Fintel reports that on October 4, 2023, Susquehanna maintained coverage of Oil States International (NYSE:OIS) with a Neutral recommendation.
Analyst Price Forecast Suggests 30.86% Upside
As of August 31, 2023, the average one-year price target for Oil States International is 9.94. The forecasts range from a low of 8.08 to a high of $12.60. The average price target represents an increase of 30.86% from its latest reported closing price of 7.60.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Oil States International is 842MM, an increase of 9.12%. The projected annual non-GAAP EPS is 0.29.
What is the Fund Sentiment?
There are 414 funds or institutions reporting positions in Oil States International. This is an increase of 19 owner(s) or 4.81% in the last quarter. Average portfolio weight of all funds dedicated to OIS is 0.07%, a decrease of 8.01%. Total shares owned by institutions increased in the last three months by 2.59% to 65,399K shares. 
The put/call ratio of OIS is 0.14, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 4,529K shares representing 7.09% ownership of the company. In it's prior filing, the firm reported owning 4,660K shares, representing a decrease of 2.89%. The firm decreased its portfolio allocation in OIS by 15.59% over the last quarter.
Palisade Capital Management holds 4,322K shares representing 6.76% ownership of the company. In it's prior filing, the firm reported owning 4,147K shares, representing an increase of 4.04%. The firm decreased its portfolio allocation in OIS by 7.92% over the last quarter.
Gendell Jeffrey L holds 2,828K shares representing 4.43% ownership of the company. In it's prior filing, the firm reported owning 2,607K shares, representing an increase of 7.82%. The firm decreased its portfolio allocation in OIS by 21.22% over the last quarter.
Neuberger Berman Group holds 2,597K shares representing 4.06% ownership of the company. In it's prior filing, the firm reported owning 2,565K shares, representing an increase of 1.26%. The firm decreased its portfolio allocation in OIS by 12.28% over the last quarter.
FLPSX - Fidelity Low-Priced Stock Fund holds 2,496K shares representing 3.91% ownership of the company. In it's prior filing, the firm reported owning 2,509K shares, representing a decrease of 0.51%. The firm decreased its portfolio allocation in OIS by 13.89% over the last quarter.
Oil States International Background Information
(This description is provided by the company.)
Oil States International, Inc. is a global provider of manufactured products and services to customers in the oil and natural gas, industrial and military sectors. The Company's manufactured products include highly engineered capital equipment and consumable products. Oil States is headquartered in Houston, Texas with manufacturing and service facilities strategically located across the globe.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
