Sidoti Csr Weighs in on Civeo's Q2 Earnings (NYSE:CVEO)

Civeo Co. (NYSE:CVEO - Free Report) - Equities research analysts at Sidoti Csr decreased their Q2 2025 EPS estimates for shares of Civeo in a research note issued on Thursday, May 1st. Sidoti Csr analyst S. Ferazani now anticipates that the business services provider will earn $0.01 per share for the quarter, down from their previous forecast 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.

Several other equities research analysts also recently weighed in on the company. Stifel Nicolaus decreased their target price on Civeo from $28.00 to $27.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. StockNews.com lowered Civeo from a "buy" rating to a "hold" rating in a research note on Friday.

Civeo Stock Up 1.1 %

NYSE:CVEO traded up $0.22 during midday trading on Monday, hitting $20.88. 13,608 shares of the company were exchanged, compared to its average volume of 68,212. The company has a fifty day simple moving average of $20.83 and a 200 day simple moving average of $23.02. Civeo has a fifty-two week low of $18.01 and a fifty-two week high of $28.92. The company has a market capitalization of $280.90 million, a PE ratio of 14.91 and a beta of 1.28. The company has a current ratio of 1.36, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18.

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

Institutional Investors Weigh In On Civeo

A number of large investors have recently added to or reduced their stakes in the stock. TCW Group Inc. boosted its position in shares of Civeo by 2.0% during the 1st quarter. TCW Group Inc. now owns 795,845 shares of the business services provider's stock worth $18,304,000 after acquiring an additional 15,628 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Civeo by 3.2% during the fourth quarter. Renaissance Technologies LLC now owns 659,648 shares of the business services provider's stock valued at $14,987,000 after acquiring an additional 20,200 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Civeo by 7.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 517,457 shares of the business services provider's stock valued at $11,756,000 after buying an additional 35,648 shares during the period. American Century Companies Inc. boosted its stake in Civeo by 15.9% in the fourth quarter. American Century Companies Inc. now owns 398,013 shares of the business services provider's stock valued at $9,043,000 after acquiring an additional 54,532 shares during the last quarter. Finally, Topline Capital Management LLC bought a new stake in shares of Civeo in the 4th quarter worth approximately $4,663,000. Institutional investors and hedge funds own 81.44% of the company's stock.

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.