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Core Laboratories Stock Price, Forecast & Analysis (NYSE:CLB)

$46.58
+0.58 (+1.26 %)
(As of 11/18/2019 04:33 AM ET)
Today's Range
$46.00
Now: $46.58
$47.04
50-Day Range
$40.39
MA: $44.83
$48.96
52-Week Range
$36.61
Now: $46.58
$88.04
Volume491,994 shs
Average Volume730,767 shs
Market Capitalization$2.07 billion
P/E Ratio20.43
Dividend Yield4.78%
Beta1.97
Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. The company operates in two segments, Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock, fluid, and gas samples to enhance production and improve recovery of oil and gas from its clients' reservoirs. Read More…

Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone31-20-420-3191

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$700.85 million
Cash Flow$2.84 per share
Book Value$4.38 per share

Profitability

Net Income$79.52 million

Miscellaneous

Employees4,700
Market Cap$2.07 billion
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable

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Core Laboratories (NYSE:CLB) Frequently Asked Questions

What is Core Laboratories' stock symbol?

Core Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLB."

How often does Core Laboratories pay dividends? What is the dividend yield for Core Laboratories?

Core Laboratories declared a quarterly dividend on Tuesday, October 8th. Investors of record on Friday, October 18th will be given a dividend of $0.55 per share on Tuesday, November 19th. This represents a $2.20 annualized dividend and a dividend yield of 4.72%. The ex-dividend date is Thursday, October 17th. View Core Laboratories' Dividend History.

How were Core Laboratories' earnings last quarter?

Core Laboratories (NYSE:CLB) announced its quarterly earnings data on Wednesday, October, 23rd. The oil and gas company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. The oil and gas company had revenue of $173.20 million for the quarter, compared to analysts' expectations of $171.38 million. Core Laboratories had a return on equity of 45.63% and a net margin of 14.68%. Core Laboratories's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 EPS. View Core Laboratories' Earnings History.

When is Core Laboratories' next earnings date?

Core Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Core Laboratories.

What guidance has Core Laboratories issued on next quarter's earnings?

Core Laboratories updated its fourth quarter earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of $0.44-0.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.46. The company issued revenue guidance of $161-163 million, compared to the consensus revenue estimate of $167.98 million.

What price target have analysts set for CLB?

12 brokerages have issued 1-year price objectives for Core Laboratories' shares. Their forecasts range from $44.00 to $82.00. On average, they anticipate Core Laboratories' share price to reach $65.90 in the next twelve months. This suggests a possible upside of 41.5% from the stock's current price. View Analyst Price Targets for Core Laboratories.

What is the consensus analysts' recommendation for Core Laboratories?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last year. There are currently 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Core Laboratories.

Has Core Laboratories been receiving favorable news coverage?

News headlines about CLB stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Core Laboratories earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View News Stories for Core Laboratories.

Are investors shorting Core Laboratories?

Core Laboratories saw a increase in short interest in October. As of October 31st, there was short interest totalling 4,680,000 shares, an increase of 17.0% from the September 30th total of 4,000,000 shares. Based on an average trading volume of 667,600 shares, the days-to-cover ratio is currently 7.0 days. Currently, 10.7% of the shares of the company are short sold. View Core Laboratories' Current Options Chain.

Who are some of Core Laboratories' key competitors?

What other stocks do shareholders of Core Laboratories own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Core Laboratories investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Starbucks (SBUX), Micron Technology (MU), Baidu (BIDU), NIC (EGOV), Athabasca Oil (ATH) and Allergan (AGN).

Who are Core Laboratories' key executives?

Core Laboratories' management team includes the folowing people:
  • Mr. David M. Demshur, CEO & Chairman of Supervisory Board (Age 64)
  • Mr. Lawrence V. Bruno, COO, Pres & Supervisory Director (Age 59)
  • Mr. Christopher Scott Hill, Sr. VP & CFO (Age 49)
  • Mr. Kevin G. Daniels, Chief Accounting Officer, Treasurer & VP (Age 55)
  • Ms. Gwendolyn Y. Schreffler M.B.A., Sr. VP of Corp. Devel. & Investor Relations

Who are Core Laboratories' major shareholders?

Core Laboratories' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (10.63%), Fisher Asset Management LLC (2.41%), Manning & Napier Group LLC (1.80%), Stephens Investment Management Group LLC (1.06%), Teacher Retirement System of Texas (0.90%) and Douglas Lane & Associates LLC (0.38%). Company insiders that own Core Laboratories stock include Gregory Barry Barnett, Jan Willem Sodderland and Kevin Daniels. View Institutional Ownership Trends for Core Laboratories.

Which major investors are selling Core Laboratories stock?

CLB stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Trust Walden Corp, Oppenheimer Asset Management Inc., Howland Capital Management LLC, Marble Harbor Investment Counsel LLC, Fisher Asset Management LLC, Scout Investments Inc. and SG Americas Securities LLC. View Insider Buying and Selling for Core Laboratories.

Which major investors are buying Core Laboratories stock?

CLB stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Teacher Retirement System of Texas, Stephens Investment Management Group LLC, Manning & Napier Group LLC, Douglas Lane & Associates LLC, Kornitzer Capital Management Inc. KS, State of New Jersey Common Pension Fund D and California Public Employees Retirement System. Company insiders that have bought Core Laboratories stock in the last two years include Gregory Barry Barnett and Jan Willem Sodderland. View Insider Buying and Selling for Core Laboratories.

How do I buy shares of Core Laboratories?

Shares of CLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Core Laboratories' stock price today?

One share of CLB stock can currently be purchased for approximately $46.58.

How big of a company is Core Laboratories?

Core Laboratories has a market capitalization of $2.07 billion and generates $700.85 million in revenue each year. The oil and gas company earns $79.52 million in net income (profit) each year or $2.28 on an earnings per share basis. Core Laboratories employs 4,700 workers across the globe.View Additional Information About Core Laboratories.

What is Core Laboratories' official website?

The official website for Core Laboratories is http://www.corelab.com/.

How can I contact Core Laboratories?

Core Laboratories' mailing address is STRAWINSKYLAAN 913 TOWER A LEVEL 9, AMSTERDAM P7, 1077 XX. The oil and gas company can be reached via phone at 31-20-420-3191 or via email at [email protected]


MarketBeat Community Rating for Core Laboratories (NYSE CLB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  426 (Vote Outperform)
Underperform Votes:  564 (Vote Underperform)
Total Votes:  990
MarketBeat's community ratings are surveys of what our community members think about Core Laboratories and other stocks. Vote "Outperform" if you believe CLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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