Zacks Research Comments on Oceaneering International, Inc.’s Q1 2025 Earnings (NYSE:OII)

Oceaneering International, Inc. (NYSE:OIIFree Report) – Stock analysts at Zacks Research upped their Q1 2025 earnings estimates for Oceaneering International in a research report issued on Thursday, March 14th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings of $0.33 per share for the quarter, up from their prior forecast of $0.28. The consensus estimate for Oceaneering International’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Oceaneering International’s Q2 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $1.25 EPS and FY2026 earnings at $1.25 EPS.

Oceaneering International (NYSE:OIIGet Free Report) last released its earnings results on Thursday, February 22nd. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.04). Oceaneering International had a return on equity of 14.00% and a net margin of 4.02%. The business had revenue of $654.60 million for the quarter, compared to analyst estimates of $624.81 million. During the same quarter last year, the company earned $0.06 earnings per share. Oceaneering International’s quarterly revenue was up 22.1% compared to the same quarter last year.

Several other research firms also recently weighed in on OII. StockNews.com upgraded shares of Oceaneering International from a “hold” rating to a “buy” rating in a report on Wednesday, March 13th. Barclays dropped their target price on shares of Oceaneering International from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, February 29th.

Read Our Latest Stock Report on Oceaneering International

Oceaneering International Trading Up 2.3 %

NYSE OII opened at $22.29 on Monday. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 23.46 and a beta of 2.47. The firm’s fifty day moving average price is $20.79 and its 200 day moving average price is $21.98. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.78 and a quick ratio of 1.50. Oceaneering International has a 12 month low of $14.99 and a 12 month high of $27.46.

Institutional Investors Weigh In On Oceaneering International

Institutional investors have recently bought and sold shares of the stock. Loomis Sayles & Co. L P bought a new position in Oceaneering International in the third quarter worth $30,757,000. Norges Bank acquired a new position in shares of Oceaneering International during the 4th quarter worth about $16,865,000. Hennessy Advisors Inc. grew its position in shares of Oceaneering International by 541.1% in the 4th quarter. Hennessy Advisors Inc. now owns 982,200 shares of the oil and gas company’s stock valued at $20,901,000 after purchasing an additional 829,000 shares during the period. Royal Bank of Canada grew its position in shares of Oceaneering International by 1,636.6% in the 4th quarter. Royal Bank of Canada now owns 784,506 shares of the oil and gas company’s stock valued at $16,694,000 after purchasing an additional 739,331 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Oceaneering International by 79.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,660,361 shares of the oil and gas company’s stock valued at $42,704,000 after purchasing an additional 734,518 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

About Oceaneering International

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Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.

See Also

Earnings History and Estimates for Oceaneering International (NYSE:OII)

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