In the past week, CVEO stock has gone down by -18.40%, with a monthly decline of -7.21% and a quarterly plunge of -10.02%. The volatility ratio for the week is 4.38%, and the volatility levels for the last 30 days are 3.44% for Civeo Corp The simple moving average for the past 20 days is -11.34% for CVEO’s stock, with a -12.78% simple moving average for the past 200 days.
Is It Worth Investing in Civeo Corp (NYSE: CVEO) Right Now?
Civeo Corp (NYSE: CVEO) has a price-to-earnings ratio of 15.64x that is above its average ratio. Additionally, the 36-month beta value for CVEO is 1.99. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CVEO is 11.73M and currently, short sellers hold a 0.79% ratio of that float. The average trading volume of CVEO on February 28, 2025 was 88.24K shares.
CVEO) stock’s latest price update
Civeo Corp (NYSE: CVEO) has seen a decline in its stock price by -18.43 in relation to its previous close of 26.97. However, the company has experienced a -18.40% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-27 that Civeo Corporation (NYSE:CVEO ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Regan Nielsen – Vice President, Corporate Development & Investor Relations Bradley Dodson – President & Chief Executive Officer Collin Gerry – Chief Financial Officer & Treasurer Conference Call Participants Stephen Gengaro – Stifel Steve Ferazani – Sidoti Dave Storms – Stonegate Josh Jayne – Daniel Energy Partners Stephen Gengaro – Stifel Operator Greetings, and welcome to the Civeo Corporation Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Analysts’ Opinion of CVEO
Many brokerage firms have already submitted their reports for CVEO stocks, with RBC Capital Mkts repeating the rating for CVEO by listing it as a “Sector Perform.” The predicted price for CVEO in the upcoming period, according to RBC Capital Mkts is $3.50 based on the research report published on April 10, 2017 of the previous year 2017.
Scotia Howard Weil, on the other hand, stated in their research note that they expect to see CVEO reach a price target of $3, previously predicting the price at $4. The rating they have provided for CVEO stocks is “Sector Outperform” according to the report published on July 13th, 2016.
Scotia Howard Weil gave a rating of “Focus Stock” to CVEO, setting the target price at $4 in the report published on June 22nd of the previous year.
CVEO Trading at -7.45% from the 50-Day Moving Average
After a stumble in the market that brought CVEO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.93% of loss for the given period.
Volatility was left at 3.44%, however, over the last 30 days, the volatility rate increased by 4.38%, as shares sank -6.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.82% lower at present.
During the last 5 trading sessions, CVEO fell by -18.40%, which changed the moving average for the period of 200-days by -11.29% in comparison to the 20-day moving average, which settled at $24.82. In addition, Civeo Corp saw -3.17% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CVEO starting from Schoening Allan, who sale 5,000 shares at the price of $27.50 back on Aug 13 ’24. After this action, Schoening Allan now owns 16,146 shares of Civeo Corp, valued at $137,500 using the latest closing price.
McCann Peter, the SVP, Australia of Civeo Corp, sale 5,220 shares at $23.75 during a trade that took place back on Apr 30 ’24, which means that McCann Peter is holding 45,395 shares at $123,975 based on the most recent closing price.
Stock Fundamentals for CVEO
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.13 for the gross margin
The net margin for Civeo Corp stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 7.34, with 4.07 for asset returns.
Based on Civeo Corp (CVEO), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 1.94. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 1.57.
Currently, EBITDA for the company is 128.68 million with net debt to EBITDA at 0.5. When we switch over and look at the enterprise to sales, we see a ratio of 0.49. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
In conclusion, Civeo Corp (CVEO) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
