NYSE:CVEOCiveo Stock Price, Forecast & News

Civeo's stock was trading at $0.7531 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CVEO stock has decreased by 28.3% and is now trading at $0.54. View which stocks have been most impacted by Coronavirus.

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.

Civeo is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Civeo.

Civeo Corp (NYSE:CVEO) released its quarterly earnings results on Thursday, May, 7th. The business services provider reported ($0.01) EPS for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.06. The business services provider earned $138.79 million during the quarter, compared to the consensus estimate of $139.90 million. Civeo had a negative return on equity of 5.46% and a negative net margin of 33.62%. View Civeo's earnings history.

1 analysts have issued 12-month price targets for Civeo's shares. Their forecasts range from $0.75 to $0.75. On average, they anticipate Civeo's share price to reach $0.75 in the next year. This suggests a possible upside of 38.9% from the stock's current price. View analysts' price targets for Civeo.

Media headlines about CVEO stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Civeo earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Civeo.

Civeo saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 598,000 shares, a decline of 29.3% from the June 15th total of 845,400 shares. Based on an average daily volume of 679,800 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are sold short. View Civeo's Current Options Chain.

Some companies that are related to Civeo include Hemisphere Media Group (HMTV), Starco Brands (STCB), Lindblad Expeditions (LIND), Casa Systems (CASA), Mastercraft Boat (MCFT), Tribune Publishing (TPCO), Empire Resorts (NYNY), NexPoint Real Estate Finance (ONEW), Clarus (CLAR), Caleres (CAL), Phoenix Tree (LIZI), Funko (FNKO), Kandi Technologies Group (KNDI), Livexlive Media (LIVX) and Golden Entertainment (GDEN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Civeo investors own include Freeport-McMoRan (FCX), General Electric (GE), Micron Technology (MU), Achillion Pharmaceuticals (ACHN), Delta Air Lines (DAL), Halliburton (HAL), IBM (IBM), Ring Energy (REI), Ring Energy (REI) and Schlumberger (SLB).

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

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 $0.54.

Civeo has a market capitalization of $92.15 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.

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]