NYSE:CVEOCiveo Stock Price, Forecast & News

$0.51

-0.01 (-1.94 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$0.49

Now: $0.51▼

$0.52

50-Day Range

$0.35

MA: $0.46▼

$0.65

52-Week Range

$0.34

Now: $0.51▼

$1.81

Volume406,376 shs

Average Volume559,854 shs

Market Capitalization$86.24 million

P/E RatioN/A

Dividend YieldN/A

Beta3.81

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, the United States, and internationally. The company develops lodges and villages; and mobile accommodations, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It also offers food, housekeeping, and maintenance services, as well as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security, and logistics services; recreation facilities; and camp management services, including fresh water and sewage hauling services. In addition, the company provides site selection, permitting, engineering and designing, manufacturing management, and site construction services. It owns and operates 33 lodges and villages with approximately 33,000 rooms and a fleet of mobile accommodation assets. The company serves oil and natural gas, mining, and oilfield and mining service companies. The company is headquartered in Houston, Texas.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Civeo has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.38, Civeo has a potential upside of 369.9% from its current price of $0.51.
Amount of Analyst Coverage
Civeo has only been the subject of 1 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Civeo has received 239 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Civeo has received 228 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Civeo has received 51.18% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Civeo and other stocks. Vote “Outperform” if you believe CVEO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CVEO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Civeo does not currently pay a dividend.
Dividend Growth
Civeo does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Civeo insiders have bought more of their company's stock than they have sold. Specifically, they have bought $307,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.50% of the stock of Civeo is held by insiders.
Percentage Held by Institutions
63.16% of the stock of Civeo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Civeo are expected to grow in the coming year, from ($0.36) to ($0.31) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Civeo is -0.45, 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. Sector
The P/E ratio of Civeo is -0.45, 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 Ratio
Civeo has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.22 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Hotels, rooming houses, camps, & other lodging places

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:CVEO

Previous Symbol

CUSIPN/A

CIK1590584

Webwww.civeo.com

Phone713-510-2400

Debt

Debt-to-Equity Ratio1.26

Current Ratio1.19

Quick Ratio1.13

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$527.55 million

Price / Sales0.16

Cash Flow$0.51 per share

Price / Cash Flow1.00

Book Value$1.40 per share

Price / Book0.36

Profitability

EPS (Most Recent Fiscal Year)($0.23)

Net Income$-58,490,000.00

Net Margins-33.62%

Return on Equity-5.46%

Return on Assets-2.31%

Miscellaneous

Employees2,200

Outstanding Shares170,640,000

Market Cap$86.24 million

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Civeo (NYSE:CVEO) Frequently Asked Questions

How has Civeo's stock been impacted by COVID-19 (Coronavirus)?

Civeo's stock was trading at $0.7531 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVEO stock has decreased by 32.9% and is now trading at $0.5054. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Civeo?

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

When is Civeo's next earnings date?

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

How were Civeo's earnings last quarter?

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

What price target have analysts set for CVEO?

2 analysts have issued 12-month price targets for Civeo's stock. Their forecasts range from $0.75 to $4.00. On average, they expect Civeo's stock price to reach $2.38 in the next year. This suggests a possible upside of 369.9% from the stock's current price. View analysts' price targets for Civeo.

Has Civeo been receiving favorable news coverage?

News stories about CVEO stock have trended very negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Civeo earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutCiveo.

Who are some of Civeo's key competitors?

Some companies that are related to Civeo include Tribune Publishing (TPCO), Eros International (EROS), Playa Hotels & Resorts (PLYA), Golden Entertainment (GDEN), Empire Resorts (NYNY), Bluegreen Vacations (BXG), Clarus (CLAR), Caleres (CAL), Mastercraft Boat (MCFT), Funko (FNKO), Entercom Communications (ETM), Universal Technical Institute (UTI), NexPoint Real Estate Finance (ONEW), Hooker Furniture (HOFT) and RISE Education Cayman (REDU). View all competitors.

What other stocks do shareholders of Civeo own?

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).

Who are Civeo's key executives?

Civeo's management team includes the following people:

Mr. Bradley J. Dodson, CEO, Pres & Director (Age 45)
Mr. Frank C. Steininger, Exec. VP, CFO & Treasurer (Age 61)
Mr. Peter L. McCann, Sr. VP of Australia (Age 52)
Mr. Allan D. Schoening, Sr. VP of Canada (Age 60)
Collin Gerry, VP of Corp. Devel.

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 number of retail and institutional investors. Top institutional shareholders include Horizon Kinetics Asset Management LLC (24.90%), Prescott Group Capital Management L.L.C. (5.02%), Mad River Investors (2.66%), D.C. Capital Advisors Ltd (1.76%), Weber Alan W (1.25%) and RBF Capital LLC (0.95%). Company insiders that own Civeo stock include Bradley J Dodson, Martin Lambert and Peter Mccann. View institutional ownership trends for Civeo.

Which institutional investors are selling Civeo stock?

CVEO stock was sold by a variety of institutional investors in the last quarter, including Cloverdale Capital Management LLC, State Street Corp, RBF Capital LLC, Connor Clark & Lunn Investment Management Ltd., and Moors & Cabot Inc.. View insider buying and selling activity for Civeo.

Which institutional investors are buying Civeo stock?

CVEO stock was bought by a variety of institutional investors in the last quarter, including Horizon Kinetics Asset Management LLC, Prescott Group Capital Management L.L.C., Weber Alan W, Mad River Investors, Wedbush Securities Inc., HighTower Advisors LLC, JPMorgan Chase & Co., and Raymond James & Associates. 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.

How do I buy shares of 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.

What is Civeo's stock price today?

One share of CVEO stock can currently be purchased for approximately $0.51.

How big of a company is Civeo?

Civeo has a market capitalization of $86.24 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.

What is Civeo's official website?

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

How can I contact Civeo?

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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff