NYSE:CVEO - Civeo Stock Price, Forecast & News

Civeo's stock was trading at $0.7531 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CVEO stock has decreased by 45.7% and is now trading at $0.4088. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civeo in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Civeo.

Civeo is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Civeo.

Civeo Corp (NYSE:CVEO) released its quarterly earnings results on Thursday, February, 27th. The business services provider reported ($0.19) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by $0.11. The business services provider had revenue of $148.69 million for the quarter, compared to analysts' expectations of $130.20 million. Civeo had a negative net margin of 11.09% and a negative return on equity of 8.13%. View Civeo's earnings history.

Civeo issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $560-576 million, compared to the consensus revenue estimate of $582.95 million.

1 brokers have issued twelve-month price targets for Civeo's shares. Their forecasts range from $4.00 to $4.00. On average, they expect Civeo's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 878.5% from the stock's current price. View analysts' price targets for Civeo.

Press coverage about CVEO stock has trended very positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring 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 positive five, with scores closest to five being the most favorable. Civeo earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutCiveo.

Civeo saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 804,200 shares, an increase of 54.7% from the February 27th total of 519,800 shares. Based on an average daily trading volume, of 589,100 shares, the short-interest ratio is currently 1.4 days. Currently, 0.6% of the company's shares are sold short. View Civeo's Current Options Chain.

Some companies that are related to Civeo include RISE Education Cayman (REDU), Clarus (CLAR), Lindblad Expeditions (LIND), Delta Galil Industries (DELTY), Tribune Publishing (TPCO), Caleres (CAL), Entercom Communications (ETM), Golden Entertainment (GDEN), Funko (FNKO), Weyco Group (WEYS), NACCO Industries (NC), Hooker Furniture (HOFT), Eros International (EROS), Universal Technical Institute (UTI) and Emerald Expositions Events (EEX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Civeo investors own include Freeport-McMoRan (FCX), Achillion Pharmaceuticals (ACHN), Biogen (BIIB), Bank of America (BAC), General Electric (GE), Honeywell International (HON), Pfizer (PFE), Schlumberger (SLB), Jaguar Health (JAGX) and Micron Technology (MU).

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

Civeo's stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.73%), Prescott Group Capital Management L.L.C. (3.90%), Mad River Investors (2.52%), Oasis Management Co Ltd. (0.88%), Weber Alan W (0.78%) and Raymond James & Associates (0.41%). Company insiders that own Civeo stock include 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 State Street Corp, Raymond James & Associates, PNC Financial Services Group Inc., California Public Employees Retirement System, and Ancora Advisors LLC. View insider buying and selling activity for Civeo.

CVEO stock was bought by a variety of institutional investors in the last quarter, including Oasis Management Co Ltd., Weber Alan W, Renaissance Technologies LLC, Mad River Investors, Prescott Group Capital Management L.L.C., Marshall Wace LLP, Connor Clark & Lunn Investment Management Ltd., and Connor Clark & Lunn Investment Management 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 $0.41.

Civeo has a market capitalization of $69.36 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 ($0.23) on an earnings per share basis. Civeo employs 2,200 workers across the globe. View additional information about Civeo.

The official website for Civeo is http://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]