Research Analysts Offer Predictions for Oceaneering International, Inc.’s Q1 2025 Earnings (NYSE:OII)

Oceaneering International, Inc. (NYSE:OIIFree Report) – Research analysts at Zacks Research upped their Q1 2025 EPS estimates for Oceaneering International in a research report issued on Thursday, March 28th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings per share of $0.34 for the quarter, up from their prior forecast of $0.33. The consensus estimate for Oceaneering International’s current full-year earnings is $1.54 per share. Zacks Research also issued estimates for Oceaneering International’s Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.32 EPS.

OII has been the subject of a number of other research reports. Barclays dropped their target price on Oceaneering International from $23.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, February 29th. StockNews.com downgraded Oceaneering International from a “buy” rating to a “hold” rating in a research note on Thursday.

Check Out Our Latest Report on OII

Oceaneering International Trading Up 0.3 %

OII stock opened at $23.40 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.78 and a quick ratio of 1.50. The company has a fifty day moving average price of $21.33 and a two-hundred day moving average price of $21.90. Oceaneering International has a one year low of $14.99 and a one year high of $27.46. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 24.63 and a beta of 2.47.

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 for the quarter, missing the consensus estimate of $0.23 by ($0.04). Oceaneering International had a net margin of 4.02% and a return on equity of 14.00%. The firm had revenue of $654.60 million during the quarter, compared to the consensus estimate of $624.81 million. During the same period in the prior year, the business posted $0.06 earnings per share. Oceaneering International’s quarterly revenue was up 22.1% compared to the same quarter last year.

Hedge Funds Weigh In On Oceaneering International

Institutional investors have recently modified their holdings of the company. Hennessy Advisors Inc. grew its stake in shares of Oceaneering International by 541.1% during the 4th quarter. Hennessy Advisors Inc. now owns 982,200 shares of the oil and gas company’s stock worth $20,901,000 after acquiring an additional 829,000 shares during the period. Vanguard Group Inc. raised its holdings in shares of Oceaneering International by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 12,461,454 shares of the oil and gas company’s stock valued at $265,180,000 after buying an additional 246,067 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Oceaneering International by 19.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 461,128 shares of the oil and gas company’s stock worth $9,813,000 after purchasing an additional 76,252 shares during the period. Pineridge Advisors LLC purchased a new position in Oceaneering International in the 4th quarter worth approximately $44,000. Finally, Neo Ivy Capital Management purchased a new position in Oceaneering International in the 4th quarter worth approximately $44,000. 93.93% of the stock is owned by institutional investors and hedge funds.

About Oceaneering International

(Get Free Report)

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.

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

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