Civeo Corp

Company Profile

Civeo Corp had its IPO on 2014-05-19 under the ticker symbol CVEO.

The company operates in the Industrials sector and Specialty Business Services industry. Civeo Corp has a staff strength of 2,800 employees.

Stock update

Shares of Civeo Corp opened at $19.85 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $19.85 - $21, and closed at $20.96.

This is a +6.45% increase from the previous day's closing price.

A total volume of 20,277 shares were traded at the close of the day’s session.

In the last one week, shares of Civeo Corp have increased by +14.29%.

Civeo Corp's Key Ratios

Civeo Corp has a market cap of $299.03 million, indicating a price to book ratio of 1.5013 and a price to sales ratio of 0.5677.

In the last 12-months Civeo Corp’s revenue was $698.96 million with a gross profit of $179.99 million and an EBITDA of $103.35 million. The EBITDA ratio measures Civeo Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Civeo Corp’s operating margin was 2.09% while its return on assets stood at 1.49% with a return of equity of -0.57%.

In Q1, Civeo Corp’s quarterly earnings growth was a positive 8449.8% while revenue growth was a positive 1.2%.

Civeo Corp’s PE and PEG Ratio

Forward PE

100

Trailing PE

0

PEG

10

Its diluted EPS in the last 12-months stands at $-0.74 per share while it has a forward price to earnings multiple of 100 and a PEG multiple of 10. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Civeo Corp’s profitability.

Civeo Corp stock is trading at a EV to sales ratio of 0.8589 and a EV to EBITDA ratio of 4.4356. Its price to sales ratio in the trailing 12-months stood at 0.5677.

Civeo Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$551.16 million

Total Liabilities

$103.22 million

Operating Cash Flow

$-2507000.00

Capital Expenditure

$4.77 million

Dividend Payout Ratio

0%

Civeo Corp ended 2024 with $551.16 million in total assets and $0 in total liabilities. Its intangible assets were valued at $551.16 million while shareholder equity stood at $288.71 million.

Civeo Corp ended 2024 with $5.87 million in deferred long-term liabilities, $103.22 million in other current liabilities, in common stock, $-940247000.00 in retained earnings and $7.57 million in goodwill. Its cash balance stood at $12.37 million and cash and short-term investments were $12.37 million. The company’s total short-term debt was $21,485,000 while long-term debt stood at $120.44 million.

Civeo Corp’s total current assets stands at $158.62 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $122.96 million compared to accounts payable of $47.82 million and inventory worth $7.38 million.

In 2024, Civeo Corp's operating cash flow was $-2507000.00 while its capital expenditure stood at $4.77 million.

Comparatively, Civeo Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$20.96

52-Week High

$36.88

52-Week Low

$17.87

Analyst Target Price

$32

Civeo Corp stock is currently trading at $20.96 per share. It touched a 52-week high of $36.88 and a 52-week low of $36.88. Analysts tracking the stock have a 12-month average target price of $32.

Its 50-day moving average was $19.14 and 200-day moving average was $23.72 The short ratio stood at 3.23 indicating a short percent outstanding of 0%.

Around 1255.2% of the company’s stock are held by insiders while 7073.1% are held by institutions.