Zacks Research Has Bullish Forecast for OII FY2025 Earnings

Oceaneering International, Inc. (NYSE:OII) – Investment analysts at Zacks Research raised their FY2025 earnings per share estimates for shares of Oceaneering International in a research note issued on Wednesday, May 14th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will earn $1.78 per share for the year, up from their prior estimate of $1.69. The consensus estimate for Oceaneering International’s current full-year earnings is $1.78 per share. Zacks Research also issued estimates for Oceaneering International’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.46 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.65 EPS and Q1 2027 earnings at $0.33 EPS.

Several other analysts also recently weighed in on OII. Barclays dropped their price objective on Oceaneering International from $22.00 to $21.00 and set an “equal weight” rating for the company in a research report on Monday, April 28th. StockNews.com downgraded Oceaneering International from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Finally, Pickering Energy Partners upgraded Oceaneering International from an “underperform” rating to a “neutral” rating in a research report on Wednesday, April 2nd. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Oceaneering International currently has an average rating of “Hold” and an average target price of $28.00.

Oceaneering International Price Performance

Shares of OII stock opened at $19.65 on Thursday. The company has a quick ratio of 1.46, a current ratio of 1.74 and a debt-to-equity ratio of 0.67. Oceaneering International has a twelve month low of $15.46 and a twelve month high of $30.98. The company has a market cap of $1.98 billion, a P/E ratio of 13.64 and a beta of 1.54. The business has a fifty day simple moving average of $19.14 and a 200 day simple moving average of $23.50.

Oceaneering International (NYSE:OII) last released its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.07. The firm had revenue of $674.52 million during the quarter, compared to the consensus estimate of $651.96 million. Oceaneering International had a return on equity of 17.29% and a net margin of 5.54%. The company’s revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.14 EPS.

Hedge Funds Weigh In On Oceaneering International

Institutional investors and hedge funds have recently bought and sold shares of the company. Teacher Retirement System of Texas acquired a new position in Oceaneering International in the 4th quarter worth about $531,000. Old West Investment Management LLC acquired a new position in Oceaneering International in the 4th quarter worth about $1,565,000. Charles Schwab Investment Management Inc. increased its holdings in Oceaneering International by 4.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,298,658 shares of the oil and gas company’s stock worth $33,869,000 after purchasing an additional 58,081 shares in the last quarter. Barclays PLC increased its stake in shares of Oceaneering International by 334.5% in the third quarter. Barclays PLC now owns 180,470 shares of the oil and gas company’s stock valued at $4,489,000 after buying an additional 138,931 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Oceaneering International by 3.2% in the fourth quarter. Principal Financial Group Inc. now owns 527,149 shares of the oil and gas company’s stock valued at $13,748,000 after buying an additional 16,269 shares during the period. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Oceaneering International

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.