Brokers Issue Forecasts for Civeo’s Q1 Earnings (NYSE:CVEO)

Civeo Corporation (NYSE:CVEO) – Equities researchers at Sidoti Csr issued their Q1 2027 EPS estimates for Civeo in a note issued to investors on Tuesday, February 3rd. Sidoti Csr analyst S. Ferazani expects that the business services provider will post earnings of ($0.36) per share for the quarter. The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share. Sidoti Csr also issued estimates for Civeo’s Q2 2027 earnings at $0.43 EPS, Q3 2027 earnings at $0.42 EPS and Q4 2027 earnings at $0.01 EPS.

CVEO has been the subject of several other research reports. Wall Street Zen raised Civeo from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings restated a “sell (d)” rating on shares of Civeo in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of Civeo from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Civeo has a consensus rating of “Hold” and a consensus target price of $27.00.

Civeo Price Performance

Shares of Civeo stock opened at $25.82 on Wednesday. The company has a fifty day moving average price of $23.62 and a 200 day moving average price of $23.02. The company has a current ratio of 1.64, a quick ratio of 1.57 and a debt-to-equity ratio of 1.03. Civeo has a twelve month low of $18.01 and a twelve month high of $27.55. The stock has a market cap of $297.45 million, a price-to-earnings ratio of -12.24, a price-to-earnings-growth ratio of 29.79 and a beta of 0.63.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. State of Wyoming bought a new stake in shares of Civeo in the 2nd quarter worth about $66,000. Quent Capital LLC acquired a new position in Civeo in the third quarter worth about $79,000. Goldman Sachs Group Inc. bought a new stake in Civeo in the first quarter valued at about $204,000. XTX Topco Ltd acquired a new stake in Civeo during the second quarter valued at approximately $255,000. Finally, Ritholtz Wealth Management bought a new position in Civeo during the 2nd quarter worth approximately $748,000. 81.44% of the stock is currently owned by institutional investors.

About Civeo

Civeo Corporation is a leading provider of workforce accommodations and integrated facility management services, primarily serving the oil and gas, mining, and construction sectors. The company specializes in the development, ownership, and operation of remote lodging facilities, commonly known as “man camps,” designed to house workers in geographically challenging environments. Its services include turnkey accommodations, catering, housekeeping, grounds maintenance, and logistical support, tailored to meet the needs of large-scale energy and resource projects.

With a network of lodges and villages across North America and Australia, Civeo caters to clients operating in regions such as Alberta’s oil sands, the Bakken shale play, and Australia’s Pilbara and Bowen Basin mining districts.