Core Laboratories Stock Forecast, Price & News

$42.45
-2.65 (-5.88 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$40.45
$45.38
50-Day Range
$26.20
$48.31
52-Week Range
$13.43
$49.87
Volume669,449 shs
Average Volume491,137 shs
Market Capitalization$1.97 billion
P/E Ratio101.07
Dividend Yield0.09%
Beta3.31
30 days | 90 days | 365 days | Advanced Chart
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Core Laboratories logo

About Core Laboratories

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. 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. It offers laboratory-based analytical and field services to characterize properties of crude oil and petroleum products; and proprietary and joint industry studies. The Production Enhancement segment offers services and products relating to reservoir well completions, perforations, stimulations, and production. 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 N.V. was founded in 1936 and is based in Amstelveen, the Netherlands.

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MarketRank

Overall MarketRank

1.64 out of 5 stars

Oils/Energy Sector

111th out of 687 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

4th out of 46 stocks

Analyst Opinion: 0.9Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Core Laboratories (NYSE:CLB) Frequently Asked Questions

Is Core Laboratories a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last year. There are currently 3 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Core Laboratories stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLB, but not buy additional shares or sell existing shares.
View analyst ratings for Core Laboratories
or view top-rated stocks.

What stocks does MarketBeat like better than Core Laboratories?

Wall Street analysts have given Core Laboratories a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Core Laboratories wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Core Laboratories' next earnings date?

Core Laboratories is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Core Laboratories
.

How were Core Laboratories' earnings last quarter?

Core Laboratories (NYSE:CLB) announced its quarterly earnings data on Tuesday, April, 20th. The oil and gas company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.02. The oil and gas company had revenue of $108.40 million for the quarter, compared to the consensus estimate of $112.19 million. Core Laboratories had a net margin of 4.26% and a trailing twelve-month return on equity of 31.69%. Core Laboratories's revenue for the quarter was down 28.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share.
View Core Laboratories' earnings history
.

How has Core Laboratories' stock price been impacted by COVID-19?

Core Laboratories' stock was trading at $10.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CLB shares have increased by 288.4% and is now trading at $42.45.
View which stocks have been most impacted by COVID-19
.

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

Core Laboratories announced a quarterly dividend on Friday, April 23rd. Investors of record on Monday, May 3rd will be given a dividend of $0.01 per share on Tuesday, May 18th. This represents a $0.04 annualized dividend and a yield of 0.09%. The ex-dividend date is Friday, April 30th.
View Core Laboratories' dividend history
.

Is Core Laboratories a good dividend stock?

Core Laboratories pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.09%. Core Laboratories does not yet have a strong track record of dividend growth. The dividend payout ratio of Core Laboratories is 5.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Core Laboratories will have a dividend payout ratio of 2.94% next year. This indicates that Core Laboratories will be able to sustain or increase its dividend.
View Core Laboratories' dividend history.

What price target have analysts set for CLB?

11 analysts have issued 1 year target prices for Core Laboratories' shares. Their forecasts range from $16.00 to $38.00. On average, they expect Core Laboratories' stock price to reach $26.11 in the next year. This suggests that the stock has a possible downside of 38.5%.
View analysts' price targets for Core Laboratories
or view top-rated stocks among Wall Street analysts.

Who are Core Laboratories' key executives?

Core Laboratories' management team includes the following people:
  • Mr. Lawrence V. Bruno, Chairman, CEO, Pres & COO (Age 61, Pay $1.19M)
  • Mr. Christopher Scott Hill, Sr. VP & CFO (Age 51, Pay $548.03k) (LinkedIn Profile)
  • Mr. Kevin G. Daniels, Chief Accounting Officer, Treasurer & VP (Age 57) (LinkedIn Profile)
  • Ms. Gwendolyn Y. Schreffler M.B.A., Sr. VP of Corp. Devel. & Investor Relations (LinkedIn Profile)
  • Mr. Mark F. Elvig, Sr. VP, Gen. Counsel & Sec. (Age 62) (LinkedIn Profile)
  • Mr. Jacobus Schouten, Managing Director (Age 66)
  • J. Donald Dumas Jr., Sr. VP of Production Enhancement & Bus. Devel. (LinkedIn Profile)

What is David M. Demshur's approval rating as Core Laboratories' CEO?

60 employees have rated Core Laboratories CEO David M. Demshur on Glassdoor.com. David M. Demshur has an approval rating of 36% among Core Laboratories' employees. This puts David M. Demshur in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Starbucks (SBUX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Endologix (ELGX), Intel (INTC), Netflix (NFLX), AT&T (T) and Gilead Sciences (GILD).

What is Core Laboratories' stock symbol?

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

Who are Core Laboratories' major shareholders?

Core Laboratories' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.78%), Earnest Partners LLC (9.26%), Fred Alger Management LLC (6.90%), Massachusetts Financial Services Co. MA (6.41%), Clearbridge Investments LLC (3.70%) and AKO Capital LLP (2.20%). Company insiders that own Core Laboratories stock include Gregory Barry Barnett, Jan Willem Sodderland, Lawrence Bruno and Mark F Elvig.
View institutional ownership trends for Core Laboratories
.

Which institutional investors are selling Core Laboratories stock?

CLB stock was sold by a variety of institutional investors in the last quarter, including AKO Capital LLP, Eaton Vance Management, Thrivent Financial for Lutherans, Van ECK Associates Corp, Disciplined Growth Investors Inc. MN, Renaissance Technologies LLC, Tudor Investment Corp Et Al, and Douglas Lane & Associates LLC.
View insider buying and selling activity for Core Laboratories
or view top insider-selling stocks.

Which institutional investors are buying Core Laboratories stock?

CLB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Fred Alger Management LLC, Amundi Asset Management US Inc., Edgestream Partners L.P., Ameriprise Financial Inc., Envestnet Asset Management Inc., BNP Paribas Arbitrage SA, and Dimensional Fund Advisors LP. Company insiders that have bought Core Laboratories stock in the last two years include Gregory Barry Barnett, Jan Willem Sodderland, and Lawrence Bruno.
View insider buying and selling activity for Core Laboratories
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Core Laboratories' stock price today?

One share of CLB stock can currently be purchased for approximately $42.45.

How much money does Core Laboratories make?

Core Laboratories has a market capitalization of $1.97 billion and generates $487.27 million in revenue each year. The oil and gas company earns $-97,640,000.00 in net income (profit) each year or $0.80 on an earnings per share basis.

How many employees does Core Laboratories have?

Core Laboratories employs 3,700 workers across the globe.

When was Core Laboratories founded?

Core Laboratories was founded in 1936.

What is Core Laboratories' official website?

The official website for Core Laboratories is www.corelab.com.

Where are Core Laboratories' headquarters?

Core Laboratories is headquartered at STRAWINSKYLAAN 913 TOWER A LEVEL 9, AMSTERDAM P7, 1077 XX.

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]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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