Research Analysts Set Expectations for Civeo Q3 Earnings

Civeo Corporation (NYSE:CVEO) – Analysts at Northland Securities issued their Q3 2026 earnings per share estimates for Civeo in a research report issued on Thursday, October 1st. Northland Securities analyst G. Gibas forecasts that the business services provider will post earnings per share of ($0.45) for the quarter. Northland Securities currently has a “Outperform” rating and a $42.00 target price on the stock. The consensus estimate for Civeo’s current full-year earnings is ($1.00) per share. Northland Securities also issued estimates for Civeo’s Q4 2026 earnings at ($0.36) EPS, FY2026 earnings at ($1.37) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.24 EPS, Q4 2027 earnings at $0.16 EPS and FY2027 earnings at $0.48 EPS.

Several other analysts have also issued reports on the stock. Raymond James Financial lowered shares of Civeo from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Weiss Ratings raised shares of Civeo from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 31st. Finally, Roth Capital initiated coverage on shares of Civeo in a report on Thursday. They set a “buy” rating and a $39.00 price target on the stock. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.25.

Civeo Price Performance

Shares of NYSE:CVEO opened at $32.55 on Monday. The company has a current ratio of 1.89, a quick ratio of 1.81 and a debt-to-equity ratio of 1.31. The stock has a market cap of $336.42 million, a PE ratio of -27.82 and a beta of 0.71. The stock’s fifty day simple moving average is $33.16 and its two-hundred day simple moving average is $32.30. Civeo has a 1-year low of $19.75 and a 1-year high of $36.50.

Civeo (NYSE:CVEO) last announced its quarterly earnings results on Thursday, July 30th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.30) by $0.07. The business had revenue of $180.02 million during the quarter, compared to the consensus estimate of $172.18 million. Civeo had a negative return on equity of 7.82% and a negative net margin of 1.93%.

Institutional Trading of Civeo

A number of hedge funds have recently bought and sold shares of the business. Engineers Gate Manager LP bought a new position in Civeo in the 2nd quarter valued at $217,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Civeo during the 1st quarter worth $217,000. Bank of New York Mellon Corp purchased a new position in shares of Civeo in the 2nd quarter worth about $1,032,000. Ritholtz Wealth Management boosted its holdings in shares of Civeo by 9.4% in the 1st quarter. Ritholtz Wealth Management now owns 40,352 shares of the business services provider’s stock worth $1,068,000 after buying an additional 3,470 shares during the last quarter. Finally, Sei Investments Co. grew its position in Civeo by 104.2% during the first quarter. Sei Investments Co. now owns 71,487 shares of the business services provider’s stock valued at $1,892,000 after buying an additional 36,487 shares during the period. 81.44% of the stock is currently owned by institutional investors.

About Civeo

Civeo Corporation (NYSE: CVEO) provides workforce accommodations and hospitality services for companies operating in remote and resource-intensive locations. Its customers primarily include energy, mining and infrastructure companies that require lodging, dining and related support services for employees and contractors.

The company operates lodges, villages and mobile workforce camps, offering furnished rooms, catering, housekeeping, facility management, maintenance, transportation and other site services.