Oceaneering International Stock Buy Hold or Sell Recommendation
| OII Stock | USD 23.21 0.58 2.56% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Oceaneering International is 'Strong Hold'. Macroaxis provides Oceaneering International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OII positions. The advice algorithm takes into account all of Oceaneering International's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Oceaneering International's buy or sell advice are summarized below:
Real Value 24.22 | Target Price 25.5 | Hype Value 23.27 | Market Value 23.21 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Oceaneering International given historical horizon and risk tolerance towards Oceaneering International. When Macroaxis issues a 'buy' or 'sell' recommendation for Oceaneering International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Oceaneering |
Execute Oceaneering International Buy or Sell Advice
The Oceaneering recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Oceaneering International. Macroaxis does not own or have any residual interests in Oceaneering International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Oceaneering International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Oceaneering International Trading Alerts and Improvement Suggestions
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: StockNews.com Upgrades Oceaneering International to Buy - MarketBeat |
Oceaneering International Returns Distribution Density
The distribution of Oceaneering International's historical returns is an attempt to chart the uncertainty of Oceaneering International's future price movements. The chart of the probability distribution of Oceaneering International daily returns describes the distribution of returns around its average expected value. We use Oceaneering International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oceaneering International returns is essential to provide solid investment advice for Oceaneering International.
| Mean Return | 0.21 | Value At Risk | -2.67 | Potential Upside | 2.96 | Standard Deviation | 2.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oceaneering International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Oceaneering Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Oceaneering International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oceaneering International backward and forwards among themselves. Oceaneering International's institutional investor refers to the entity that pools money to purchase Oceaneering International's securities or originates 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 | Franklin Resources Inc | 2023-12-31 | 1.7 M | Aristotle Capital Boston, Llc | 2023-12-31 | 1.6 M | Greenhouse Funds Lllp | 2023-09-30 | 1.6 M | American Century Companies Inc | 2023-12-31 | 1.5 M | Loomis, Sayles & Company Lp | 2023-12-31 | 1.5 M | Amvescap Plc. | 2023-12-31 | 1.3 M | Sourcerock Group Llc | 2023-12-31 | 1.3 M | Hennessy Advisors, Inc. | 2024-03-31 | 1.2 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.2 M | Blackrock Inc | 2023-12-31 | 16 M | Vanguard Group Inc | 2023-12-31 | 12.5 M |
Oceaneering International Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 19.4M | 78.4M | 86.1M | 30.6M | (107.2M) | (101.8M) | |
| Free Cash Flow | 9.9M | 76.0M | 175.1M | 39.8M | 93.0M | 63.2M | |
| Depreciation | 263.4M | 528.9M | 139.7M | 121.0M | 105.0M | 126.0M | |
| Other Non Cash Items | 176.6M | 8.8M | (4.3M) | (2.7M) | 3.9M | 6.8M | |
| Capital Expenditures | 147.7M | 60.7M | 50.2M | 81.0M | 100.7M | 131.6M | |
| Net Income | (348.4M) | (496.8M) | (49.3M) | 25.9M | 97.4M | 102.3M | |
| End Period Cash Flow | 373.7M | 452.0M | 538.1M | 568.7M | 461.6M | 484.6M | |
| Change To Inventory | (11.8M) | 26.5M | 7.3M | (30.7M) | (25.4M) | (24.2M) | |
| Change To Netincome | 506.0M | 633.4M | 274.6M | 94.9M | 109.2M | 174.8M | |
| Investments | 3.4M | 6.2M | 3.3M | 705K | (82.3M) | (78.2M) |
Oceaneering International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Oceaneering International or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Oceaneering International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Oceaneering stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.1 | |
β | Beta against NYSE Composite | 1.24 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | 0.06 |
Oceaneering International Volatility Alert
Oceaneering International currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oceaneering International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Oceaneering International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Oceaneering International Fundamentals Vs Peers
Comparing Oceaneering International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Oceaneering International's direct or indirect competition across all of the common fundamentals between Oceaneering International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oceaneering International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Oceaneering International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oceaneering International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Oceaneering International to competition |
| Fundamentals | Oceaneering International | Peer Average |
| Return On Equity | 0.17 | -0.31 |
| Return On Asset | 0.0531 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 2.67 B | 16.62 B |
| Shares Outstanding | 101.39 M | 571.82 M |
| Shares Owned By Insiders | 1.67 % | 10.09 % |
| Shares Owned By Institutions | 95.56 % | 39.21 % |
| Number Of Shares Shorted | 4.36 M | 4.71 M |
| Price To Earning | 60.00 X | 28.72 X |
| Price To Book | 3.87 X | 9.51 X |
| Price To Sales | 1.00 X | 11.42 X |
| Revenue | 2.42 B | 9.43 B |
| Gross Profit | 307.38 M | 27.38 B |
| EBITDA | 286.29 M | 3.9 B |
| Net Income | 97.4 M | 570.98 M |
| Cash And Equivalents | 568.75 M | 2.7 B |
| Cash Per Share | 4.33 X | 5.01 X |
| Total Debt | 848.66 M | 5.32 B |
| Debt To Equity | 1.47 % | 48.70 % |
| Current Ratio | 2.37 X | 2.16 X |
| Book Value Per Share | 6.23 X | 1.93 K |
| Cash Flow From Operations | 193.75 M | 971.22 M |
| Short Ratio | 5.29 X | 4.00 X |
| Earnings Per Share | 0.95 X | 3.12 X |
| Price To Earnings To Growth | 68.34 X | 4.89 X |
| Target Price | 25.33 | |
| Number Of Employees | 10.1 K | 18.84 K |
| Beta | 2.47 | -0.15 |
| Market Capitalization | 2.29 B | 19.03 B |
| Total Asset | 2.24 B | 29.47 B |
| Retained Earnings | 1.43 B | 9.33 B |
| Working Capital | 573.18 M | 1.48 B |
Note: Disposition of 9251 shares by Earl Childress of Oceaneering International at 17.498 subject to Rule 16b-3 [view details]
Oceaneering International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Oceaneering . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Oceaneering International Buy or Sell Advice
When is the right time to buy or sell Oceaneering International? Buying financial instruments such as Oceaneering Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 702.1M | 720.6M | 848.7M | 891.1M | Total Assets | 2.0B | 2.0B | 2.2B | 1.4B |
Use Investing Ideas to Build Portfolios
In addition to having Oceaneering International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Retail Theme or any other thematic opportunities.
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Check out Oceaneering International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Oceaneering International's price analysis, check to measure Oceaneering International's 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 Oceaneering International is operating at the current time. Most of Oceaneering International's value examination focuses on studying past and present price action to predict the probability of Oceaneering International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceaneering International's price. Additionally, you may evaluate how the addition of Oceaneering International to your portfolios can decrease your overall portfolio volatility.
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Is Oceaneering International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.887 | Earnings Share 0.95 | Revenue Per Share 24.079 | Quarterly Revenue Growth 0.221 | Return On Assets 0.0531 |
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.