Analysts Issue Forecasts for Civeo’s Q2 Earnings (NYSE:CVEO)

Civeo Co. (NYSE:CVEO) – Research analysts at Sidoti Csr dropped their Q2 2025 EPS estimates for shares of Civeo in a research report issued on Thursday, May 1st. Sidoti Csr analyst S. Ferazani now expects that the business services provider will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.38. The consensus estimate for Civeo’s current full-year earnings is ($0.58) per share. Sidoti Csr also issued estimates for Civeo’s Q4 2025 earnings at ($0.43) EPS, FY2025 earnings at ($0.76) EPS, Q1 2026 earnings at ($0.57) EPS, Q2 2026 earnings at $0.54 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at ($0.31) EPS and FY2026 earnings at $0.39 EPS.

Several other equities research analysts have also commented on the stock. StockNews.com upgraded shares of Civeo from a “hold” rating to a “buy” rating in a research report on Thursday, May 1st. Stifel Nicolaus decreased their price objective on shares of Civeo from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Friday, May 2nd.

Civeo Stock Down 0.5 %

Civeo stock opened at $19.20 on Monday. The stock’s 50 day moving average price is $20.89 and its 200 day moving average price is $23.09. The company has a market cap of $260.10 million, a PE ratio of 13.71 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.36 and a quick ratio of 1.28. Civeo has a 1-year low of $18.01 and a 1-year high of $28.92.

Civeo (NYSE:CVEO) last issued its quarterly 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. The business had revenue of $144.04 million for the quarter, compared to analyst estimates of $150.86 million. Civeo had a net margin of 3.00% and a return on equity of 0.11%.

Hedge Funds Weigh In On Civeo

Several hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets purchased a new position in shares of Civeo during the fourth quarter valued at approximately $94,000. SG Americas Securities LLC raised its holdings in Civeo by 42.4% in the fourth quarter. SG Americas Securities LLC now owns 6,552 shares of the business services provider’s stock valued at $149,000 after buying an additional 1,950 shares during the period. Mackenzie Financial Corp acquired a new stake in shares of Civeo in the fourth quarter worth $386,000. JPMorgan Chase & Co. raised its stake in shares of Civeo by 4.8% in the 4th quarter. JPMorgan Chase & Co. now owns 19,707 shares of the business services provider’s stock valued at $448,000 after acquiring an additional 894 shares during the period. Finally, Lazard Asset Management LLC raised its stake in shares of Civeo by 24.0% in the 4th quarter. Lazard Asset Management LLC now owns 21,492 shares of the business services provider’s stock valued at $488,000 after acquiring an additional 4,158 shares during the period. 81.44% of the stock is currently owned by hedge funds and other institutional investors.

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.