Core Laboratories (NYSE:CLB) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Core Laboratories Inc. (NYSE:CLB) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.08 and traded as high as $16.70. Core Laboratories shares last traded at $16.3410, with a volume of 247,066 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Core Laboratories in a research note on Friday, March 27th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $12.50.

Core Laboratories Price Performance

The stock has a market cap of $752.50 million, a P/E ratio of 24.39, a P/E/G ratio of 14.25 and a beta of 1.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.02 and a quick ratio of 1.51. The company’s 50 day simple moving average is $17.53 and its 200 day simple moving average is $16.10.

Core Laboratories (NYSE:CLB) last issued its quarterly earnings results on Wednesday, February 4th. The oil and gas company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. Core Laboratories had a return on equity of 12.18% and a net margin of 6.04%.The company had revenue of $138.26 million for the quarter, compared to analysts’ expectations of $130.40 million. During the same quarter last year, the business earned $0.22 earnings per share. Core Laboratories’s revenue was up 7.0% on a year-over-year basis. Core Laboratories has set its Q1 2026 guidance at 0.110-0.150 EPS. As a group, equities analysts forecast that Core Laboratories Inc. will post 0.96 earnings per share for the current year.

Core Laboratories Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 16th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 13th. Core Laboratories’s dividend payout ratio is 5.97%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Ariel Investments LLC lifted its stake in Core Laboratories by 25.5% during the second quarter. Ariel Investments LLC now owns 12,976,463 shares of the oil and gas company’s stock worth $149,489,000 after purchasing an additional 2,634,438 shares during the last quarter. Disciplined Growth Investors Inc. MN lifted its position in shares of Core Laboratories by 9.7% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 5,969,860 shares of the oil and gas company’s stock worth $73,787,000 after buying an additional 528,976 shares during the last quarter. Vanguard Group Inc. boosted its stake in Core Laboratories by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 3,079,882 shares of the oil and gas company’s stock valued at $49,371,000 after buying an additional 32,492 shares in the last quarter. State Street Corp grew its position in Core Laboratories by 3.3% in the fourth quarter. State Street Corp now owns 2,041,740 shares of the oil and gas company’s stock valued at $32,729,000 after acquiring an additional 64,831 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Core Laboratories by 10.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,229,611 shares of the oil and gas company’s stock valued at $19,711,000 after acquiring an additional 118,535 shares during the last quarter. 97.81% of the stock is owned by institutional investors.

Core Laboratories Company Profile

Core Laboratories N.V. is a global provider of proprietary and patented reservoir description and production enhancement services to the oil and gas industry. The company applies specialized expertise in core and fluid analysis, advanced petrophysical interpretation, and reservoir engineering to optimize hydrocarbon recovery. By integrating laboratory testing with field services and digital analytics, Core Laboratories delivers insights that help operators maximize production and extend the life of their assets.

The company’s portfolio spans two primary service lines: reservoir description and production enhancement.