How to Buy Oceaneering International Stock
Oceaneering International Inc
Oceaneering International is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker OII on the NYSE exchange.
Oceaneering International stock last closed at $24.55, up 6.51% from the previous day, and has increased 43.9% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 0.17 percentage points. Oceaneering International stock is currently +63.78% from its 52-week low of $14.99, and -10.6% from its 52-week high of $27.46.
There are currently 100.81M shares of OII outstanding. The market value of OII is $2.47B. In the past 24 hours, 1.71M OII shares were traded.
How to Buy Oceaneering International Stock
Not sure how to invest in Oceaneering International stock? Here's how.
- Choose where to buy Oceaneering International stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Oceaneering International stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your details.
- Evaluate Oceaneering International stock: The Oceaneering International ticker symbol is OII. Is Oceaneering International stock a good investment? Should you buy shares of OII? How do OII's underlying business fundamentals look? Do top analysts think Oceaneering International is a good buy? Why has OII's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if OII is a good stock to buy).
- Execute your OII trade: Decide if you will purchase OII shares at the current market price or use a limit order to purchase OII stock at a given price.
- Get key alerts regarding your investment in OII: Create a watchlist to monitor your new investment in Oceaneering International shares.
Step 1: Choose where to buy Oceaneering International stock
You need a brokerage account in order to access the NYSE market and buy OII shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy OII today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on a good stock buying app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring money into your investment account.
Step 4: Evaluate Oceaneering International stock
After you have figured out the best place to buy Oceaneering International stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk and opportunity.
Oceaneering International shares quick numbers
OII Zen Score
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on OII's stock page.
How is OII stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge OII's fair value.
Using relative valuations measures:
- OII may be undervalued based on its P/E ratio of 25.31x, relative to Oil & Gas Equipment & Services industry P/E ratio of 27.8x
- OII could be overvalued based on its P/B ratio of 3.94x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.7x
- OII could be undervalued based on its PEG ratio of 0.13x
You can access additional valuation analysis on OII's stock here.
OII Financial Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the OII balance sheet.
- There are more short-term assets than short-term liabilities on the OII balance sheet.
- OII profit margin has gone up from 1.3% to 4% in the past year.
- OII's operating cash flow of $209.96M allows it to safely service it's debt of $770.54M.
- OII earnings of $197.58M is not enough to cover its interest payments.
Negative Health Checks:
- OII has a relatively high debt to equity ratio of 2.56.
- Total OII debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Oceaneering International stock
Out of 3 Equities analysts who research OII, the consensus analyst rating on OII is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Oceaneering International stock forecast page.
OII Momentum
OII Performance Numbers
Last year, OII earnings were $97.40M. In the last one years, OII's earnings have gone up by 273.08% per year. This was faster than the Oil & Gas Equipment & Services industry average of 55.11%.
Last year, OII revenue was $2.42B. In the past five year, OII's revenue has increased by 4.89% per year. This was slower than the Oil & Gas Equipment & Services industry average of 9.01%.
You can research OII's earnings and revenue performance here.
Latest Insiders Trades at OII
Over the last year, executives and large shareholders at OII have sold more shares than they have bought.
Karen H. Beachy, Director of OII, was the latest OII insider to sell. They sold $155,800.00 worth of OII stock on Mar 7, 2024.
Dig into more about who owns OII shares here.
Does OII stock generate passive income?
No, Oceaneering International doesn't provide an income stream by paying out dividends.
What others are saying about OII
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your OII trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open Trade button and eToro will execute the order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in OII
Now that you own some OII shares, you'll want to keep up with your company.
Start a watchlist to track your OII stock.
OII Feed
How to Buy Stock in Oceaneering International
To summarize, here are the 6 steps you need to take to buy Oceaneering International stock right now:
- Choose where to buy Oceaneering International stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Oceaneering International stock
- Execute your OII trade
- Get key alerts regarding your investment in OII
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Oceaneering International, click below.
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