Core Laboratories Stock Target Price and Analyst Consensus

CLB Stock  USD 20.35  0.06  0.29%   
The current analyst and expert consensus on Core Laboratories is Hold with 4 hold recommendations. The current projected Core Laboratories target price consensus is 23.25 with 7 analyst opinions. One of the most common ways Core Laboratories analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Core Laboratories vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Core Laboratories. We strongly encourage you to use your own analysis of Core Laboratories to validate this buy or sell advice. Core Laboratories recommendation module provides expert sentiment on the projected Core Laboratories target price to derive its highest and lowest estimates based on target price standard deviation of 3.0406.
Lowest Forecast
21.16
Highest Forecast
25.81
Target Price
23.25
The current year's Gross Profit is expected to grow to about 171.1 M. The current year's Pretax Profit Margin is expected to grow to 0.11. At present, Core Laboratories' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 46.3 M, whereas Total Assets are forecasted to decline to about 550.2 M.
  
It's important to approach Core Laboratories' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Core Laboratories price targets

Core Laboratories' stock target price is an estimate of its future price, usually made by analysts. Using Core Laboratories' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Core Laboratories' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Core Laboratories' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Core Laboratories Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Core Laboratories is a key component of Core Laboratories valuation and have some predictive power on the future returns of a Core Laboratories.
Hype
Prediction
LowEstimatedHigh
17.0820.1223.16
Details
Intrinsic
Valuation
LowRealHigh
18.0221.0624.10
Details
Naive
Forecast
LowNextHigh
16.4619.5022.54
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.210.22
Details

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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 Macroaxis Advice on Core Laboratories to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, the presentation of Core Laboratories' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Core Laboratories' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Core Laboratories' management manipulating its earnings.