Is Oceaneering International Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: OII) stock is to Buy OII stock.
Out of 2 analysts, 1 (50%) are recommending OII as a Strong Buy, 0 (0%) are recommending OII as a Buy, 1 (50%) are recommending OII as a Hold, 0 (0%) are recommending OII as a Sell, and 0 (0%) are recommending OII as a Strong Sell.
What is OII's forecast return on equity (ROE) for 2023-2024?
(NYSE: OII) forecast ROE is 0.97%, which is considered weak.
What is OII's Price Target?
According to 2 Wall Street analysts that have issued a 1 year OII price target, the average OII price target is $23.50, with the highest OII stock price forecast at $25.00 and the lowest OII stock price forecast at $22.00.
On average, Wall Street analysts predict that Oceaneering International's share price could reach $23.50 by Mar 2, 2024. The average Oceaneering International stock price prediction forecasts a potential upside of 31.95% from the current OII share price of $17.81.
What is OII's forecast return on assets (ROA) for 2023-2024?
(NYSE: OII) forecast ROA is 0.25%, which is lower than the forecast US Oil & Gas Equipment & Services industry average of 9.79%.
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