Sidoti Csr Brokers Boost Earnings Estimates for Civeo

Civeo Corporation (NYSE:CVEO) – Stock analysts at Sidoti Csr boosted their Q2 2026 EPS estimates for shares of Civeo in a research report issued on Monday, November 3rd. Sidoti Csr analyst S. Ferazani now expects that the business services provider will post earnings of $0.33 per share for the quarter, up from their previous estimate of $0.28. The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share.

Other analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Civeo in a research note on Wednesday, October 8th. Zacks Research downgraded shares of Civeo from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 15th. Finally, Wall Street Zen raised shares of Civeo from a “sell” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Civeo presently has an average rating of “Reduce” and a consensus price target of $27.00.

Civeo Trading Down 3.2%

NYSE CVEO opened at $22.45 on Tuesday. The stock has a 50-day simple moving average of $22.54 and a 200 day simple moving average of $22.40. The company has a market capitalization of $281.73 million, a PE ratio of -9.24 and a beta of 1.20. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.81. Civeo has a 12 month low of $18.01 and a 12 month high of $27.55.

Civeo (NYSE:CVEO) last issued its earnings results on Friday, October 31st. The business services provider reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.24). The business had revenue of $170.49 million for the quarter, compared to the consensus estimate of $177.04 million. Civeo had a negative net margin of 5.25% and a negative return on equity of 12.76%. Civeo has set its FY 2025 guidance at EPS.

Institutional Trading of Civeo

Large investors have recently bought and sold shares of the business. State of Wyoming bought a new stake in Civeo during the 2nd quarter worth approximately $66,000. Quent Capital LLC bought a new stake in shares of Civeo during the third quarter worth $79,000. Goldman Sachs Group Inc. bought a new stake in shares of Civeo during the first quarter worth $204,000. XTX Topco Ltd bought a new stake in shares of Civeo during the second quarter worth $255,000. Finally, Clough Capital Partners L P bought a new stake in shares of Civeo during the first quarter worth $728,000. 81.44% of the stock is owned by institutional investors.

About Civeo

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.