(OIS) Oil States International - Ratings and Ratios

Oil States International Inc (NYSE:OIS) is a global provider of engineered capital equipment and consumable products to the energy, industrial, and military sectors. The companys diverse portfolio is utilized across the entire lifecycle of oil and natural gas wells, from initial extraction to abandonment. With a strong presence in the oil and gas industry, Oil States Internationals operations are categorized into three main segments: Completion and Production Services, Downhole Technologies, and Offshore Manufactured Products.

The Completion and Production Services segment is crucial for maintaining the flow of oil and natural gas from wells, offering a range of equipment and services. Downhole Technologies provides critical perforation systems and downhole tools for various operations, including completion, intervention, and well abandonment. Meanwhile, the Offshore Manufactured Products segment is a key player in the offshore industry, supplying capital equipment for floating production systems, subsea infrastructure, and offshore drilling rigs, including products like flexible bearings, advanced connector systems, and high-pressure riser systems.

The company serves a broad customer base, including national and independent oil and natural gas companies, offshore drilling and oilfield service providers, and defense and industrial entities. Oil States Internationals ability to cater to such a diverse clientele is a testament to its robust product and service offerings, which are backed by its expertise in specialty welding, fabrication, and inspection services.

Analyzing the , the stocks last price is $4.51, with its SMA20, SMA50, and SMA200 at $3.80, $4.42, and $4.90, respectively. The ATR indicates a volatility of 7.06%, suggesting moderate price movements. Given the current price action and considering the that shows a market cap of $268.54M USD and a forward P/E of 19.69, a forecast can be made. The stocks recent price movements, coupled with its relative position to its moving averages, suggest a potential for growth if it can break through resistance levels. The forward P/E ratio, although relatively high, indicates that the market expects significant earnings growth. Therefore, based on both technical and fundamental analysis, a reasonable forecast is that Oil States International Inc could see its stock price potentially rise towards the $5.74 level (52-week high) within the next 6-12 months, driven by increased demand in the energy sector and successful execution of its business strategies.

This forecast is contingent upon several factors, including an uptick in oil prices, successful project executions by the company, and overall market conditions. The RoE of 0.77 suggests that the company is currently not highly efficient in generating profits from its shareholders equity, indicating a potential area for improvement. Nonetheless, the companys diverse product portfolio and service offerings position it well for growth in a recovering energy market.