Sidoti Csr Brokers Boost Earnings Estimates for Civeo

Civeo Co. (NYSE:CVEO) – Sidoti Csr boosted their Q3 2025 earnings per share (EPS) estimates for Civeo in a report released on Thursday, May 8th. Sidoti Csr analyst S. Ferazani now anticipates that the business services provider will earn $0.39 per share for the quarter, up from their previous forecast of $0.38. The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share.

Civeo (NYSE:CVEO) last posted its earnings results on Wednesday, April 30th. The business services provider reported ($0.72) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.78) by $0.06. Civeo had a return on equity of 0.11% and a net margin of 3.00%. The business had revenue of $144.04 million during the quarter, compared to analysts’ expectations of $150.86 million.

A number of other equities analysts have also recently issued reports on the company. StockNews.com cut Civeo from a “buy” rating to a “hold” rating in a report on Friday. Stifel Nicolaus decreased their price objective on Civeo from $28.00 to $27.00 and set a “buy” rating for the company in a report on Friday, May 2nd.

Civeo Stock Up 1.0 %

Shares of CVEO stock opened at $20.86 on Friday. The company has a market capitalization of $280.63 million, a price-to-earnings ratio of 14.90 and a beta of 1.28. Civeo has a 12-month low of $18.01 and a 12-month high of $28.92. The firm has a fifty day moving average of $20.81 and a 200-day moving average of $22.93. The company has a quick ratio of 1.28, a current ratio of 1.36 and a debt-to-equity ratio of 0.18.

Institutional Trading of Civeo

A number of institutional investors have recently made changes to their positions in CVEO. TCW Group Inc. increased its stake in Civeo by 2.0% in the 1st quarter. TCW Group Inc. now owns 795,845 shares of the business services provider’s stock valued at $18,304,000 after buying an additional 15,628 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Civeo by 3.2% in the fourth quarter. Renaissance Technologies LLC now owns 659,648 shares of the business services provider’s stock valued at $14,987,000 after acquiring an additional 20,200 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Civeo by 7.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 517,457 shares of the business services provider’s stock worth $11,756,000 after acquiring an additional 35,648 shares in the last quarter. American Century Companies Inc. boosted its position in Civeo by 15.9% during the fourth quarter. American Century Companies Inc. now owns 398,013 shares of the business services provider’s stock valued at $9,043,000 after purchasing an additional 54,532 shares during the last quarter. Finally, Topline Capital Management LLC bought a new position in Civeo in the fourth quarter valued at approximately $4,663,000. Institutional investors own 81.44% of the company’s stock.

About Civeo

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.