NYSE:CLB Core Laboratories (CLB) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free CLB Stock Alerts $16.71 -0.53 (-3.07%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$16.55▼$17.3050-Day Range$14.11▼$17.8952-Week Range$13.82▼$27.94Volume447,641 shsAverage Volume335,014 shsMarket Capitalization$783.03 millionP/E Ratio19.43Dividend Yield0.24%Price Target$18.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Core Laboratories alerts: Email Address Core Laboratories MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside10.7% Upside$18.50 Price TargetShort InterestBearish14.19% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.08Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth35.80%From $0.81 to $1.10 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.2.52 out of 5 starsOils/Energy Sector197th out of 223 stocksOil & Gas Field Services, Not Elsewhere Classified Industry12th out of 15 stocks 1.8 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 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted14.19% 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 13.9, which indicates bearish sentiment.Change versus previous monthShort interest in Core Laboratories has recently increased by 10.02%, indicating that investor sentiment is decreasing significantly. 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 4.65%. 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 3.64% next year. This indicates that Core Laboratories will be able to sustain or increase its 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 2.3 News and Social Media Coverage News SentimentCore Laboratories has a news sentiment score of 0.08. 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 0.51 average news sentiment score 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. 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. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Core Laboratories are expected to grow by 35.80% in the coming year, from $0.81 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Core Laboratories is 19.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Core Laboratories is 19.43, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.70.Price to Earnings Growth RatioCore Laboratories has a PEG Ratio of 0.54. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCore Laboratories has a P/B Ratio of 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 HeadlinesApril 17, 2024 | finance.yahoo.comEarnings Preview: Core Laboratories (CLB) Q1 Earnings Expected to DeclineApril 17, 2024 | americanbankingnews.comCore Laboratories (CLB) Scheduled to Post Quarterly Earnings on WednesdayApril 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 16, 2024 | americanbankingnews.comCore Laboratories (NYSE:CLB) Given New $16.00 Price Target at Bank of AmericaApril 13, 2024 | americanbankingnews.comCore Laboratories Inc. (NYSE:CLB) Given Consensus Rating of "Reduce" by BrokeragesApril 8, 2024 | msn.comHC asks Centre, NABL to reply to PIL on labs illegally collecting samples, giving false reportsApril 4, 2024 | msn.comState-of-the-art specialist school to be in North-East for students with autismMarch 28, 2024 | msn.comGovernor Abbott appoints Ronnie Keister to Texas County And District Retirement System Board Of TrusteesApril 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.March 28, 2024 | msn.comThese 2024 irons improve toe misses, according to robot testingMarch 28, 2024 | msn.comLDCC holds ribbon cutting for new Medical Technicians LaboratoryMarch 28, 2024 | msn.comLabcorp Expands Diagnostic Reach With Strategic Deal For Select Assets Of BioReference HealthMarch 26, 2024 | finance.yahoo.comCORE LABORATORIES' FIRST QUARTER 2024 WEBCAST AT 7:30 A.M. CDT / 8:30 A.M. EDT ON APRIL 25, 2024March 21, 2024 | finance.yahoo.comShareholders in Core Laboratories (NYSE:CLB) are in the red if they invested five years agoMarch 18, 2024 | finance.yahoo.comCore Laboratories Inc.: Growing International and Offshore Markets Continue to Boost Demand for Core Labs' ServicesMarch 15, 2024 | ca.finance.yahoo.comQ4 2023 Evoke Pharma Inc Earnings CallMarch 15, 2024 | theguardian.comAngela Rayner says she wants to see Diane Abbott get Labour whip restored – as it happenedMarch 14, 2024 | msn.comLow-cost lab works helps everyone “know their numbers”March 11, 2024 | finance.yahoo.comCore Laboratories (CLB) Fell on Mixed Earnings ResultsFebruary 27, 2024 | finance.yahoo.comCore Laboratories (CLB) Fell Due to Weak US Land DrillingFebruary 23, 2024 | bizjournals.comLeadership shakeup at Yuga Labs after co-founder reclaims CEO roleFebruary 23, 2024 | msn.comUnifor reaches tentative deal with Jamieson Laboratories after three-week strikeFebruary 17, 2024 | finance.yahoo.comCLB Dec 2024 10.000 putFebruary 17, 2024 | finance.yahoo.comCLB Mar 2024 20.000 putFebruary 5, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Core Laboratories (CLB) and Chevron (CVX)February 3, 2024 | finance.yahoo.comCore Laboratories Inc. Just Missed Earnings - But Analysts Have Updated Their ModelsFebruary 2, 2024 | finance.yahoo.comCore Laboratories N.V. (NYSE:CLB) Q4 2023 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 Earnings1/31/2024Ex-Dividend for 3/4 Dividend2/09/2024Dividend Payable3/04/2024Today4/17/2024Next Earnings (Confirmed)4/24/2024Fiscal 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$18.50 High Stock Price Target$21.00 Low Stock Price Target$16.00 Potential Upside/Downside+10.7%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.86 Trailing P/E Ratio19.43 Forward P/E Ratio20.63 P/E Growth0.54Net Income$36.67 million Net Margins8.03% Pretax Margin8.08% Return on Equity15.19% Return on Assets5.62% Debt Debt-to-Equity Ratio0.71 Current Ratio2.53 Quick Ratio1.72 Sales & Book Value Annual Sales$509.79 million Price / Sales1.54 Cash Flow$1.02 per share Price / Cash Flow16.37 Book Value$4.92 per share Price / Book3.40Miscellaneous Outstanding Shares46,860,000Free Float46,508,000Market Cap$783.03 million OptionableOptionable Beta2.40 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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. Kevin G. Daniels (Age 60)Chief Accounting Officer, Treasurer & VP Mr. Jacobus Schouten (Age 69)Managing Director Comp: $26.35kJ. Donald Dumas Jr.Senior VP of Production Enhancement & Business DevelopmentMore ExecutivesKey CompetitorsNational Energy Services ReunitedNASDAQ:NESRProPetroNYSE:PUMPProFracNASDAQ:PFHCProFracNASDAQ:ACDCCSI CompresscoNASDAQ:CCLPView All CompetitorsInstitutional OwnershipCongress Asset Management Co. MABought 240,989 shares on 4/11/2024Ownership: 3.429%Partnership Wealth Management LLCBought 1,371 shares on 4/10/2024Ownership: 0.268%Ridgewood Investments LLCBought 19,269 shares on 4/10/2024Ownership: 0.070%CWM LLCBought 3,300 shares on 4/5/2024Ownership: 0.008%GAMMA Investing LLCBought 857 shares on 4/5/2024Ownership: 0.008%View All Institutional Transactions CLB Stock Analysis - Frequently Asked Questions Should I buy or sell Core Laboratories stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CLB shares. View CLB analyst ratings or view top-rated stocks. What is Core Laboratories' stock price target for 2024? 4 analysts have issued 12 month price objectives for Core Laboratories' shares. Their CLB share price targets range from $16.00 to $21.00. On average, they anticipate the company's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View analysts price targets for CLB or view top-rated stocks among Wall Street analysts. How have CLB shares performed in 2024? Core Laboratories' stock was trading at $17.66 at the start of the year. Since then, CLB shares have decreased by 5.4% and is now trading at $16.71. View the best growth stocks for 2024 here. Are investors shorting Core Laboratories? Core Laboratories saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,590,000 shares, an increase of 10.0% from the March 15th total of 5,990,000 shares. Based on an average daily volume of 474,000 shares, the days-to-cover ratio is presently 13.9 days. Currently, 14.2% of the shares of the stock are sold short. View Core Laboratories' Short Interest. When is Core Laboratories' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our CLB earnings forecast. How can I listen to Core Laboratories' earnings call? Core Laboratories will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Core Laboratories' earnings last quarter? Core Laboratories Inc. (NYSE:CLB) issued its quarterly earnings results on Wednesday, January, 31st. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.01. The oil and gas company had revenue of $128.21 million for the quarter, compared to analysts' expectations of $127.80 million. Core Laboratories had a trailing twelve-month return on equity of 15.19% and a net margin of 8.03%. During the same quarter in the prior year, the firm earned $0.23 EPS. How often does Core Laboratories pay dividends? What is the dividend yield for Core Laboratories? Core Laboratories declared a quarterly dividend on Wednesday, January 31st. Stockholders of record on Monday, February 12th will be given a dividend of $0.01 per share on Monday, March 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.24%. The ex-dividend date is Friday, February 9th. Read our dividend analysis for CLB. Is Core Laboratories a good dividend stock? Core Laboratories (NYSE:CLB) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.23%. The dividend payout ratio is 4.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CLB will have a dividend payout ratio of 3.64% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CLB. What ETFs hold Core Laboratories' stock? ETFs with the largest weight of Core Laboratories (NYSE:CLB) stock in their portfolio include Cultivar ETF (CVAR), Alger Weatherbie Enduring Growth ETF (AWEG), Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), iShares U.S. Oil Equipment & Services ETF (IEZ) and Direxion Daily Oil Services Bull 2X Shares (ONG).VanEck Oil Services ETF (OIH). What guidance has Core Laboratories issued on next quarter's earnings? Core Laboratories updated its first quarter earnings guidance on Wednesday, January, 31st. The company provided earnings per share guidance of $0.14-0.18 for the period, compared to the consensus EPS estimate of $0.17. The company issued revenue guidance of $122-128 million, compared to the consensus revenue estimate of $126.23 million. 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. 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 Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Starbucks (SBUX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Endologix (ELGX), Intel (INTC), Netflix (NFLX), AT&T (T) and Gilead Sciences (GILD). Who are Core Laboratories' major shareholders? Core Laboratories' stock is owned by a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (3.43%), Confluence Investment Management LLC (0.31%), Partnership Wealth Management LLC (0.27%), Ridgewood Investments LLC (0.07%), CWM LLC (0.01%) and GAMMA Investing LLC (0.01%). 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. This page (NYSE:CLB) was last updated on 4/18/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap Profits[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe “Perfect Storm” for GoldGold Safe ExchangeTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBiden out June 13; Kamala won’t replace him?Paradigm PressYour Money is Not SafeAmerican AlternativeUrgent alert: open this for a huge profit potentialTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Core Laboratories Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.