Civeo Corp Stock Buy Hold or Sell Recommendation
| CVEO Stock | USD 23.22 0.15 0.65% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Civeo Corp is 'Cautious Hold'. Macroaxis provides Civeo Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CVEO positions. The advice algorithm takes into account all of Civeo Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Civeo Corp's buy or sell advice are summarized below:
Real Value 27.97 | Target Price 32 | Hype Value 23.22 | Market Value 23.22 | Naive Value 23.44 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Civeo Corp given historical horizon and risk tolerance towards Civeo Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Civeo Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Civeo |
Execute Civeo Corp Buy or Sell Advice
The Civeo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Civeo Corp. Macroaxis does not own or have any residual interests in Civeo Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Civeo Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Civeo Corp Trading Alerts and Improvement Suggestions
| Civeo Corp is unlikely to experience financial distress in the next 2 years | |
| Civeo Corp has a strong financial position based on the latest SEC filings | |
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| On 18th of March 2024 Civeo Corp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from investing.com: Stifel raises Civeo stock PT to 31, cites consistently strong FCF |
Civeo Corp Returns Distribution Density
The distribution of Civeo Corp's historical returns is an attempt to chart the uncertainty of Civeo Corp's future price movements. The chart of the probability distribution of Civeo Corp daily returns describes the distribution of returns around its average expected value. We use Civeo Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Civeo Corp returns is essential to provide solid investment advice for Civeo Corp.
| Mean Return | 0.06 | Value At Risk | -3.13 | Potential Upside | 3.04 | Standard Deviation | 2.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Civeo Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Civeo Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Civeo Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Civeo Corp backward and forwards among themselves. Civeo Corp's institutional investor refers to the entity that pools money to purchase Civeo Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Solas Capital Management Llc | 2023-12-31 | 219 K | Jb Capital Partners Lp | 2023-12-31 | 193.8 K | American Century Companies Inc | 2023-12-31 | 159.6 K | Bridgeway Capital Management, Llc | 2023-12-31 | 155.5 K | Boston Partners Global Investors, Inc | 2023-12-31 | 136.2 K | Ubs Group Ag | 2023-12-31 | 89 K | Blackrock Inc | 2023-12-31 | 83 K | Rbf Llc | 2023-12-31 | 79.9 K | Empowered Funds, Llc | 2023-12-31 | 78.3 K | Horizon Asset Management Inc/ny | 2023-12-31 | 3.7 M | Fmr Inc | 2023-12-31 | 1.2 M |
Civeo Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (87K) | 171K | (526K) | (1.8M) | 5K | 4.8K | |
| Change In Cash | (9.0M) | 2.8M | 127K | 1.7M | (4.6M) | (4.4M) | |
| Free Cash Flow | 44.7M | 107.3M | 73.0M | 66.4M | 64.9M | 54.0M | |
| Depreciation | 123.8M | 96.5M | 83.1M | 87.2M | 75.1M | 98.9M | |
| Other Non Cash Items | 24.9M | 138.8M | 4.5M | 4.2M | (18.4M) | (17.5M) | |
| Capital Expenditures | 29.8M | 10.1M | 15.6M | 25.4M | 31.6M | 30.1M | |
| Net Income | (58.3M) | (132.8M) | 2.5M | 6.3M | 30.2M | 31.7M | |
| End Period Cash Flow | 3.3M | 6.2M | 6.3M | 8.0M | 3.3M | 3.2M | |
| Change To Netincome | 23.3M | 133.7M | 12.8M | 12.2M | 10.9M | 10.4M | |
| Change Receivables | (20.5M) | 13.7M | (28.1M) | (14.4M) | (13.0M) | (12.4M) | |
| Net Borrowings | (40.3M) | (112.7M) | (76.3M) | (33.8M) | (30.4M) | (28.9M) | |
| Dividends Paid | 1.8M | 1.9M | 1.9M | 1.7M | (7.4M) | (7.1M) | |
| Investments | (38.6M) | (1.8M) | (706K) | (8.9M) | (17.8M) | (18.6M) |
Civeo Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Civeo Corp or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Civeo Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Civeo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 0.84 | |
σ | Overall volatility | 2.02 | |
Ir | Information ratio | 0 |
Civeo Corp Volatility Alert
Civeo Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Civeo Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Civeo Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Civeo Corp Fundamentals Vs Peers
Comparing Civeo Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Civeo Corp's direct or indirect competition across all of the common fundamentals between Civeo Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Civeo Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Civeo Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Civeo Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Civeo Corp to competition |
| Fundamentals | Civeo Corp | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.032 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 411.39 M | 16.62 B |
| Shares Outstanding | 14.62 M | 571.82 M |
| Shares Owned By Insiders | 8.99 % | 10.09 % |
| Shares Owned By Institutions | 77.78 % | 39.21 % |
| Number Of Shares Shorted | 25.02 K | 4.71 M |
| Price To Book | 1.17 X | 9.51 X |
| Price To Sales | 0.54 X | 11.42 X |
| Revenue | 700.8 M | 9.43 B |
| Gross Profit | 179.99 M | 27.38 B |
| EBITDA | 97.91 M | 3.9 B |
| Net Income | 30.16 M | 570.98 M |
| Cash And Equivalents | 4.78 M | 2.7 B |
| Cash Per Share | 0.34 X | 5.01 X |
| Total Debt | 79.19 M | 5.32 B |
| Debt To Equity | 0.48 % | 48.70 % |
| Current Ratio | 1.42 X | 2.16 X |
| Book Value Per Share | 20.34 X | 1.93 K |
| Cash Flow From Operations | 96.56 M | 971.22 M |
| Short Ratio | 0.40 X | 4.00 X |
| Earnings Per Share | 2.08 X | 3.12 X |
| Price To Earnings To Growth | 5.00 X | 4.89 X |
| Target Price | 31.5 | |
| Number Of Employees | 2.6 K | 18.84 K |
| Beta | 2.2 | -0.15 |
| Market Capitalization | 366.47 M | 19.03 B |
| Total Asset | 548.06 M | 29.47 B |
| Retained Earnings | (919.02 M) | 9.33 B |
| Working Capital | 61.01 M | 1.48 B |
| Current Asset | 89.96 M | 9.34 B |
Note: Acquisition by Bradley Dodson of 40459 shares of Civeo Corp subject to Rule 16b-3 [view details]
Civeo Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Civeo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Civeo Corp Buy or Sell Advice
When is the right time to buy or sell Civeo Corp? Buying financial instruments such as Civeo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 38.5M | 47.7M | 46.9M | 35.7M | Total Assets | 672.7M | 566.2M | 548.1M | 894.7M |
Use Investing Ideas to Build Portfolios
In addition to having Civeo Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
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Check out Civeo Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.Note that the Civeo Corp information on this page should be used as a complementary analysis to other Civeo Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Civeo Corp's price analysis, check to measure Civeo Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Civeo Corp is operating at the current time. Most of Civeo Corp's value examination focuses on studying past and present price action to predict the probability of Civeo Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Civeo Corp's price. Additionally, you may evaluate how the addition of Civeo Corp to your portfolios can decrease your overall portfolio volatility.
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Is Civeo Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civeo Corp. If investors know Civeo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Civeo Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.93 | Dividend Share 0.75 | Earnings Share 2.08 | Revenue Per Share 47.315 | Quarterly Revenue Growth (0.01) |
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.