Sidoti Csr Has Pessimistic Outlook of Civeo Q2 Earnings

Civeo Corporation (NYSE:CVEO - Free Report) - Stock analysts at Sidoti Csr lowered their Q2 2025 earnings per share (EPS) estimates for Civeo in a research note issued to investors on Monday, July 21st. Sidoti Csr analyst S. Ferazani now anticipates that the business services provider will post earnings per share of ($0.31) for the quarter, down from their prior estimate of $0.03. The consensus estimate for Civeo's current full-year earnings is ($0.58) per share. Sidoti Csr also issued estimates for Civeo's Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.72) EPS, Q1 2026 earnings at ($0.44) EPS, Q2 2026 earnings at $0.36 EPS and Q4 2026 earnings at ($0.16) EPS.

A number of other analysts have also commented on the company. Stifel Nicolaus dropped their price target on Civeo from $28.00 to $27.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Wall Street Zen lowered Civeo from a "hold" rating to a "sell" rating in a research note on Saturday, June 14th.

Civeo Stock Performance

Civeo stock traded down $0.48 during mid-day trading on Wednesday, reaching $24.09. 54,367 shares of the company's stock were exchanged, compared to its average volume of 59,388. The business's fifty day simple moving average is $22.85 and its 200 day simple moving average is $22.45. The firm has a market capitalization of $324.01 million, a PE ratio of -14.87 and a beta of 1.36. Civeo has a one year low of $18.01 and a one year high of $28.92. The company has a quick ratio of 1.59, a current ratio of 1.66 and a debt-to-equity ratio of 0.40.

Civeo (NYSE:CVEO - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The business services provider reported ($0.72) EPS for the quarter, topping analysts' consensus estimates of ($0.78) by $0.06. The business had revenue of $144.04 million for the quarter, compared to analyst estimates of $150.86 million. Civeo had a negative return on equity of 7.23% and a negative net margin of 3.30%.

Institutional Trading of Civeo

Several hedge funds have recently made changes to their positions in CVEO. WINTON GROUP Ltd raised its stake in shares of Civeo by 218.5% during the 4th quarter. WINTON GROUP Ltd now owns 26,256 shares of the business services provider's stock valued at $597,000 after purchasing an additional 18,013 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Civeo during the 4th quarter valued at $1,452,000. Millennium Management LLC raised its stake in shares of Civeo by 18.2% during the 4th quarter. Millennium Management LLC now owns 80,055 shares of the business services provider's stock valued at $1,819,000 after purchasing an additional 12,299 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Civeo by 63.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 170,118 shares of the business services provider's stock valued at $3,865,000 after purchasing an additional 66,097 shares during the period. Finally, Lido Advisors LLC bought a new stake in shares of Civeo during the 4th quarter valued at $579,000. 81.44% of the stock is currently owned by institutional investors.

Civeo Company Profile

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.