
Civeo Corporation (NYSE:CVEO – Free Report) – Stock analysts at Sidoti Csr issued their Q1 2027 EPS estimates for Civeo in a research note issued on Tuesday, February 3rd. Sidoti Csr analyst S. Ferazani forecasts that the business services provider will earn ($0.36) per share for the quarter. The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share. Sidoti Csr also issued estimates for Civeo’s Q2 2027 earnings at $0.43 EPS, Q3 2027 earnings at $0.42 EPS and Q4 2027 earnings at $0.01 EPS.
Several other brokerages have also recently commented on CVEO. Stifel Nicolaus set a $33.00 price target on shares of Civeo and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reiterated a “sell (d)” rating on shares of Civeo in a research note on Monday, December 29th. Zacks Research raised Civeo from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Finally, Wall Street Zen upgraded Civeo from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $33.00.
Civeo Trading Up 1.5%
Shares of CVEO stock opened at $26.62 on Wednesday. Civeo has a fifty-two week low of $18.01 and a fifty-two week high of $27.55. The company has a 50 day moving average price of $23.79 and a 200 day moving average price of $23.07. The stock has a market capitalization of $306.60 million, a P/E ratio of -12.61, a price-to-earnings-growth ratio of 30.25 and a beta of 0.63. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.57 and a current ratio of 1.64.
Hedge Funds Weigh In On Civeo
Institutional investors and hedge funds have recently modified their holdings of the company. State of Wyoming acquired a new stake in Civeo in the second quarter valued at $66,000. Quent Capital LLC purchased a new position in shares of Civeo in the 3rd quarter valued at about $79,000. Goldman Sachs Group Inc. acquired a new stake in shares of Civeo during the 1st quarter worth about $204,000. XTX Topco Ltd acquired a new stake in shares of Civeo during the 2nd quarter worth about $255,000. Finally, Ritholtz Wealth Management purchased a new stake in Civeo during the second quarter worth approximately $748,000. Institutional investors and hedge funds own 81.44% of the company’s stock.
Key Headlines Impacting Civeo
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.
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