Core Laboratories (NYSE:CLB) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Core Laboratories Inc. (NYSE:CLB)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.10 and traded as high as $18.78. Core Laboratories shares last traded at $18.3150, with a volume of 312,640 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Core Laboratories in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.50.

Core Laboratories Stock Down 0.6%

The company’s 50 day simple moving average is $18.23 and its 200-day simple moving average is $15.10. The company has a current ratio of 2.07, a quick ratio of 1.57 and a debt-to-equity ratio of 0.39. The firm has a market cap of $852.75 million, a P/E ratio of 27.34, a PEG ratio of 16.07 and a beta of 1.09.

Core Laboratories (NYSE:CLB) last released its quarterly earnings data on Wednesday, February 4th. The oil and gas company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $138.26 million during the quarter, compared to analysts’ expectations of $130.40 million. Core Laboratories had a net margin of 6.04% and a return on equity of 12.09%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 earnings per share. Core Laboratories has set its Q1 2026 guidance at 0.110-0.150 EPS. Research analysts forecast that Core Laboratories Inc. will post 0.96 earnings per share for the current fiscal year.

Core Laboratories Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 16th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. Core Laboratories’s payout ratio is presently 5.97%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Aster Capital Management DIFC Ltd purchased a new stake in shares of Core Laboratories during the 4th quarter valued at about $34,000. Quarry LP grew its position in Core Laboratories by 118.1% during the third quarter. Quarry LP now owns 2,953 shares of the oil and gas company’s stock valued at $36,000 after buying an additional 1,599 shares during the period. CWM LLC increased its holdings in Core Laboratories by 36.1% during the fourth quarter. CWM LLC now owns 2,516 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 668 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Core Laboratories by 124.7% during the fourth quarter. Hantz Financial Services Inc. now owns 3,177 shares of the oil and gas company’s stock valued at $51,000 after buying an additional 1,763 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Core Laboratories by 73.3% in the fourth quarter. GAMMA Investing LLC now owns 5,157 shares of the oil and gas company’s stock worth $83,000 after acquiring an additional 2,181 shares during the period. 97.81% of the stock is owned by hedge funds and other 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.