Civeo Stock Forecast, Price & News

Civeo's stock was trading at $9.0372 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CVEO shares have increased by 70.4% and is now trading at $15.40.
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1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civeo in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Civeo or view MarketBeat's top 5 stock picks.

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Civeo is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Civeo.

Civeo Co. (NYSE:CVEO) posted its quarterly earnings data on Wednesday, October, 28th. The business services provider reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of ($0.60) by $0.96. Civeo had a negative net margin of 30.10% and a positive return on equity of 0.38%.
View Civeo's earnings history.

Civeo's stock reverse split 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 Civeo stock prior to the reverse split would have 8 shares after the split.

Civeo updated its FY 2020 Pre-Market earnings guidance on Wednesday, October, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $515-520 million, compared to the consensus revenue estimate of $483.8 million.

1 equities research analysts have issued 1-year price objectives for Civeo's shares. Their forecasts range from $9.60 to $9.60. On average, they expect Civeo's stock price to reach $9.60 in the next year. This suggests that the stock has a possible downside of 37.7%.
View analysts' price targets for Civeo.

Civeo saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 308,400 shares, a decrease of 23.4% from the October 31st total of 402,500 shares. Based on an average daily volume of 50,100 shares, the days-to-cover ratio is currently 6.2 days.
View Civeo's Short Interest.

Some companies that are related to Civeo include H.I.S. (HISJF), iHeartMedia (IHRT), IMAX (IMAX), Perdoceo Education (PRDO), OneSpaWorld (OSW), Delta Galil Industries (DELTY), Bright Scholar Education (BEDU), Promotora de Informaciones (PRISY), Playa Hotels & Resorts (PLYA), MSG Networks (MSGN), WideOpenWest (WOW), SP Plus (SP), Corus Entertainment (CJREF), Lindblad Expeditions (LIND) and Hudson (HUD).
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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), Pacific Ethanol (PEIX), Sorrento Therapeutics (SRNE), Inovio Pharmaceuticals (INO), Maxar Technologies (MAXR), Marvell Technology Group (MRVL) and The Boeing (BA).

Civeo trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVEO."

Civeo's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include New Generation Advisors LLC (2.68%), Mad River Investors (2.58%), Raymond James & Associates (0.42%), Connor Clark & Lunn Investment Management Ltd. (0.34%), Morgan Stanley (0.12%) and GSA Capital Partners LLP (0.07%). Company insiders that own Civeo stock include Allan Schoening, Bradley J Dodson, Martin Lambert and Peter Mccann.
View institutional ownership trends for Civeo.

CVEO stock was sold by a variety of institutional investors in the last quarter, including Mad River Investors, and Raymond James & Associates. Company insiders that have sold Civeo company stock in the last year include Allan Schoening, Bradley J Dodson, and Peter Mccann.
View insider buying and selling activity for Civeo.

CVEO stock was acquired by a variety of institutional investors in the last quarter, including New Generation Advisors LLC, GSA Capital Partners LLP, Morgan Stanley, JPMorgan Chase & Co., Arrowstreet Capital Limited Partnership, Connor Clark & Lunn Investment Management Ltd., and WINTON GROUP Ltd. Company insiders that have bought Civeo stock in the last two years include Bradley J Dodson, and Martin Lambert.
View insider buying and selling activity for Civeo.

Shares of CVEO 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.

One share of CVEO stock can currently be purchased for approximately $15.40.

Civeo has a market capitalization of $218.82 million and generates $527.55 million in revenue each year. The business services provider earns $-58,490,000.00 in net income (profit) each year or ($2.76) on an earnings per share basis. Civeo employs 2,450 workers across the globe.

The official website for Civeo is www.civeo.com.

Civeo's mailing address is THREE ALLEN CENTER 333 CLAY STREET SUITE 4980, HOUSTON TX, 77002. The business services provider can be reached via phone at 713-510-2400 or via email at [email protected]