Sidoti Csr Has Bullish Forecast for Civeo Q2 Earnings

Civeo Co. (NYSE:CVEO - Free Report) - Analysts at Sidoti Csr upped their Q2 2025 earnings estimates for shares of Civeo in a note issued to investors on Thursday, May 8th. Sidoti Csr analyst S. Ferazani now expects that the business services provider will earn $0.03 per share for the quarter, up from their previous estimate of $0.01. 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 ($0.42) EPS, FY2025 earnings at ($0.73) EPS, Q1 2026 earnings at ($0.55) EPS, Q2 2026 earnings at $0.55 EPS, Q4 2026 earnings at ($0.33) EPS and FY2026 earnings at $0.41 EPS.

Several other research analysts have also recently issued reports on CVEO. Stifel Nicolaus decreased their price objective on shares of Civeo from $28.00 to $27.00 and set a "buy" rating for the company in a report on Friday, May 2nd. StockNews.com cut shares of Civeo from a "buy" rating to a "hold" rating in a report on Friday, May 9th.

Civeo Stock Performance

NYSE CVEO traded up $0.09 on Monday, hitting $21.02. The stock had a trading volume of 17,153 shares, compared to its average volume of 68,724. Civeo has a one year low of $18.01 and a one year high of $28.92. The company has a quick ratio of 1.28, a current ratio of 1.36 and a debt-to-equity ratio of 0.18. The stock has a market cap of $282.71 million, a price-to-earnings ratio of 15.01 and a beta of 1.28. The company's 50-day moving average is $20.73 and its two-hundred day moving average is $22.77.

Civeo (NYSE:CVEO - Get Free Report) last posted its earnings results on Wednesday, April 30th. The business services provider reported ($0.72) EPS for the quarter, topping the consensus estimate of ($0.78) by $0.06. Civeo had a net margin of 3.00% and a return on equity of 0.11%. The firm had revenue of $144.04 million during the quarter, compared to analysts' expectations of $150.86 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CVEO. Engine Capital Management LP bought a new position in shares of Civeo in the first quarter valued at approximately $30,777,000. Topline Capital Management LLC bought a new stake in Civeo during the fourth quarter worth approximately $4,663,000. Balyasny Asset Management L.P. bought a new stake in Civeo during the fourth quarter worth approximately $1,941,000. Arrowstreet Capital Limited Partnership boosted its holdings in Civeo by 63.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 170,118 shares of the business services provider's stock worth $3,865,000 after buying an additional 66,097 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its holdings in Civeo by 34.0% during the first quarter. Bridgeway Capital Management LLC now owns 253,973 shares of the business services provider's stock worth $5,841,000 after buying an additional 64,470 shares in the last quarter. 81.44% of the stock is currently owned by institutional investors.

About Civeo

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.