Somewhat Positive Press Coverage Somewhat Unlikely to Impact Civeo Corporation (CVEO) Share Price

News articles about Civeo Corporation (NYSE:CVEO) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Civeo Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.0535998225419 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

CVEO has been the topic of a number of recent research reports. BidaskClub upgraded shares of Civeo Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 26th. Royal Bank Of Canada set a $4.00 price target on shares of Civeo Corporation and gave the stock a “hold” rating in a research report on Saturday, June 24th. Finally, ValuEngine upgraded shares of Civeo Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Civeo Corporation has a consensus rating of “Buy” and a consensus price target of $4.17.

Civeo Corporation (NYSE:CVEO) last posted its earnings results on Friday, July 28th. The business services provider reported ($0.11) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.01. Civeo Corporation had a negative net margin of 24.80% and a negative return on equity of 12.63%. The firm had revenue of $92.01 million during the quarter.

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About Civeo Corporation

Civeo Corporation is an integrated provider of long-term and temporary remote site accommodations, logistics and facility management services to the natural resource industry. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.

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