OIS Stock Analysis: Oil States International | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 504m USD | 12M Return: 55.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.07M
EPS Trend: 85.6%
Qual. Beats: 0
Rev. Trend: -95.4%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Oil States International (NYSE: OIS) is a Houston-based provider of engineered capital equipment and consumable products serving energy, industrial, and military customers worldwide. The company operates through three segments: Completion and Production Services (equipment and services supporting the full lifecycle of oil and gas wells), Downhole Technologies (perforation systems and consumable downhole tools for completion, intervention, wireline, and well abandonment), and Offshore Manufactured Products (capital equipment for floating production systems, subsea infrastructure, offshore drilling rigs, and vessels, including flexible bearings, connector systems, mooring systems, and blow-out preventer stack integration). Beyond offshore energy, the company also supplies specialty products for defense, industrial, and alternative energy applications, alongside welding, fabrication, cladding, machining, and offshore installation services. Oil States was incorporated in 1995 and serves a broad customer base including national, major, and independent oil and gas companies, offshore drilling and oilfield service firms, as well as defense and industrial clients.
As a member of the Oil & Gas Equipment & Services sub-industry, Oil States generates revenue by supplying hardware and consumables to exploration and production operators and oilfield service companies, making its financial performance closely tied to global drilling and completion activity and commodity price cycles. Its diversification into offshore manufactured products and defense/industrial applications positions it as more of a specialty engineering supplier than a pure-play pressure pumper, though its results remain heavily influenced by upstream capital spending trends.
- US shale completion activity drives downhole tools demand
- Deepwater project sanctions boost offshore products backlog
- E&P capital discipline pressures equipment pricing and margins
| Net Income: -110.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 4.82 > 1.0 |
| NWC/Revenue: 35.48% < 20% (prev 50.37%; Δ -14.89% < -1%) |
| CFO/TA 0.11 > 3% & CFO 93.9m > Net Income -110.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (58.4m) vs 12m ago -2.87% < -2% |
| Gross Margin: 13.71% > 18% (prev 15.44%; Δ -1.73% > 0.5%) |
| Asset Turnover: 70.64% > 50% (prev 69.17%; Δ 1.47% > 0%) |
| Interest Coverage Ratio: -17.83 > 6 (EBIT TTM -97.1m / Interest Expense TTM 5.45m) |
| A: 0.27 (Total Current Assets 480.3m - Total Current Liabilities 248.1m) / Total Assets 862.2m |
| B: 0.19 (Retained Earnings 165.4m / Total Assets 862.2m) |
| C: -0.10 (EBIT TTM -97.1m / Avg Total Assets 926.4m) |
| D: 1.96 (Book Value of Equity 571.0m / Total Liabilities 291.2m) |
| Altman-Z'' = 3.75 = AA |
| DSRI: 1.07 (Receivables 187.2m/183.5m, Revenue 654.4m/685.3m) |
| GMI: 1.13 (GM 15.44% / 13.71%) |
| AQI: 0.69 (AQ_t 0.15 / AQ_t-1 0.22) |
| SGI: 0.95 (Revenue 654.4m / 685.3m) |
| TATA: -0.24 (NI -110.5m - CFO 93.9m) / TA 862.2m) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of July 14, 2026, the stock is trading at USD 8.33 with a total of 841,631 shares traded. Over the past week, the price has changed by +7.90%, over one month by -2.00%, over three months by -28.50% and over the past year by +55.70%.
Current recommended Stop Loss: 7.80 (which is 6.4% or 1.7 ATR below the current price).
Oil States International has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy OIS.
- StrongBuy: 1
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 12.5 | 50.1% |
P/E Forward = 19.1939
P/S = 0.7699
P/B = 0.8107
P/EG = 1.0105
Revenue TTM = 654.4m USD
EBIT TTM = -97.1m USD
EBITDA TTM = -53.8m USD
Long Term Debt = 1.53m USD (from longTermDebt, last quarter)
Short Term Debt = 59.3m USD (from shortTermDebt, last quarter)
Debt = 92.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 18.6m
Net Debt = 33.2m USD (calculated: Debt 92.2m - CCE 59.0m)
Enterprise Value = 537.0m USD (503.8m + Debt 92.2m - CCE 59.0m)
Interest Coverage Ratio = -17.83 (Ebit TTM -97.1m / Interest Expense TTM 5.45m)
EV/FCF = 7.93x (Enterprise Value 537.0m / FCF TTM 67.7m)
FCF Yield = 12.60% (FCF TTM 67.7m / Enterprise Value 537.0m)
FCF Margin = 10.34% (FCF TTM 67.7m / Revenue TTM 654.4m)
Net Margin = -16.89% (Net Income TTM -110.5m / Revenue TTM 654.4m)
Gross Margin = 13.71% ((Revenue TTM 654.4m - Cost of Revenue TTM 564.7m) / Revenue TTM)
Gross Margin QoQ = 17.60% (prev 4.36%)
Tobins Q-Ratio = 0.62 (Enterprise Value 537.0m / Total Assets 862.2m)
Interest Expense / Debt = 5.91% (Interest Expense 5.45m / Debt 92.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -76.7m (EBIT -97.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.94 (Total Current Assets 480.3m / Total Current Liabilities 248.1m)
Debt / Equity = 0.16 (Debt 92.2m / totalStockholderEquity, last quarter 571.0m)
Debt / EBITDA = -0.62 (negative EBITDA) (Net Debt 33.2m / EBITDA -53.8m)
Debt / FCF = 0.49 (Net Debt 33.2m / FCF TTM 67.7m)
Total Stockholder Equity = 630.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.93% (Net Income -110.5m / Total Assets 862.2m)
RoE = -17.52% (Net Income TTM -110.5m / Total Stockholder Equity 630.9m)
RoCE = -15.36% (EBIT -97.1m / Capital Employed (Equity 630.9m + L.T.Debt 1.53m))
RoIC = -11.98% (negative operating profit) (NOPAT -76.7m / Invested Capital 640.7m)
WACC = 10.00% (E(503.8m)/V(596.0m) * Re(10.98%) + D(92.2m)/V(596.0m) * Rd(5.91%) * (1-Tc(0.21)))
Discount Rate = 10.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.67 | Cagr: -3.29%
[DCF] Terminal Value 72.81% ; FCFF base≈52.6m ; Y1≈60.3m ; Y5≈88.7m
[DCF] Fair Price = 16.62 (EV 1.03b - Net Debt 33.2m = Equity 1.00b / Shares 60.2m; r=10.00% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 85.57 | EPS CAGR: 68.81% | SUE: 0.0 | # QB: 0
Revenue Correlation: -95.44 | Revenue CAGR: -7.24% | SUE: -0.88 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.11 | Chg30d=+4.88% | Revisions=-50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=+6.00% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=0.58 | Chg30d=+4.83% | Revisions=-40% | GrowthEPS=+56.8% | GrowthRev=-2.0%
EPS next Year (2027-12-31): EPS=0.88 | Chg30d=+8.15% | Revisions=+0% | GrowthEPS=+52.3% | GrowthRev=+10.2%
[Analyst] Revisions Ratio: -58% (up=1, down=8)