Civeo Stock Forecast, Price & News

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 11.0% and is now trading at $0.67.
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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.

Civeo is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020.
View our earnings forecast for Civeo.

Civeo Corp (NYSE:CVEO) released its quarterly earnings results on Wednesday, July, 29th. The business services provider reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.13. The business services provider had revenue of $114.70 million for the quarter, compared to analyst estimates of $92.40 million. Civeo had a negative return on equity of 0.23% and a negative net margin of 30.17%.
View Civeo's earnings history.

Civeo issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $476-486 million, compared to the consensus revenue estimate of $422.8 million.

1 equities research analysts have issued 1 year price targets for Civeo's shares. Their forecasts range from $0.80 to $0.80. On average, they expect Civeo's share price to reach $0.80 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price.
View analysts' price targets for Civeo.

Civeo saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 494,600 shares, an increase of 59.4% from the August 15th total of 310,300 shares. Based on an average daily volume of 824,100 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the shares of the company are sold short.
View Civeo's Short Interest.

Some companies that are related to Civeo include Corus Entertainment (CJREF), Lindblad Expeditions (LIND), WideOpenWest (WOW), SP Plus (SP), PCM (PCMI), Tribune Publishing (TPCO), Clarus (CLAR), American Public Education (APEI), China Online Education Group (COE), Golden Entertainment (GDEN), Kimball International (KBAL), Bluegreen Vacations (BXG), Duluth (DLTH), Interface (TILE) and Caleres (CAL).
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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), Delta Air Lines (DAL), Inovio Pharmaceuticals (INO), Maxar Technologies (MAXR) and Marvell Technology Group (MRVL).

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 $0.67.

Civeo has a market capitalization of $114.29 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]