Oil States International (OIS) Receives a Hold from Susquehanna
In a report released yesterday, Charles Minervino from Susquehanna maintained a Hold rating on Oil States International, with a price target of $5.50. The company’s shares closed yesterday at $4.99.
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Minervino covers the Energy sector, focusing on stocks such as TechnipFMC, Baker Hughes Company, and Oil States International. According to TipRanks, Minervino has an average return of 2.0% and a 52.17% success rate on recommended stocks.
Oil States International has an analyst consensus of Moderate Buy, with a price target consensus of $7.25.
Based on Oil States International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $159.94 million and a net profit of $3.16 million. In comparison, last year the company earned a revenue of $167.26 million and had a GAAP net loss of $13.37 million
