NYSE:CVEO Civeo (CVEO) Stock Forecast, Price & News $21.60 +0.94 (+4.55%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$20.91▼$21.7450-Day Range$18.36▼$21.7452-Week Range$17.87▼$36.88Volume42,617 shsAverage Volume74,645 shsMarket Capitalization$325.08 millionP/E RatioN/ADividend YieldN/APrice Target$31.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Civeo MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside43.5% Upside$31.00 Price TargetShort InterestHealthy1.28% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.98Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.31) to ($0.05) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsConsumer Discretionary Sector155th out of 261 stocksHotels, Rooming Houses, Camps, & Other Lodging Places Industry1st out of 3 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $31.00, Civeo has a forecasted upside of 43.5% from its current price of $21.60.Amount of Analyst CoverageCiveo has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.28% of the float of Civeo has been sold short.Short Interest Ratio / Days to CoverCiveo has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Civeo has recently decreased by 21.59%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCiveo does not currently pay a dividend.Dividend GrowthCiveo does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CVEO. Previous Next 3.3 News and Social Media Coverage News SentimentCiveo has a news sentiment score of 0.98. 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 higher news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Civeo this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Civeo to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Civeo insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.40% of the stock of Civeo is held by insiders.Percentage Held by Institutions88.27% of the stock of Civeo is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Civeo are expected to grow in the coming year, from ($0.31) to ($0.05) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Civeo is -24.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Civeo is -24.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCiveo has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Civeo (NYSE:CVEO) StockCiveo Corp. engages in the provision of workforce accommodations, logistics and facility management services to the natural resource industry. It operates through the following business segments: Canada, Australia, and U.S. The Canada segment provides accommodation services through lodges, open camps and mobile assets, which supports workforces from oil sands and in a variety of oil and natural gas drilling, mining and related natural resource applications, as well as disaster relief efforts. The Australia segment provides accommodations services on a day rate basis to mining and related service companies, such as construction contractors. The U.S. segment provides open camp facilities and highly mobile smaller camps that follow drilling rigs and completion crews as well as accommodation, office and storage modules that are placed on offshore drilling rigs and products platforms. The company was founded in 1977 and is headquartered in Houston, TX.Read More Receive CVEO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Civeo and its competitors with MarketBeat's FREE daily newsletter. Email Address CVEO Stock News HeadlinesJune 5, 2023 | finance.yahoo.comCiveo Corporation (NYSE:CVEO) is largely controlled by institutional shareholders who own 70% of the companyJune 1, 2023 | finance.yahoo.comHere’s Why Civeo Corporation (CVEO) Share DeclinedJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 21, 2023 | americanbankingnews.comCiveo (NYSE:CVEO) Research Coverage Started at StockNews.comMay 9, 2023 | finance.yahoo.comInvestors Will Want Civeo's (NYSE:CVEO) Growth In ROCE To PersistMay 2, 2023 | americanbankingnews.comCiveo (NYSE:CVEO) Given New $31.00 Price Target at Stifel NicolausMay 1, 2023 | finance.yahoo.comStonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q1April 26, 2023 | americanbankingnews.comCiveo (CVEO) Scheduled to Post Quarterly Earnings on FridayJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.April 21, 2023 | finance.yahoo.comCiveo (CVEO) Expected to Beat Earnings Estimates: Should You Buy?April 17, 2023 | finance.yahoo.comCiveo Announces First Quarter 2023 Earnings Conference CallApril 17, 2023 | ca.finance.yahoo.comCiveo Corporation (CVEO) Interactive Stock Chart - Yahoo FinanceApril 12, 2023 | finance.yahoo.comWhen Will Civeo Corporation (NYSE:CVEO) Become Profitable?March 29, 2023 | finance.yahoo.comStonegate Capital Partners Initiates Coverage on Civeo Corporation (CVEO)March 22, 2023 | finance.yahoo.comCiveo (NYSE:CVEO) shareholders have earned a 51% CAGR over the last three yearsMarch 6, 2023 | finance.yahoo.comShould You Hold Civeo Corporation (CVEO) for the Long Term?March 2, 2023 | finance.yahoo.comCiveo Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsFebruary 28, 2023 | msn.comEarnings Preview For CiveoFebruary 28, 2023 | finance.yahoo.comCiveo (CVEO) Reports Q4 Loss, Tops Revenue EstimatesFebruary 28, 2023 | finance.yahoo.comCiveo Reports Fourth Quarter and Full Year 2022 ResultsFebruary 15, 2023 | finance.yahoo.comCiveo Announces Fourth Quarter 2022 Earnings Conference CallJanuary 20, 2023 | finance.yahoo.comCiveo Corporation (CVEO) Stock Historical Prices & Data - Yahoo FinanceJanuary 12, 2023 | stocknews.comThe 2 Best Stocks to Purchase in January 2023December 14, 2022 | finance.yahoo.comWith 65% ownership, Civeo Corporation (NYSE:CVEO) boasts of strong institutional backingNovember 24, 2022 | finance.yahoo.comCiveo Corporation (NYSE:CVEO) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?November 15, 2022 | finance.yahoo.comCiveo Announces a 5-Year Integrated Services Contract Renewal with Expanded Scope in AustraliaNovember 7, 2022 | 247wallst.comLance Torgerson Cuts Stake in Civeo (CVEO)See More Headlines CVEO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CVEO Company Calendar Last Earnings4/28/2023Today6/07/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Hotels, rooming houses, camps, & other lodging places Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:CVEO CUSIPN/A CIK1590584 Webwww.civeo.com Phone(713) 510-2400Fax713-510-2499Employees1,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$31.00 High Stock Price Forecast$31.00 Low Stock Price Forecast$31.00 Forecasted Upside/Downside+46.0%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($0.87) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$4 million Net Margins-0.54% Pretax Margin0.31% Return on Equity0.26% Return on Assets0.13% Debt Debt-to-Equity Ratio0.41 Current Ratio1.54 Quick Ratio1.47 Sales & Book Value Annual Sales$697.05 million Price / Sales0.46 Cash Flow$7.45 per share Price / Cash Flow2.85 Book Value$22.15 per share Price / Book0.96Miscellaneous Outstanding Shares15,050,000Free Float14,537,000Market Cap$319.51 million OptionableOptionable Beta2.59 Key ExecutivesBradley J. DodsonPresident, Chief Executive Officer & DirectorCarolyn J. StoneChief Financial Officer, Treasurer & Senior VPAllan D. SchoeningSenior Vice President-CanadaPeter L. McCannSenior Vice President-AustraliaRegan NielsenSenior Director-Development & Investor RelationsKey CompetitorsSonderNASDAQ:SONDClarusNASDAQ:CLARKandi Technologies GroupNASDAQ:KNDIUrban OneNASDAQ:UONEDouYu InternationalNASDAQ:DOYUView All CompetitorsInsiders & InstitutionsHudson Bay Capital Management LPBought 450,219 shares on 5/16/2023Ownership: 2.992%Solas Capital Management LLCBought 123,600 shares on 5/16/2023Ownership: 0.821%Arrowstreet Capital Limited PartnershipSold 5,094 shares on 5/16/2023Ownership: 0.326%Squarepoint Ops LLCBought 13,103 shares on 5/16/2023Ownership: 0.087%Two Sigma Advisers LPSold 4,900 shares on 5/15/2023Ownership: 0.184%View All Insider TransactionsView All Institutional Transactions CVEO Stock - Frequently Asked Questions What is Civeo's stock price forecast for 2023? 0 Wall Street research analysts have issued 1 year price targets for Civeo's stock. Their CVEO share price forecasts range from $31.00 to $31.00. On average, they anticipate the company's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 46.0% from the stock's current price. View analysts price targets for CVEO or view top-rated stocks among Wall Street analysts. How have CVEO shares performed in 2023? Civeo's stock was trading at $31.10 at the beginning of the year. Since then, CVEO shares have decreased by 31.7% and is now trading at $21.23. View the best growth stocks for 2023 here. Are investors shorting Civeo? Civeo saw a decline in short interest in May. As of May 15th, there was short interest totaling 168,500 shares, a decline of 21.6% from the April 30th total of 214,900 shares. Based on an average daily trading volume, of 108,300 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.3% of the shares of the company are short sold. View Civeo's Short Interest. When is Civeo's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023. View our CVEO earnings forecast. How were Civeo's earnings last quarter? Civeo Co. (NYSE:CVEO) released its quarterly earnings results on Friday, April, 28th. The business services provider reported ($0.42) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by $0.16. The business services provider earned $167.59 million during the quarter, compared to analyst estimates of $157.04 million. Civeo had a positive trailing twelve-month return on equity of 0.26% and a negative net margin of 0.54%. When did Civeo's stock split? Shares of Civeo reverse split before market open on Friday, November 20th 2020. The 1-12 reverse split was announced on Monday, November 9th 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, November 19th 2020. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split. What guidance has Civeo issued on next quarter's earnings? Civeo issued an update on its FY 2023 earnings guidance on Friday, April, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $630.00 million-$650.00 million, compared to the consensus revenue estimate of $645.51 million. What is Bradley J. Dodson's approval rating as Civeo's CEO? 15 employees have rated Civeo Chief Executive Officer Bradley J. Dodson on Glassdoor.com. Bradley J. Dodson has an approval rating of 75% among the company's employees. What other stocks do shareholders of Civeo own? Based on aggregate information from My MarketBeat watchlists, some companies that other Civeo investors own include Novavax (NVAX), Co-Diagnostics (CODX), Livongo Health (LVGO), NVIDIA (NVDA), Alto Ingredients (PEIX), Sorrento Therapeutics (SRNE), Inovio Pharmaceuticals (INO), Maxar Technologies (MAXR), Marvell Technology (MRVL) and Boeing (BA). What is Civeo's stock symbol? Civeo trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVEO." Who are Civeo's major shareholders? Civeo's stock is owned by a variety of retail and institutional investors. Top institutional investors include Prescott Group Capital Management L.L.C. (5.58%), Renaissance Technologies LLC (4.08%), TCW Group Inc. (4.01%), Hudson Bay Capital Management LP (2.99%), Wellington Management Group LLP (2.59%) and Mad River Investors (2.27%). Insiders that own company stock include Allan Schoening, Bradley J Dodson, Constance B Moore, Lance Torgerson, Martin Lambert and Peter Mccann. View institutional ownership trends. How do I buy shares of Civeo? Shares of CVEO stock 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 Civeo's stock price today? One share of CVEO stock can currently be purchased for approximately $21.23. How much money does Civeo make? Civeo (NYSE:CVEO) has a market capitalization of $319.51 million and generates $697.05 million in revenue each year. The business services provider earns $4 million in net income (profit) each year or ($0.87) on an earnings per share basis. How many employees does Civeo have? The company employs 1,400 workers across the globe. How can I contact Civeo? Civeo's mailing address is THREE ALLEN CENTER 333 CLAY STREET SUITE 4980, HOUSTON TX, 77002. The official website for the company is www.civeo.com. The business services provider can be reached via phone at (713) 510-2400, via email at ir@civeo.com, or via fax at 713-510-2499. This page (NYSE:CVEO) was last updated on 6/7/2023 by MarketBeat.com Staff 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 Civeo Co. 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. 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