NYSE:CLB Core Laboratories (CLB) Stock Price, News & Analysis $24.20 -0.15 (-0.62%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$23.64▼$24.5150-Day Range$17.87▼$24.3652-Week Range$13.82▼$27.94Volume519,835 shsAverage Volume455,913 shsMarket Capitalization$1.14 billionP/E Ratio27.51Dividend Yield0.17%Price Target$17.50 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/Downside23.5% Downside$18.50 Price TargetShort InterestBearish15.76% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 20 Articles This WeekInsider TradingN/AProj. Earnings Growth47.89%From $0.71 to $1.05 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.0.79 out of 5 starsOils/Energy Sector231st out of 248 stocksOil & Gas Field Services, Not Elsewhere Classified Industry16th out of 18 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 0.0 Short Interest Percentage of Shares Shorted15.76% 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 17.1, which indicates bearish sentiment.Change versus previous monthShort interest in Core Laboratories has recently increased by 11.08%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldCore Laboratories has a dividend yield of 0.18%, 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 3.81% 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 2.9 News and Social Media Coverage News SentimentCore Laboratories has a news sentiment score of 0.26. 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 is a lower news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Core Laboratories this week, compared to 3 articles on an average week.Search Interest1 people have searched for CLB on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Core Laboratories to their MarketBeat watchlist in the last 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Core Laboratories are expected to grow by 47.89% in the coming year, from $0.71 to $1.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Core Laboratories is 27.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Core Laboratories is 27.47, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.33.Price to Earnings Growth RatioCore Laboratories has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCore Laboratories has a P/B Ratio of 4.91. 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 DTIHow to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.Click here and I’ll show you how to build the ultimate dividend portfolio. 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 HeadlinesJuly 26 at 1:14 PM | americanbankingnews.comCore Laboratories Inc. (NYSE:CLB) Announces Quarterly Dividend of $0.01July 26 at 1:53 AM | americanbankingnews.comCore Laboratories (NYSE:CLB) Trading Up 9.4% Following Strong EarningsJuly 26, 2024 | Crypto 101 Media (Ad)Brace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.July 24 at 5:15 PM | prnewswire.comCORE LAB REPORTS SECOND QUARTER 2024 RESULTSJuly 24 at 5:14 PM | gurufocus.comCore Laboratories Inc (CLB) Q2 2024 Earnings: Revenue at $130.6M, GAAP EPS at $0. ...July 23 at 8:46 PM | markets.businessinsider.comHere's what Wall Street expects from Core Laboratories's earnings reportJuly 22, 2024 | americanbankingnews.comCore Laboratories Inc. (NYSE:CLB) Given Consensus Recommendation of "Reduce" by AnalystsJuly 19, 2024 | msn.comECB eyes summer pause on bumpy road to disinflationJuly 26, 2024 | Crypto 101 Media (Ad)Brace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.July 19, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Core Laboratories Inc. (NYSE:CLB) Issued By Zacks ResearchJuly 17, 2024 | americanbankingnews.comZacks Research Weighs in on Core Laboratories Inc.'s FY2024 Earnings (NYSE:CLB)July 17, 2024 | americanbankingnews.comCore Laboratories (CLB) Set to Announce Earnings on WednesdayJuly 16, 2024 | americanbankingnews.comCore Laboratories (NYSE:CLB) Price Target Cut to $15.00 by Analysts at Bank of AmericaMay 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 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 Ex-Dividend for 5/28 Dividend5/03/2024Dividend Payable5/28/2024Last Earnings7/24/2024Today7/26/2024Ex-Dividend for 8/26 Dividend8/05/2024Dividend Payable8/26/2024Next 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-IndustryN/A Current SymbolNYSE:CLB CUSIPN/A CIK1000229 Webwww.corelab.com Phone(713) 328-2673FaxN/AEmployees3,600Year Founded1936Price Target and Rating Average Stock Price Target$17.50 High Stock Price Target$20.00 Low Stock Price Target$15.00 Potential Upside/Downside-27.0%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio27.25 Forward P/E Ratio33.77 P/E Growth1.39Net Income$36.67 million Net Margins5.44% Pretax Margin8.47% Return on Equity15.42% Return on Assets6.08% Debt Debt-to-Equity Ratio0.68 Current Ratio2.68 Quick Ratio1.85 Sales & Book Value Annual Sales$509.79 million Price / Sales2.21 Cash Flow$1.16 per share Price / Cash Flow20.75 Book Value$4.92 per share Price / Book4.87Miscellaneous Outstanding Shares46,900,000Free Float46,544,000Market Cap$1.12 billion OptionableOptionable Beta2.41 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.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 CompetitorsLiberty EnergyNYSE:LBRTOceaneering InternationalNYSE:OIIExpro GroupNYSE:XPROHelix Energy Solutions GroupNYSE:HLXSelect Water SolutionsNYSE:WTTRView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 38,726 shares on 7/26/2024Ownership: 1.100%Louisiana State Employees Retirement SystemBought 500 shares on 7/24/2024Ownership: 0.050%Exchange Capital Management Inc.Bought 27,259 shares on 7/23/2024Ownership: 0.058%Boston Trust Walden CorpBought 9,468 shares on 7/19/2024Ownership: 1.556%Fermata Advisors LLCBought 11,605 shares on 7/13/2024Ownership: 0.025%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 beginning of 2024. Since then, CLB shares have increased by 36.9% and is now trading at $24.17. 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 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. Core Laboratories's quarterly 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 investors of Core Laboratories include Boston Trust Walden Corp (1.56%), Bank of New York Mellon Corp (1.10%), Confluence Investment Management LLC (0.30%) and Partnership Wealth Management LLC (0.17%). 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). 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