply decision on Thursday. The commodity may be falling due to ongoing conflict in the Middle East.

Management

Oceaneering Announces Promotion Of Benjamin M. Laura To Senior Vice President And Chief Operating Officer

ACDC

AESI

ARCH

AROC

CIVI

CTRA

DINO

GPOR

HNRG

INVX

KNTK

LBRT

MTDR

PTEN

SDRL

TALO

TRGP

USAC

WFRD

Shares of oil and fossil fuel companies are trading higher following the US presidential election. Investors may be weighing the potential impact of Donald Trump's energy policies on the sector.

Barclays analyst David Anderson maintains Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) with a Underweight and lowers the price target from $24 to $22.

Barclays Maintains Underweight on Oceaneering International, Lowers Price Target to $22

GDi will continue to operate under its existing brand identity. Oceaneering intends to report GDi's future financial results through its Integrity Management and Digital Solutions (IMDS) segment.
 &nbsp;

Oceaneering Acquires UK-Based Digital And Software Services Provider Global Design Innovation Ltd.; No Terms Disclosed

Benchmark analyst Kurt Hallead reiterates Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) with a Buy and maintains $34 price target.

Reiteration

Benchmark Reiterates Buy on Oceaneering International, Maintains $34 Price Target

Oceaneering International shares are trading higher despite worse-than-expected Q3 financial results.

Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.44 by 18.18 percent. This is a 5.26 percent decrease over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $679.811 million which missed the analyst consensus estimate of $691.985 million by 1.76 percent. This is a 7.03 percent increase over sales of $635.180 million the same period last year.

Earnings

Earnings Misses

Oceaneering International Q3 2024 Adj. EPS $0.36 Misses $0.44 Estimate, Sales $679.811M Miss $691.985M Estimate

Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Oceaneering International will report an earnings per share (EPS) of $0.44.
Anticipation surrounds Oceaneering International's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Overview of Past Earnings</h3>
The company's EPS missed by $0.02 in the last quarter, leading to a 13.75% increase in the share price on the following day.
Here's a look at Oceaneering International's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.30</td>
<td>-0.24</td>
<td>0.24</td>
<td>0.32</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.28</td>
<td>0.14</td>
<td>0.19</td>
<td>0.38</td>
</tr>
<tr>
<td>Price Change %</td>
<td>14.000000000000002%</td>
<td>7.000000000000001%</td>
<td>-2.0%</td>
<td>-8.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729620241_0.png" alt="eps graph" />
<h3>Performance of Oceaneering International Shares</h3>
Shares of Oceaneering International were trading at $24.18 as of October 21. Over the last 52-week period, shares are down 0.75%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<h3>Analyst Insights on Oceaneering International</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Oceaneering International.
With 2 analyst ratings, Oceaneering International has a consensus rating of Buy. The average one-year price target is $29.0, indicating a potential 19.93% upside.
<h3>Peer Ratings Comparison</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of USA Compression Partners, Kodiak Gas Services and Atlas Energy Solutions, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>USA Compression Partners is maintaining an Neutral status according to analysts, with an average 1-year price target of $25.0, indicating a potential 3.39% upside.</li>
<li>Analysts currently favor an Buy trajectory for Kodiak Gas Services, with an average 1-year price target of $34.25, suggesting a potential 41.65% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Atlas Energy Solutions, with an average 1-year price target of $25.67, suggesting a potential 6.16% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for USA Compression Partners, Kodiak Gas Services and Atlas Energy Solutions are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Oceaneering International</td>
<td>Buy</td>
<td>11.86%</td>
<td>$120.21M</td>
<td>5.49%</td>
</tr>
<tr>
<td>USA Compression Partners</td>
<td>Neutral</td>
<td>13.72%</td>
<td>$91.84M</td>
<td>21.53%</td>
</tr>
<tr>
<td>Kodiak Gas Services</td>
<td>Buy</td>
<td>52.31%</td>
<td>$112.92M</td>
<td>0.55%</td>
</tr>
<tr>
<td>Atlas Energy Solutions</td>
<td>Outperform</td>
<td>77.71%</td>
<td>$60.35M</td>
<td>1.39%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Oceaneering International ranks at the bottom for Revenue Growth among its peers. It is in the middle for Gross Profit. For Return on Equity, Oceaneering International is at the bottom.
<h3>Delving into Oceaneering International's Background</h3>
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.
<h3>Oceaneering International's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Oceaneering International's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.86% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Oceaneering International's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 5.23%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.49%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Oceaneering International's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.54%, the company showcases efficient use of assets and strong financial health.
Debt Management: Oceaneering International's debt-to-equity ratio is below the industry average. With a ratio of 1.37, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/OII/earnings">To track all earnings releases for Oceaneering International visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into Oceaneering International's Upcoming Earnings

BANL

BWLP

GPRE

HAFN

PFIE

SHEL

TRMD

VIST

Shares of oil and gas companies are trading lower following reports suggesting an impending deal will restart Libyan oil production and exports.

Oceaneering International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oii#NYSE">OII</a>) has secured multiple awards in the U.K. North Sea region. The company&#39;s UK-based subsidiary Oceaneering International Servicesannounced several contracts with multiple operators in the region. These contracts involve decommissioning, inspection, subsea infrastructure preparation and installation support services.
The work duration for these contracts is expected to be 65 days. The contracts also include options that may be exercised to extend their duration. The management and execution of the contracts will be carried out by Oceaneering&#39;s UK North Sea hub located in Aberdeen, Scotland. &nbsp;
OII stated that the operations associated with the contracts are slated to begin in August 2024, and will be conducted with the help of the company&#39;s Island Offshore multiservice vessel (MSV) Island Frontier. The company has prolonged the charter for the MSV Island Frontier until December 2025. Oceaneering had previously used the vessel for operations in West Africa and the Black Sea.
The company stated that the recent contracts highlight its expansion into a key market and underscore its strong relationship with major clients in the UK North Sea region. They also demonstrate OII&#39;s expertise and execution capabilities in the sector.
<h2>OII&#39;s Zacks Rank and Key Picks</h2>
Currently, OII carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the energy&nbsp;sector are&nbsp;VAALCO Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/egy#NYSE">EGY</a>), MPLX LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mplx#NYSE">MPLX</a>) and TechnipFMC plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fti#NYSE">FTI</a>), each carrying a Zacks Rank #2 (Buy) at present.
VAALCO Energy is an independent energy company involved in upstream business operationswith a diversified presence in Africa and Canada. Having a large inventory of drilling locations in premium Canadian Acreage, the company&#39;s production outlook seems bright.
MPLX LP owns and operates a wide range of midstream assets. The partnership&#39;s midstream assets include oil and natural gas gathering systems and transportation pipelines for crude, natural gas and refined petroleum products. MPLX is least exposed to commodity price fluctuations as it generates stable fee-based revenues. Furthermore, it surpasses its industry peers in terms of distribution yield, reflecting its commitment to returning capital to its unitholders.
TechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company&#39;s&nbsp;total backlog witnessed a record high of $13.9 million in the second quarter of 2024, indicating a year-over-year increase of 4.51%. This growing backlog ensures strong revenue growth for FTI in the future.
<a href="https://www.zacks.com/stock/news/2329682/oceaneering-secures-multiple-contracts-in-the-uk-north-sea?cid=CS-BENZ-FT-analyst_blog|company_news_energy_sector-2329682">To read this article on Zacks.com click here.</a>

Mid Cap

Small Cap

Markets

Trading Ideas

MPLX

Oceaneering Secures Multiple Contracts in the UK North Sea

<a href="https://www.oceaneering.com/oceaneering-awarded-multiple-north-sea-vessel-contracts/">https://www.oceaneering.com/oceaneering-awarded-multiple-north-sea-vessel-contracts/</a>
Oceaneering International, Inc. ("Oceaneering") announces that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the UK sector of the North Sea. The contracts were awarded by multiple operators in the region and, when combined, total an estimated 65 days with options to extend the contract durations.&nbsp;&nbsp;
These operations are expected to begin in August 2024 and will be supported utilizing the multiservice vessel (MSV) Island Frontier, which Oceaneering has previously operated in West Africa and the Black Sea. Oceaneering has extended its charter for the MSV Island Frontier until December 2025, securing vessel capacity to meet client needs.&nbsp;&nbsp;
These contracts will be managed and executed from Oceaneering's UK North Sea hub in Aberdeen, Scotland.&nbsp;&nbsp;

Contracts

Oceaneering Has Secured Multiple Contracts From Multiple Operators For Decommissioning, Inspection, Subsea Preparation, And Installation Support Services In The UK Sector Of The North Sea

On August 21, a recent SEC filing unveiled that M. Kevin McEvoy, Director at Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) made an insider sell.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000073756/000007375624000138//Archives/edgar/data/73756/000007375624000138/0000073756-24-000138-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that McEvoy sold 9,675 shares of Oceaneering International. The total transaction amounted to $252,711. 
The latest market snapshot at Thursday morning reveals Oceaneering International shares down by 0.0%, trading at $26.02.
<h3>All You Need to Know About Oceaneering International</h3>
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.
<h3>Oceaneering International: A Financial Overview</h3>
Positive Revenue Trend: Examining Oceaneering International's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.86% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 17.97%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Oceaneering International's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.34.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.37.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 21.5 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.04 is lower than the industry average, implying a discounted valuation for Oceaneering International's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 9.61, Oceaneering International demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Delving Into the Significance of Insider Transactions</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000073756">Check Out The Full List Of Oceaneering International's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

M. Kevin McEvoy Executes Sell Order: Offloads $252K In Oceaneering International Stock

CEIX

CRGY

DWSN

EZFL

LODE

RCON

REPX

TOPS

Shares of oil and gas companies are trading lower. The sector might be moving amid overall market weakness due to economic slowdown concerns following recent US data, which could negatively impact demand.

BORR

CHRD

CLMT

GLNG

GPRK

LTBR

WTTR

Shares of oil and gas stocks are trading lower despite Middle East tensions. Weak US economic data may be weighing on demand outlook.

Oceaneering's IMDS Secures Two-Year Contract To Design Maintenance Strategy For FPSO Vessel Offshore Brazil; Project To Optimize Performance And Enhance Reliability Managed By Rio de Janeiro Office

Infinite Acquisitions Partners announces LOI with Oceaneering International

Oceaneering International ( ($OII) ) has provided an update. Oceaneering International, Inc. announced the promotion of Benjamin M. Laura to Senior...

Oceaneering Promotes Benjamin Laura to COO Role

Oceaneering International promotes Benjamin M. Laura to COO

Transocean's Management Is Highly Optimistic

The marine tech industry has been transformed by technological breakthroughs that enhance efficiency and sustainability. With rapid sector growth, opportunities abound for investors in the stocks of fundamentally solid companies Teledyne Technologies (TDY), Huntington Ingalls (HII), and Oceaneering International (OII). Read on… The marine tech industry is riding high on a wave of innovation, with breakthroughs in subsea technology driving its rapid growth. Thanks to advances in sensor technologies, the Internet of Things (IoT), and artificial intelligence (AI), the sector is evolving at a pace that catches the eye of investors eager to ride the tide of opportunity.
Amid this backdrop, stocks of Teledyne Technologies Incorporated (<a href="https://stocknews.com/stock/TDY/">TDY</a>), Huntington Ingalls Industries, Inc. (<a href="https://stocknews.com/stock/HII/">HII</a>), and Oceaneering International, Inc. (<a href="https://stocknews.com/stock/OII/">OII</a>) offer strong potential. They are well-positioned to lead the charge in modernizing ocean industries, bringing stability and growth to investors in the process. Let us discuss this in detail.
Marine technology has taken <a href="https://www.workboat.com/marine-tech">a giant leap with advancements</a> in remotely operated vehicles (ROVs), manned submersibles, unmanned surface vehicles (USVs), and unmanned undersea vehicles (UUVs). The development of next-gen GPS systems for marine travel also plays a pivotal role, contributing to the expansion of the sector.
Adding another layer of transformation, electric boats have emerged as the latest innovation in the marine tech world. Fueled by sustainability and innovation, these battery-powered vessels are shaking up the norms of marine travel. The electric boat market is expected to <a href="https://evmagazine.com/sustainability/electric-boats-lead-the-way-in-sustainable-marine-innovation">soar to $16.60 billion by 2031</a>, making it an area full of potential.
Technologies like IoT, machine learning, and AI are set to revolutionize the maritime industry further. By <a href="https://ww2.eagle.org/en/innovation-and-technology/technology-advancements/abs-tech-trends.html">boosting efficiency and reducing costs</a> across a maritime asset's lifecycle, these technologies also hold the key to enabling autonomous and remote-controlled functions, taking marine operations to new heights of optimization.
Looking ahead, the marine electronics market is projected to reach a robust $7.74 billion by 2030, growing at <a href="https://www.marketresearchfuture.com/reports/marine-electronics-market-6881">a solid CAGR of 5%</a>. This growth signals the vast potential within the marine tech sector, where new innovations and opportunities will continue to emerge, making it a prime space for forward-thinking investors.
So. let us dive deep into the fundamentals of three marine tech stocks, starting with #3.
Stock #3: Teledyne Technologies Incorporated (<a href="https://stocknews.com/stock/TDY/">TDY</a>)
TDY provides enabling technologies for industrial growth markets like factory automation, air and water quality environmental monitoring, electronics design and development, and others. The company also offers sensors, cameras, monitoring and control instruments for marine, environmental operations and more.
On November 6, TDY announced an <a href="https://www.teledyne.com/en-us/news/Pages/teledyne-to-acquire-select-aerospace-and-defense-electronics-businesses-of-excelitas.aspx">agreement to acquire</a> select aerospace and defense electronics businesses from Excelitas Technologies Corp. for a transaction value of $710 million. With this acquisition, TDY is set to benefit from Excelitas' portfolio of products and boost its income streams.
On November 4, TDY and Micropac Industries, Inc. (MPAD) <a href="https://www.teledyne.com/en-us/news/Pages/teledyne-to-acquire-micropac.aspx">announced a definitive merger agreement</a>. MPAD will merge with a wholly-owned TDY subsidiary. MPAD's complementary products and shared customer base in defense, space, and healthcare markets could strengthen TDY's capabilities, enhancing value and opportunities within these critical sectors.
For the fiscal 2024 third quarter that ended September 29, TDY's net sales increased 2.9% year-over-year to $1.44 billion. Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> rose 2.4% from the year-ago value to $270.70 million. Additionally, non-GAAP net income attributable to TDY came in at $241.30 million, while non-GAAP EPS grew 1% from the prior year's quarter to $5.10.
Analysts expect TDY's revenue and EPS for the fiscal year ending December 2025 to increase 5% and 4.8% year-over-year to $5.90 billion and $18.26, respectively. Moreover, the company topped the consensus EPS estimates in three of four trailing quarters.
Shares of TDY have surged 12.3% over the past three months and 17% over the past year, closing the last trading session at $473.55.
TDY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> mirror its sound fundamentals. The stock has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
TDY has a B grade for Momentum, Stability, Sentiment, and Quality. Within the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry, TDY is ranked #7 out of 41 stocks.
In addition to the POWR Ratings highlighted above, you can check TDY's ratings for Growth and Value <a href="https://stocknews.com/stock/TDY/">here</a>.
Stock #2: Huntington Ingalls Industries, Inc. (<a href="https://stocknews.com/stock/HII/">HII</a>)
HII designs, builds, and repairs military ships. Its segments include Ingalls; Newport News; and Mission Technologies. The company delivers nuclear-powered ships like aircraft carriers and submarines, provides naval nuclear support services, and offers additional services to the U.S. Navy and U.S. Coast Guard.
On December 5, HII secured <a href="https://hii.com/news/hii-is-awarded-6-7-billion-contract-to-support-the-u-s-air-forces-electronic-warfare-mission/">a $6.7 billion contract</a> to deliver electronic warfare engineering and technical services to the U.S. Air Force. This indefinite-delivery/indefinite quantity contract marks the largest award ever for HII's Mission Technologies division, significantly boosting its role in advanced defense capabilities.
On December 4, HII <a href="https://hii.com/news/hii-expands-shipbuilding-capacity-announcing-intent-to-acquire-south-carolina-advanced-metal-fabricator-assets-and-workforce/">announced a definitive agreement</a> to acquire the assets of W International SC, LLC and Vivid Empire SC, LLC, a South Carolina-based complex metal fabricator specializing in shipbuilding structures, modules, and assemblies. The investment enhances HII's capacity to meet increased Navy build rates efficiently.
For the fiscal third quarter that ended September 30, 2024, HII's sales and service revenues came in at $2.75 billion. Its operating income was reported to be $82 million. Moreover, the company's net earnings and EPS amounted to $101 million and $2.56, respectively.
Street expects HII's revenue and EPS for the fiscal year ending December 2025 to increase 3.9% and 10.6% year-over-year to $12.04 billion and $15.85, respectively. In addition, the company topped the consensus revenue and EPS estimates in three of four trailing quarters.
HII's shares have marginally declined intraday to close the last trading session at $187.95.
HII's prospects are projected in its POWR Ratings. The stock has an A grade for Value and a B for Momentum.
Within the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> industry, HII is ranked #40 out of 72 stocks. <a href="https://stocknews.com/stock/HII/">Click here</a> to access HII's ratings for Quality, Growth, Sentiment, and Stability.
Stock #1: Oceaneering International, Inc. (<a href="https://stocknews.com/stock/OII/">OII</a>)
OII delivers engineered services, products, and robotic solutions across offshore energy, defense, aerospace, manufacturing, and entertainment industries.  Its segments are Subsea Robotics; Manufactured Products; Offshore Projects Group; Integrity Management &amp; Digital Solutions; and Aerospace and Defense Technologies.
On October 29, OII <a href="https://investors.oceaneering.com/news/news-details/2024/Oceaneering-Acquires-Global-Design-Innovation-Ltd/default.aspx">announced its acquisition</a> of UK-based Global Design Innovation Ltd. (GDI), a leader in digital and software services. The strategic move enhances OII's digital expertise, enabling it to offer broader, more advanced solutions. This positions the company for stronger growth and expanded opportunities with global clients.
On October 1, OII <a href="https://www.oceaneering.com/oceaneering-wins-contract-to-build-freedom-auv-and-remote-operations-center-for-us-navy/">announced a multi-million dollar contract</a> from the U.S. Department of Defense's Defense Innovation Unit (DIU). Its Subsea Robotics and Aerospace and Defense Technologies segments will develop a Freedom&#x2122; Autonomous Underwater Vehicle (AUV) and establish an Onshore Remote Operations Center (OROC) for the U.S. Navy. This contract is expected to strengthen OII's role in advancing defense innovation.
For the fiscal 2024 third quarter that ended September 30, OII's revenue increased 7% year-over-year to $679.81 million. Its adjusted EBITDA rose 16.6% from the year-ago value to $98.09 million. Plus, the company's adjusted net income and adjusted EPS came in at $37.23 million and $0.36, respectively.
The consensus revenue and EPS estimates of $680.61 million and $0.41 for the fiscal fourth quarter ending December 2024 exhibit a year-over-year rise of 4% and 115.8%, respectively. Furthermore, the company surpassed the consensus revenue estimates in three of four trailing quarters.
Shares of OII have surged 28.6% over the past six months and 41.2% over the past year to close the last trading session at $27.09.
OII's prospects are apparent in its POWR Ratings. It has a B grade for Growth.
The stock is ranked #21 out of 53 stocks in the <a href="https://stocknews.com/category/energy-services/">Energy - Services</a> industry.
<a href="https://stocknews.com/stock/OII/">Click here</a> to access its Momentum, Value, Quality, Sentiment, and Stability ratings.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
TDY shares were unchanged in premarket trading Monday. Year-to-date, TDY has gained 6.11%, versus a 29.08% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/tdy-hii-oii-3-marine-tech-stocks-modernizing-ocean-industries/>3 Marine Tech Stocks Modernizing Ocean Industries</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Marine Tech Stocks Modernizing Ocean Industries

Barclays analyst Eddie Kim upgraded Oceaneering (OII) to Equal Weight from Underweight with a price target of $26, up from $22. With the "bearish" ...

Oceaneering upgraded to Equal Weight from Underweight at Barclays

Forum Energy Technologies: A Stock Buying Back 40% Of Its Market Cap

TD Cowen raised the firm's price target on Oceaneering (OII) to $27 from $26 and keeps a Hold rating on the shares. The firm again lowered global o...

Oceaneering price target raised to $27 from $26 at TD Cowen

Citi analyst Scott Gruber downgraded Oceaneering (OII) to Neutral from Buy with an unchanged price target of $30. Oceaneering outperformed the grou...

Oceaneering downgraded to Neutral from Buy at Citi

FBYD

NBLWF

Press Releases

Oceaneering Awarded Multiple Contracts for Vessel Services in the Gulf of Mexico

Oceaneering Reports Second Quarter 2024 Results

Oceaneering to Participate at the Barclays CEO Energy-Power Conference

Oceaneering Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

Oceaneering Reports Third Quarter 2024 Results

Oceaneering Acquires Global Design Innovation Ltd.

Oceaneering to Participate at Investor Conferences: Bank of America Global Energy Conference and Baird Global Industrial Conference

Oceaneering Announces the Promotion of Benjamin M. Laura to Senior Vice President and Chief Operating Officer

Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies

Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference

ProFrac Holding Corp. - Class A Common Stock

ProFrac Holding

Atlas Energy Solutions

Archrock

Baker Hughes

ChampionX

TechnipFMC

Halliburton

Helix Energy Solutions Group, Inc. Common Stock

Helix Energy Solns Gr

Innovex International

Kodiak Gas Services

Liberty Energy

National Energy Services Reunited Corp - Ordinary Shares

National Energy Services

NPK International

ProPetro Holding

Solaris Energy Infrastructure, Inc. Class A Common Stock

Solaris Energy

Schlumberger

Tidewater

Tenaris

USA Compression Partners, LP Common Units Representing Limited Partner Interests

Comments

Oceaneering International

ニュース

最新ニュース Oceaneering International (NYSE:OII) 株価情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル