Core Laboratories Nv Stock Today
| CLB Stock | USD 16.99 0.30 1.80% |
Performance6 of 100
| Odds Of DistressLess than 1
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Core Laboratories is trading at 16.99 as of the 18th of April 2024, a 1.80 percent up since the beginning of the trading day. The stock's open price was 16.69. Core Laboratories has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Core Laboratories NV are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 20th of September 1995 |
Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. The company was founded in 1936 and is based in Amstelveen, the Netherlands. The company has 46.66 M outstanding shares of which 6.59 M shares are currently shorted by investors with about 17.61 days to cover. More on Core Laboratories NV
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Moving against Core Stock
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Core Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Core Laboratories' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Core Laboratories or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Lawrence Bruno | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Petroleum and Natural Gas (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [ATEX Resources Inc, Core Laboratories NV, Candy Club Holdings Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Equipment & Services, Energy, NYSE Composite, SP Small-Cap 600, Dow Jones Oil, PHLX Oil Service, Petroleum and Natural Gas, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Core Laboratories report their recommendations after researching Core Laboratories' financial statements, talking to executives and customers, or listening in on Core Laboratories' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Core Laboratories. The Core consensus assessment is calculated by taking the average forecast from all of the analysts covering Core Laboratories. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Core Laboratories' liquidity, profitability, solvency, and operating efficiency, Core Laboratories NV is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Core Laboratories is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Core Laboratories' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Core Laboratories' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Core Laboratories' financial leverage. It provides some insight into what part of Core Laboratories' total assets is financed by creditors.
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Core Laboratories NV (CLB) is traded on New York Stock Exchange in USA. It is located in 6316 Windfern Road, Houston, TX, United States, 77040 and employs 3,600 people. Core Laboratories is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 811.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Core Laboratories's market, we take the total number of its shares issued and multiply it by Core Laboratories's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Core Laboratories runs under Energy Equipment & Services sector within Energy industry. The entity has 46.66 M outstanding shares of which 6.59 M shares are currently shorted by investors with about 17.61 days to cover.
Core Laboratories NV has about 15.43 M in cash with 24.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check Core Laboratories Probability Of Bankruptcy
Ownership AllocationCore Laboratories retains a total of 46.66 Million outstanding shares. The majority of Core Laboratories NV outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Core Laboratories to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Core Laboratories. Please pay attention to any change in the institutional holdings of Core Laboratories NV as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Core Ownership Details
Core Stock Price Odds Analysis
What are Core Laboratories' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Core Laboratories jumping above the current price in 90 days from now is about 15.41%. The Core Laboratories NV probability density function shows the probability of Core Laboratories stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1854 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Core Laboratories will likely underperform. Additionally, core Laboratories NV has an alpha of 0.048, implying that it can generate a 0.048 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Core Laboratories to move above the current price in 90 days from now is about 15.41 (This Core Laboratories NV probability density function shows the probability of Core Stock to fall within a particular range of prices over 90 days) .
Core Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Core Laboratories that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Core Laboratories' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Core Laboratories' value.| Instituion | Recorded On | Shares | |
| Royce & Associates, Lp | 2023-12-31 | 914.3 K | |
| Fisher Asset Management, Llc | 2023-12-31 | 754.4 K | |
| Disciplined Growth Investors Inc | 2023-12-31 | 752.4 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 727.5 K | |
| Van Eck Associates Corporation | 2023-12-31 | 586.4 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 580.4 K | |
| Northern Trust Corp | 2023-12-31 | 494.3 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 464 K | |
| Amvescap Plc. | 2023-12-31 | 412.5 K | |
| Ariel Investments, Llc | 2023-12-31 | 9 M | |
| Blackrock Inc | 2023-12-31 | 8 M |
Core Laboratories Historical Income Statement
Core Laboratories NV Income Statement is one of the three primary financial statements used for reporting Core's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Core Laboratories revenue and expense. Core Laboratories Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Core Laboratories' Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 619.3 M, whereas Interest Expense is forecasted to decline to about 10.1 M. View More FundamentalsCore Stock Against Markets
Picking the right benchmark for Core Laboratories stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Core Laboratories stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Core Laboratories is critical whether you are bullish or bearish towards Core Laboratories NV at a given time. Please also check how Core Laboratories' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Core Laboratories without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Core Laboratories Corporate Directors
Core Laboratories corporate directors refer to members of a Core Laboratories board of directors. The board of directors generally takes responsibility for the Core Laboratories' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Core Laboratories' board members must vote for the resolution. The Core Laboratories board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Charles Dunlap | Independent Member of the Board of Supervisory Directors | Profile | |
| Richard Bergmark | CFO, Executive VP and Supervisory Director | Profile | |
| Michael Kearney | Independent Supervisory Director | Profile | |
| Margaret Kempen | Independent Member of the Board of Supervisory Directors | Profile |
How to buy Core Stock?
Before investing in Core Laboratories, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Core Laboratories. To buy Core Laboratories stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Core Laboratories. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Core Laboratories stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Core Laboratories NV stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Core Laboratories NV stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Core Laboratories NV, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Core Stock please use our How to Invest in Core Laboratories guide.
Already Invested in Core Laboratories NV?
The danger of trading Core Laboratories NV is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Core Laboratories is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Core Laboratories. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Core Laboratories is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Core Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Core Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Core Laboratories Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Core Laboratories Nv Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Laboratories NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Core Stock analysis
When running Core Laboratories' price analysis, check to measure Core Laboratories' 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 Core Laboratories is operating at the current time. Most of Core Laboratories' value examination focuses on studying past and present price action to predict the probability of Core Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Laboratories' price. Additionally, you may evaluate how the addition of Core Laboratories to your portfolios can decrease your overall portfolio volatility.
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Is Core Laboratories' 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 Core Laboratories. If investors know Core 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 Core Laboratories 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 (0.72) | Dividend Share 0.04 | Earnings Share 0.51 | Revenue Per Share 10.92 | Quarterly Revenue Growth 0.005 |
The market value of Core Laboratories is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.