Oceaneering International Inc.Find Ratings Reports
OCEANEERING INTERNATIONAL's gross profit margin for the second quarter of its fiscal year 2019 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. OCEANEERING INTERNATIONAL has strong liquidity. Currently, the Quick Ratio is 1.91 which shows the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 13.55% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q2 FY19||Q2 FY18|
|Net Sales ($mil)||495.78||478.67|
|Net Income ($mil)||-35.18||-33.08|
|Balance Sheet||Q2 FY19||Q2 FY18|
|Cash & Equiv. ($mil)||366.02||339.54|
|Total Assets ($mil)||2938.64||2902.75|
|Total Debt ($mil)||987.46||782.23|
|Profitability||Q2 FY19||Q2 FY18|
|Gross Profit Margin||18.61||18.71|
|Return on Assets||-6.46||3.08|
|Return on Equity||-14.05||5.72|
|Debt||Q2 FY19||Q2 FY18|
|Share Data||Q2 FY19||Q2 FY18|
|Shares outstanding (mil)||98.93||98.53|
|Div / share||0.0||0.0|
|Book value / share||13.68||15.89|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1322947.0||1112308.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 0.99 indicates a significant discount versus the S&P 500 average of 3.24 and a discount versus the subsector average of 1.23. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. After reviewing these and other key valuation criteria, OCEANEERING INTERNATIONAL proves to trade at a discount to investment alternatives.
|OII NM||Peers 24.36||OII 14.24||Peers 10.37|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
OII's P/E is negative making this valuation measure meaningless.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
OII is trading at a significant premium to its peers.
|OII NM||Peers 38.41||OII NA||Peers 2.25|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
OII's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|OII 0.99||Peers 1.23||OII -314.44||Peers -180.84|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
OII is trading at a discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, OII is expected to significantly trail its peers on the basis of its earnings growth rate.
|OII 0.67||Peers 1.09||OII 8.01||Peers 15.48|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
OII is trading at a significant discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
OII significantly trails its peers on the basis of sales growth.