Is Civeo Corp Stock a Good Investment?
Civeo Corp Investment Advice | CVEO |
- Examine Civeo Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Civeo Corp's leadership team and their track record. Good management can help Civeo Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Commercial Services & Supplies space and any emerging trends that could impact Civeo Corp's business and its evolving consumer preferences.
- Compare Civeo Corp's performance and market position to its competitors. Analyze how Civeo Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Civeo Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Civeo Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Civeo Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Civeo Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Civeo Corp Stock
Researching Civeo Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.17. Some equities with similar Price to Book (P/B) outperform the market in the long run. Civeo Corp last dividend was issued on the 25th of November 2024. The entity had 1:12 split on the 20th of November 2020.
To determine if Civeo Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Civeo Corp's research are outlined below:
| Civeo Corp generated a negative expected return over the last 90 days | |
| Civeo Corp is unlikely to experience financial distress in the next 2 years | |
| Civeo Corp has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Investors Shouldnt Be Too Comfortable With Civeos Earnings |
Civeo Corp Quarterly Cost Of Revenue |
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Civeo Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Civeo Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Civeo Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Civeo Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Civeo Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-10-28 | 2022-09-30 | 0.23 | 0.32 | 0.09 | 39 | ||
2021-04-30 | 2021-03-31 | -0.56 | -0.7 | -0.14 | 25 | ||
2024-04-26 | 2024-03-31 | -0.2 | -0.35 | -0.15 | 75 | ||
2023-04-28 | 2023-03-31 | -0.26 | -0.42 | -0.16 | 61 | ||
2021-10-28 | 2021-09-30 | 0.25 | 0.03 | -0.22 | 88 | ||
2019-04-26 | 2019-03-31 | -1.08 | -1.32 | -0.24 | 22 | ||
2019-02-26 | 2018-12-31 | -1.2 | -0.96 | 0.24 | 20 | ||
2016-07-28 | 2016-06-30 | -1.56 | -1.32 | 0.24 | 15 |
Know Civeo Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Civeo Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Civeo Corp backward and forwards among themselves. Civeo Corp's institutional investor refers to the entity that pools money to purchase Civeo Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bridgeway Capital Management, Llc | 2024-06-30 | 168.3 K | Hillsdale Investment Management Inc. | 2024-09-30 | 149.8 K | Boston Partners Global Investors, Inc | 2024-06-30 | 123.8 K | Two Sigma Advisers, Llc | 2024-06-30 | 107 K | Uniplan Investment Counsel, Inc. | 2024-06-30 | 103.5 K | Royce & Associates, Lp | 2024-09-30 | 93.9 K | Two Sigma Investments Llc | 2024-06-30 | 92.4 K | Empowered Funds, Llc | 2024-06-30 | 91 K | Balyasny Asset Management Llc | 2024-06-30 | 86.4 K | Horizon Asset Management Inc/ny | 2024-09-30 | 3.3 M | Fmr Inc | 2024-09-30 | 1.5 M |
Civeo Corp's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 329.72 M.Market Cap |
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Civeo Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.09 | 0.10 |
Determining Civeo Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Civeo Corp is a good buy. For example, gross profit margin measures Civeo Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Civeo Corp's profitability and make more informed investment decisions.
Civeo Corp's Earnings Breakdown by Geography
Evaluate Civeo Corp's management efficiency
Civeo Corp has return on total asset (ROA) of 0.0175 % which means that it generated a profit of $0.0175 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.068 %, meaning that it created $0.068 on every $100 dollars invested by stockholders. Civeo Corp's management efficiency ratios could be used to measure how well Civeo Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Civeo Corp's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Fixed Asset Turnover is likely to grow to 2.60, while Other Current Assets are likely to drop about 14.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 21.67 | 20.59 | |
| Tangible Book Value Per Share | 15.92 | 15.13 | |
| Enterprise Value Over EBITDA | 4.27 | 4.06 | |
| Price Book Value Ratio | 1.06 | 0.91 | |
| Enterprise Value Multiple | 4.27 | 4.06 | |
| Price Fair Value | 1.06 | 0.91 | |
| Enterprise Value | 678.8 M | 1.3 B |
Civeo Corp benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield 0.0417 | Forward Dividend Yield 0.0417 | Forward Dividend Rate 1 | Beta 2.062 |
Basic technical analysis of Civeo Stock
As of the 22nd of November, Civeo Corp shows the Mean Deviation of 1.39, risk adjusted performance of (0.05), and Standard Deviation of 1.9. Civeo Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Civeo Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Civeo Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Civeo Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Civeo Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Civeo Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Civeo Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.39 | |||
| Coefficient Of Variation | (1,283) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.59 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 11.81 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.24 | |||
| Skewness | (1.23) | |||
| Kurtosis | 4.46 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.39 | |||
| Coefficient Of Variation | (1,283) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.59 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 11.81 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.24 | |||
| Skewness | (1.23) | |||
| Kurtosis | 4.46 |
Consider Civeo Corp's intraday indicators
Civeo Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Civeo Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Civeo Corp Corporate Filings
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 20th of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 10th of July 2024 An amended filing to the original Schedule 13G | ViewVerify |
Civeo Stock media impact
Far too much social signal, news, headlines, and media speculation about Civeo Corp that are available to investors today. That information is available publicly through Civeo media outlets and privately through word of mouth or via Civeo internal channels. However, regardless of the origin, that massive amount of Civeo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Civeo Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Civeo Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Civeo Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Civeo Corp alpha.
Civeo Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Civeo Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Civeo Corp Corporate Management
| Barclay Brewer | Controller, VP | Profile | |
| Peter McCann | Senior Vice President - Australia | Profile | |
| Timothy Wall | Independent Director | Profile | |
| C Blankenship | Independent Director | Profile | |
| Martin Lambert | Independent Director | Profile | |
| Constance Moore | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civeo Corp. If investors know Civeo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Civeo Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.878 | Dividend Share 1 | Earnings Share 1.4 | Revenue Per Share 48.289 | Quarterly Revenue Growth (0.04) |
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Civeo Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.