NYSE:CLB Core Laboratories (CLB) Stock Price, News & Analysis $16.88 -0.40 (-2.31%) (As of 09/10/2024 ET) Add Compare Share Share Today's Range$16.51▼$17.3050-Day Range$16.88▼$24.5352-Week Range$13.82▼$26.47Volume285,529 shsAverage Volume450,596 shsMarket Capitalization$791.84 millionP/E Ratio19.18Dividend Yield0.24%Price Target$18.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Core Laboratories alerts: Email Address Core Laboratories MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside9.6% Upside$18.50 Price TargetShort InterestBearish17.06% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth46.84%From $0.79 to $1.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.17 out of 5 starsOils/Energy Sector201st out of 234 stocksOil & Gas Field Services, Not Elsewhere Classified Industry14th out of 17 stocks 0.8 Analyst's Opinion Consensus RatingCore Laboratories has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.Amount of Analyst CoverageCore Laboratories has only been the subject of 3 research reports in the past 90 days.Read more about Core Laboratories' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.06% of the float of Core Laboratories has been sold short.Short Interest Ratio / Days to CoverCore Laboratories has a short interest ratio ("days to cover") of 16.5, which indicates bearish sentiment.Change versus previous monthShort interest in Core Laboratories has recently decreased by 3.29%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldCore Laboratories has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCore Laboratories does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Core Laboratories is 4.55%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Core Laboratories will have a dividend payout ratio of 3.45% next year. This indicates that Core Laboratories will be able to sustain or increase its dividend.Read more about Core Laboratories' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLB. Previous Next 2.6 News and Social Media Coverage News SentimentCore Laboratories has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Core Laboratories this week, compared to 3 articles on an average week.Search Interest3 people have searched for CLB on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Core Laboratories to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Core Laboratories insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.76% of the stock of Core Laboratories is held by insiders.Percentage Held by Institutions97.81% of the stock of Core Laboratories is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Core Laboratories' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Core Laboratories are expected to grow by 46.84% in the coming year, from $0.79 to $1.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Core Laboratories is 19.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Core Laboratories is 19.18, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.55.Price to Earnings Growth RatioCore Laboratories has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioCore Laboratories has a P/B Ratio of 3.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Core Laboratories' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy Sykes“Why I don’t care if the Fed cuts rates” - SYKES In on Friday out by Monday Over the past decade I’ve made millions of dollars with a strategy I call Weekend Trading. It’s the best strategy I know of - because it revolves around making a quick trade right before the market closes on Friday afternoon… And closing the trade when the market opens the following Monday. I’m hosting a free trading broadcast on Thursday, September 12 at 6 PM ET to show you exactly how y About Core Laboratories Stock (NYSE:CLB)Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock and reservoir fluid samples to enhance production and improve recovery of crude oil and gas from its clients' reservoirs. It offers laboratory-based analytical and field services to characterize properties of crude oil and oil delivered products; and proprietary and joint industry studies, as well as services that support carbon capture, utilization and storage, geothermal projects, and the evaluation and appraisal of mining activities. The Production Enhancement segment provides services and products relating to reservoir well completions, perforations, stimulations, production, and well abandonment. It offers integrated diagnostic services to evaluate and monitor the effectiveness of well completions and to develop solutions to improve the effectiveness of enhanced oil recovery projects. The company markets and sells its products through a combination of sales representatives, technical seminars, trade shows, and print advertising, as well as through distributors. Core Laboratories Inc. was founded in 1936 and is based in Houston, Texas.Read More CLB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLB Stock News HeadlinesSeptember 10 at 1:57 AM | americanbankingnews.comEquities Analysts Issue Forecasts for Core Laboratories Inc.'s Q4 2025 Earnings (NYSE:CLB)August 23, 2024 | uk.finance.yahoo.comCore Laboratories (CLB) Down 25.6% Since Last Earnings Report: Can It Rebound?September 11, 2024 | Timothy Sykes (Ad)“Why I don’t care if the Fed cuts rates” - SYKES In on Friday out by Monday Over the past decade I’ve made millions of dollars with a strategy I call Weekend Trading. It’s the best strategy I know of - because it revolves around making a quick trade right before the market closes on Friday afternoon… And closing the trade when the market opens the following Monday.August 22, 2024 | msn.comCore Laboratories (CLB) Rose After Earnings BeatAugust 14, 2024 | nz.finance.yahoo.comCore Laboratories Inc. (HJ1.F)July 28, 2024 | finance.yahoo.comCore Laboratories Second Quarter 2024 Earnings: Misses ExpectationsJuly 24, 2024 | prnewswire.comCORE LAB REPORTS SECOND QUARTER 2024 RESULTSJuly 24, 2024 | gurufocus.comCore Laboratories Inc (CLB) Q2 2024 Earnings: Revenue at $130.6M, GAAP EPS at $0. ...September 11, 2024 | Timothy Sykes (Ad)“Why I don’t care if the Fed cuts rates” - SYKES In on Friday out by Monday Over the past decade I’ve made millions of dollars with a strategy I call Weekend Trading. It’s the best strategy I know of - because it revolves around making a quick trade right before the market closes on Friday afternoon… And closing the trade when the market opens the following Monday.July 23, 2024 | markets.businessinsider.comHere's what Wall Street expects from Core Laboratories's earnings reportJuly 19, 2024 | msn.comECB eyes summer pause on bumpy road to disinflationMay 28, 2024 | msn.comGerman, Baltic call for better digital infrastructure, data sharingMay 23, 2024 | finance.yahoo.comIs There An Opportunity With Core Laboratories Inc.'s (NYSE:CLB) 26% Undervaluation?May 22, 2024 | finance.yahoo.comCore Laboratories Inc. (CLB)May 2, 2024 | finance.yahoo.comCore Laboratories Inc.'s (NYSE:CLB) CEO Compensation Is Looking A Bit Stretched At The MomentApril 30, 2024 | finance.yahoo.comCore Laboratories N.V. (NYSE:CLB) Q1 2024 Earnings Call TranscriptApril 29, 2024 | finance.yahoo.comThese Return Metrics Don't Make Core Laboratories (NYSE:CLB) Look Too StrongApril 27, 2024 | seekingalpha.comCore Laboratories Inc. (CLB) Q1 2024 Earnings Call TranscriptSee More Headlines Receive CLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Core Laboratories and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/24/2024Ex-Dividend for 8/26 Dividend8/05/2024Dividend Payable8/26/2024Today9/11/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil & gas field services, not elsewhere classified Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:CLB CUSIPN/A CIK1000229 Webwww.corelab.com Phone(713) 328-2673FaxN/AEmployees3,600Year Founded1936Price Target and Rating Average Stock Price Target$18.50 High Stock Price Target$22.00 Low Stock Price Target$15.00 Potential Upside/Downside+9.6%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio19.18 Forward P/E Ratio21.37 P/E Growth1.01Net Income$36.67 million Net Margins5.44% Pretax Margin7.87% Return on Equity15.20% Return on Assets6.06% Debt Debt-to-Equity Ratio0.60 Current Ratio2.39 Quick Ratio1.68 Sales & Book Value Annual Sales$509.79 million Price / Sales1.55 Cash Flow$1.01 per share Price / Cash Flow16.67 Book Value$4.92 per share Price / Book3.43Miscellaneous Outstanding Shares46,910,000Free Float46,544,000Market Cap$791.84 million OptionableOptionable Beta2.37 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Lawrence V. Bruno (Age 63)Chairman of the Board, CEO, President & COO Comp: $1.47MMr. Christopher Scott Hill (Age 54)Senior VP & CFO Comp: $668.8kMs. Gwendolyn Y. Gresham M.B.A. (Age 56)Senior Vice President of Corporate Development & Investor Relations Comp: $574.19kMr. Mark Damian Tattoli (Age 52)Senior VP, Secretary & General Counsel Comp: $565.11kMr. Sow Hang Teo (Age 54)VP, Treasurer & Chief Accounting Officer Mr. Jacobus Schouten (Age 69)Managing Director Comp: $26.35kJ. Donald Dumas Jr.Senior VP of Production Enhancement & Business DevelopmentMore ExecutivesKey CompetitorsCalifornia ResourcesNYSE:CRCLiberty EnergyNYSE:LBRTBlack Stone MineralsNYSE:BSMTalos EnergyNYSE:TALOExpro GroupNYSE:XPROView All CompetitorsInstitutional OwnershipTruist Financial CorpSold 5,158 shares on 8/21/2024Ownership: 0.028%Disciplined Growth Investors Inc. MNBought 3,644,963 shares on 8/16/2024Ownership: 9.511%Creative PlanningBought 15,196 shares on 8/16/2024Ownership: 0.117%Northwestern Mutual Wealth Management Co.Bought 600 shares on 8/16/2024Ownership: 0.012%The Manufacturers Life Insurance Company Bought 579 shares on 8/15/2024Ownership: 0.038%View All Institutional Transactions CLB Stock Analysis - Frequently Asked Questions How have CLB shares performed this year? Core Laboratories' stock was trading at $17.66 at the start of the year. Since then, CLB shares have decreased by 4.4% and is now trading at $16.88. View the best growth stocks for 2024 here. How were Core Laboratories' earnings last quarter? Core Laboratories Inc. (NYSE:CLB) issued its earnings results on Wednesday, July, 24th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. The firm's revenue was up 2.1% compared to the same quarter last year. What is David M. Demshur's approval rating as Core Laboratories' CEO? 60 employees have rated Core Laboratories Chief Executive Officer David M. Demshur on Glassdoor.com. David M. Demshur has an approval rating of 36% among the company's employees. This puts David M. Demshur in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Core Laboratories' major shareholders? Top institutional shareholders of Core Laboratories include Ariel Investments LLC (21.95%), Disciplined Growth Investors Inc. MN (9.51%), Earnest Partners LLC (7.01%) and Dimensional Fund Advisors LP (1.60%). View institutional ownership trends. How do I buy shares of Core Laboratories? Shares of CLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Core Laboratories own? Based on aggregate information from My MarketBeat watchlists, some other companies that Core Laboratories investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Starbucks (SBUX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Endologix (ELGX) and Intel (INTC). This page (NYSE:CLB) was last updated on 9/11/2024 by MarketBeat.com Staff From Our PartnersFREE TRAINING TODAY ➡️ How to profit from 2024 electionEarlier this year, Millionaire Trader Nate Bear of Monument Traders Alliance went live in front of thousands o...Monument Traders Alliance | SponsoredHow to grow a small trading account into a $100k? Why is Warren Buffett dumping stocks? Billionaires like Warren Buffett, Tim Cook, and Jeff Bezos are offloa...Timothy Sykes | SponsoredKamala's Plan to Bankrupt America—What You Need to KnowWhat if Kamala Wins? 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