Sidoti Csr Issues Negative Estimate for Civeo Earnings

Civeo Corporation (NYSE:CVEO) – Equities research analysts at Sidoti Csr reduced their Q1 2026 earnings per share estimates for shares of Civeo in a report issued on Tuesday, February 3rd. Sidoti Csr analyst S. Ferazani now forecasts that the business services provider will post earnings of ($0.52) per share for the quarter, down from their previous estimate of ($0.40). The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share. Sidoti Csr also issued estimates for Civeo’s Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.14 EPS, FY2026 earnings at ($0.48) EPS and FY2027 earnings at $0.49 EPS.

Several other research firms have also recently commented on CVEO. Stifel Nicolaus set a $33.00 price objective on shares of Civeo and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings restated a “sell (d)” rating on shares of Civeo in a report on Monday, December 29th. Wall Street Zen upgraded Civeo from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Zacks Research upgraded Civeo from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Civeo has a consensus rating of “Hold” and a consensus target price of $33.00.

Civeo Stock Performance

Shares of CVEO opened at $26.62 on Thursday. The firm has a market cap of $306.60 million, a P/E ratio of -12.61, a PEG ratio of 30.25 and a beta of 0.63. Civeo has a twelve month low of $18.01 and a twelve month high of $27.55. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.57 and a current ratio of 1.64. The firm’s 50 day moving average price is $23.79 and its two-hundred day moving average price is $23.07.

Institutional Trading of Civeo

A number of large investors have recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in shares of Civeo in the 2nd quarter valued at about $66,000. Quent Capital LLC bought a new stake in Civeo in the third quarter valued at approximately $79,000. Goldman Sachs Group Inc. acquired a new stake in shares of Civeo in the first quarter valued at approximately $204,000. XTX Topco Ltd acquired a new stake in shares of Civeo in the second quarter valued at approximately $255,000. Finally, Ritholtz Wealth Management bought a new position in shares of Civeo during the 2nd quarter worth approximately $748,000. Institutional investors and hedge funds own 81.44% of the company’s stock.

More Civeo News

Here are the key news stories impacting Civeo this week:

• Positive Sentiment: Civeo won a four‑year integrated services contract with Ontario’s Ministry of the Solicitor General to produce and deliver ~20,000 meals/day to ten correctional facilities (with transition starting before April 2026 and a two‑year extension option). This contract increases near‑term revenue visibility and recurring municipal/government backlog. BusinessWire Article
• Positive Sentiment: Sidoti raised its Q3 2026 EPS estimate (to $0.14 from $0.11) and lifted FY2027 EPS to $0.49 (from $0.39), signaling expectations for recovery and stronger profitability in 2027 — a bullish longer‑term earnings signal for investors focused on multi‑year recovery.
• Neutral Sentiment: Sidoti published a set of 2027 quarter estimates (Q1–Q4 2027) showing significant seasonality and improving quarters in 2027, which provide a roadmap to potential earnings normalization but are forward projections that carry model risk.
• Negative Sentiment: Sidoti cut near‑term forecasts: Q1 2026 was reduced to ($0.52) from ($0.40) and Q2 2026 to $0.15 from $0.33, while FY2026 EPS was cut sharply to ($0.48) from ($0.19). These downgrades point to expected weaker results in the remainder of FY2026 and raise near‑term execution/volume risk.

Civeo Company Profile

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.