Sidoti Csr Issues Negative Outlook for Civeo Earnings

Civeo Co. (NYSE:CVEO - Free Report) - Stock analysts at Sidoti Csr decreased their Q2 2025 earnings per share (EPS) estimates for shares of Civeo in a note issued to investors on Thursday, May 1st. Sidoti Csr analyst S. Ferazani now anticipates that the business services provider will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.38. 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 ($0.43) EPS, FY2025 earnings at ($0.76) EPS, Q1 2026 earnings at ($0.57) EPS, Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at ($0.31) EPS and FY2026 earnings at $0.39 EPS.

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

CVEO has been the topic of a number of other reports. Stifel Nicolaus lowered their target price on Civeo from $28.00 to $27.00 and set a "buy" rating on the stock in a research report on Friday. StockNews.com upgraded shares of Civeo from a "hold" rating to a "buy" rating in a research note on Thursday.

Civeo Stock Up 1.7 %

CVEO stock opened at $19.00 on Monday. The stock's 50 day simple moving average is $21.10 and its 200 day simple moving average is $23.18. The company has a market cap of $257.43 million, a P/E ratio of 13.57 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.36. Civeo has a fifty-two week low of $18.01 and a fifty-two week high of $28.92.

Institutional Trading of Civeo

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new position in shares of Civeo during the fourth quarter valued at approximately $94,000. SG Americas Securities LLC lifted its stake in Civeo by 42.4% during the 4th quarter. SG Americas Securities LLC now owns 6,552 shares of the business services provider's stock valued at $149,000 after acquiring an additional 1,950 shares in the last quarter. Mackenzie Financial Corp purchased a new position in Civeo during the 4th quarter worth $386,000. JPMorgan Chase & Co. grew its stake in shares of Civeo by 4.8% in the 4th quarter. JPMorgan Chase & Co. now owns 19,707 shares of the business services provider's stock worth $448,000 after acquiring an additional 894 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of Civeo by 24.0% in the fourth quarter. Lazard Asset Management LLC now owns 21,492 shares of the business services provider's stock valued at $488,000 after purchasing an additional 4,158 shares during the last quarter. 81.44% of the stock is 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.

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