The price of CVEO is predicted to go up -0.77%, based on the high correlation periods with ERIC. The similarity of these two price pattern on the periods is 96.48%.

CVEO

ERIC

Down: -0.77%Similarity: 96.48%

CVEO Revenue Forecast

CVEO EPS Forecast

CVEO FAQs

What is bull’s view on CVEO?

Civeo Corporation (CVEO) has bullish potential due to its consistent dividend payout of $0.25 per share, offering a forward yield of 4.25%, which attracts income-focused investors. The recent 6-year contract extension in Australia strengthens its long-term revenue stability, despite short-term challenges. With a current price near $21.59, the stock could see upside if operational improvements materialize and market sentiment shifts positively.

What is bear's view on CVEO?

Civeo Corporation (CVEO) currently faces bearish sentiment due to its weak earnings outlook, with a Zacks Rank #4 (Sell) and a challenging industry ranking in the bottom 14% of Zacks industries. The stock recently reported a quarterly loss of $0.36 per share, significantly missing estimates, and its future EPS projections remain negative. Despite a 6-year contract extension in Australia, the broader industry headwinds and underwhelming financial performance suggest limited upside potential in the near term.