NYSE:CLBCore Laboratories Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Core Laboratories Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.56 +0.25 (+2.42 %) (As of 04/7/2020 04:00 PM ET) Add Compare Share Today's Range$10.24Now: $10.56▼$11.0750-Day Range$7.99MA: $18.14▼$33.7552-Week Range$6.68Now: $10.56▼$75.63Volume102,636 shsAverage Volume2.82 million shsMarket Capitalization$469.29 millionP/E Ratio4.63Dividend Yield10.10%Beta2.35 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. It offers laboratory-based analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry; and proprietary and joint industry studies. The Production Enhancement segment comprises 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 Amsterdam, the Netherlands.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingCore Laboratories has received a consensus rating of Hold. The company's average rating score is 2.07, and is based on 2 buy ratings, 11 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.92, Core Laboratories has a potential upside of 202.3% from its current price of $10.56.Amount of Analyst CoverageCore Laboratories has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesCore Laboratories has received 463 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCore Laboratories has received 619 “underperform” votes. (Add your “underperform” vote.)Community SentimentCore Laboratories has received 57.21% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipCore Laboratories is a leading dividend payer. It pays a dividend yield of 10.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCore Laboratories does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Core Laboratories is 55.87 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Core Laboratories will have a dividend payout ratio of 138.89 % in the coming year. This indicates that Core Laboratories may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Core Laboratories insiders have bought more of their company's stock than they have sold. Specifically, they have bought $104,580.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.11% of the stock of Core Laboratories is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Core Laboratories are expected to decrease by -28.71% in the coming year, from $1.01 to $0.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Core Laboratories is 4.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Core Laboratories is 4.63, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.42.Price to Earnings Growth RatioCore Laboratories has a PEG Ratio of 9.58. 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 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CLB Previous Symbol CUSIPN/A CIK1000229 Webhttp://www.corelab.com/ Phone31-20-420-3191Debt Debt-to-Equity Ratio1.68 Current Ratio1.98 Quick Ratio1.53Price-To-Earnings Trailing P/E Ratio4.63 Forward P/E Ratio10.46 P/E Growth9.58 Sales & Book Value Annual Sales$668.21 million Price / Sales0.70 Cash Flow$2.46 per share Price / Cash Flow4.29 Book Value$4.10 per share Price / Book2.58Profitability EPS (Most Recent Fiscal Year)$1.79 Net Income$101.98 million Net Margins15.26% Return on Equity42.25% Return on Assets10.19%Miscellaneous Employees4,300 Outstanding Shares44,440,000Market Cap$469.29 million Next Earnings Date4/22/2020 (Confirmed) OptionableOptionable Receive CLB News and Ratings via Email Sign-up to receive the latest news and ratings for CLB and its competitors with MarketBeat's FREE daily newsletter. CLB Rates by TradingView Core Laboratories (NYSE:CLB) Frequently Asked Questions How has Core Laboratories' stock been impacted by COVID-19 (Coronavirus)? Core Laboratories' stock was trading at $10.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CLB stock has decreased by 3.4% and is now trading at $10.56. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Core Laboratories? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last year. There are currently 1 sell rating, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Core Laboratories. When is Core Laboratories' next earnings date? Core Laboratories is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Core Laboratories. How can I listen to Core Laboratories' earnings call? Core Laboratories will be holding an earnings conference call on Wednesday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Core Laboratories' earnings last quarter? Core Laboratories (NYSE:CLB) issued its earnings results on Wednesday, January, 29th. The oil and gas company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.01. The oil and gas company had revenue of $157 million for the quarter, compared to the consensus estimate of $155.31 million. Core Laboratories had a net margin of 15.26% and a return on equity of 42.25%. Core Laboratories's revenue was down 9.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.48 earnings per share. View Core Laboratories' earnings history. How often does Core Laboratories pay dividends? What is the dividend yield for Core Laboratories? Core Laboratories announced a quarterly dividend on Wednesday, January 15th. Investors of record on Friday, January 24th will be given a dividend of $0.25 per share on Friday, February 14th. This represents a $1.00 annualized dividend and a dividend yield of 9.47%. The ex-dividend date of this dividend is Thursday, January 23rd. View Core Laboratories' dividend history. What guidance has Core Laboratories issued on next quarter's earnings? Core Laboratories updated its first quarter earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) guidance of $0.39-0.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.39. The company issued revenue guidance of $159-164 million, compared to the consensus revenue estimate of $159.64 million. What price target have analysts set for CLB? 14 brokerages have issued twelve-month price objectives for Core Laboratories' stock. Their forecasts range from $7.50 to $77.00. On average, they anticipate Core Laboratories' share price to reach $31.92 in the next year. This suggests a possible upside of 202.3% from the stock's current price. View analysts' price targets for Core Laboratories. Has Core Laboratories been receiving favorable news coverage? Media stories about CLB stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Core Laboratories earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutCore Laboratories. Are investors shorting Core Laboratories? Core Laboratories saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 5,058,000 shares, an increase of 47.0% from the February 27th total of 3,440,000 shares. Based on an average trading volume of 965,500 shares, the short-interest ratio is currently 5.2 days. Currently, 11.6% of the company's stock are sold short. View Core Laboratories' Current Options Chain. Who are some of Core Laboratories' key competitors? Some companies that are related to Core Laboratories include SemGroup (SEMG), Franks International (FI), RPC (RES), National Energy Services Reunited (NESR), Propetro (PUMP), Hurricane Energy (HRCXF), NexTier Oilfield Solutions (NEX), Oceaneering International (OII), Liberty Oilfield Services (LBRT), Select Energy Services (WTTR), Helix Energy Solutions Group (HLX), Keane Group (FRAC), North American Construction Group (NOA), Superior Energy Services (SPNVD) and Ranger Energy Services (RNGR). 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), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Micron Technology (MU), AT&T (T), Baidu (BIDU), NIC (EGOV) and Gilead Sciences (GILD). Who are Core Laboratories' key executives? Core Laboratories' management team includes the following 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 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 number of retail and institutional investors. Top institutional investors include Kopion Asset Management LLC (0.10%). Company insiders that own Core Laboratories stock include Gregory Barry Barnett, Jan Willem Sodderland, Kevin Daniels, Lawrence Bruno and Mark F Elvig. View institutional ownership trends for Core Laboratories. Which major investors are buying Core Laboratories stock? CLB stock was bought by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC. 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. 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 $10.56. How big of a company is Core Laboratories? Core Laboratories has a market capitalization of $469.29 million and generates $668.21 million in revenue each year. The oil and gas company earns $101.98 million in net income (profit) each year or $1.79 on an earnings per share basis. Core Laboratories employs 4,300 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] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Fundamental Analysis and Choosing Stocks
