What is Zacks Research’s Estimate for OII Q1 Earnings?

Oceaneering International, Inc. (NYSE:OII) – Research analysts at Zacks Research upped their Q1 2026 earnings estimates for shares of Oceaneering International in a report issued on Wednesday, March 12th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will post earnings per share of $0.43 for the quarter, up from their prior forecast of $0.32. 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 FY2026 earnings at $1.58 EPS and FY2027 earnings at $1.60 EPS.

A number of other research firms have also recently weighed in on OII. StockNews.com cut shares of Oceaneering International from a “buy” rating to a “hold” rating in a report on Saturday, March 1st. TD Cowen lifted their price target on shares of Oceaneering International from $26.00 to $27.00 and gave the stock a “hold” rating in a research note on Wednesday, January 8th. Citigroup cut shares of Oceaneering International from a “buy” rating to a “neutral” rating and set a $30.00 price target for the company. in a research report on Friday, January 10th. Barclays dropped their price objective on Oceaneering International from $26.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 5th. Finally, Pickering Energy Partners downgraded Oceaneering International from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $28.25.

Oceaneering International Trading Up 0.9 %

NYSE OII opened at $19.54 on Friday. The firm has a 50 day moving average of $24.51 and a two-hundred day moving average of $25.54. The company has a quick ratio of 1.46, a current ratio of 1.74 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $1.97 billion, a PE ratio of 13.57 and a beta of 2.42. Oceaneering International has a 52 week low of $18.87 and a 52 week high of $30.98.

Oceaneering International (NYSE:OII) last announced its quarterly earnings results on Wednesday, February 19th. The oil and gas company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). Oceaneering International had a net margin of 5.54% and a return on equity of 17.29%. The company had revenue of $713.45 million for the quarter, compared to analyst estimates of $681.60 million.

Institutional Investors Weigh In On Oceaneering International

Hedge funds have recently made changes to their positions in the business. Algert Global LLC lifted its holdings in shares of Oceaneering International by 23.1% in the 3rd quarter. Algert Global LLC now owns 100,013 shares of the oil and gas company’s stock valued at $2,487,000 after buying an additional 18,760 shares during the period. Stifel Financial Corp raised its stake in shares of Oceaneering International by 51.8% during the 3rd quarter. Stifel Financial Corp now owns 68,943 shares of the oil and gas company’s stock worth $1,715,000 after buying an additional 23,512 shares during the last quarter. Fisher Asset Management LLC grew its stake in Oceaneering International by 32.3% in the 3rd quarter. Fisher Asset Management LLC now owns 132,363 shares of the oil and gas company’s stock valued at $3,292,000 after acquiring an additional 32,297 shares during the last quarter. Barclays PLC lifted its holdings 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 purchasing an additional 138,931 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of Oceaneering International by 3.2% during the 4th quarter. Principal Financial Group Inc. now owns 527,149 shares of the oil and gas company’s stock worth $13,748,000 after purchasing an additional 16,269 shares in the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

Oceaneering International Company Profile

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.