Should Value Investors Buy Oceaneering International (OII) Stock?

Core Insights - The article emphasizes the importance of the Zacks Rank system, which focuses on earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a popular strategy for finding undervalued stocks through fundamental analysis and traditional valuation metrics [2] - The Style Scores system is introduced, with a specific focus on the "Value" category for value investors [3] Oceaneering International (OII) - Oceaneering International (OII) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential [4] - OII's Forward P/E ratio is 13.81, significantly lower than the industry average of 18.73, with historical values ranging from 8.77 to 19.36 [4] - The P/CF ratio for OII is 8.17, which is attractive compared to the industry's average of 9.21, with a historical range of 5.73 to 13.09 [5] Subsea 7 (SUBCY) - Subsea 7 (SUBCY) is rated as a Zacks Rank 1 (Strong Buy) stock with an A grade for Value [6] - The P/B ratio for Subsea 7 is 1.39, lower than the industry average of 2.24, with historical values between 0.89 and 1.45 [6] - Both OII and SUBCY are identified as likely undervalued stocks, supported by their strong earnings outlook [7]