Equities Analysts Issue Forecasts for Civeo Q3 Earnings

Civeo Corporation (NYSE:CVEO) – Stock analysts at Northland Securities issued their Q3 2026 EPS estimates for Civeo in a research note issued on Thursday, October 1st. Northland Securities analyst G. Gibas forecasts that the business services provider will earn ($0.45) per share for the quarter. Northland Securities has a “Outperform” rating and a $42.00 price objective on the stock. The consensus estimate for Civeo’s current full-year earnings is ($1.00) per share. Northland Securities also issued estimates for Civeo’s Q4 2026 earnings at ($0.36) EPS, FY2026 earnings at ($1.37) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.24 EPS, Q4 2027 earnings at $0.16 EPS and FY2027 earnings at $0.48 EPS.

Civeo (NYSE:CVEO) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.07. The business had revenue of $180.02 million during the quarter, compared to analyst estimates of $172.18 million. Civeo had a negative net margin of 1.93% and a negative return on equity of 7.82%.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings upgraded shares of Civeo from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, August 31st. Raymond James Financial cut Civeo from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 1st. Finally, Roth Capital assumed coverage on Civeo in a report on Thursday, October 1st. They issued a “buy” rating and a $39.00 target price for the company. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.25.

Civeo Price Performance

Shares of CVEO opened at $32.65 on Monday. The company has a market cap of $337.56 million, a P/E ratio of -27.90 and a beta of 0.71. Civeo has a fifty-two week low of $19.75 and a fifty-two week high of $36.50. The company has a quick ratio of 1.81, a current ratio of 1.89 and a debt-to-equity ratio of 1.31. The firm’s 50 day moving average price is $33.13 and its 200 day moving average price is $32.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sei Investments Co. grew its stake in shares of Civeo by 104.2% during the first quarter. Sei Investments Co. now owns 71,487 shares of the business services provider’s stock worth $1,892,000 after purchasing an additional 36,487 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Civeo in the second quarter valued at $1,032,000. Engineers Gate Manager LP acquired a new stake in Civeo in the second quarter valued at $217,000. Arrowstreet Capital Limited Partnership lifted its holdings in Civeo by 12.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 126,478 shares of the business services provider’s stock worth $3,347,000 after buying an additional 13,564 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Civeo by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 639,272 shares of the business services provider’s stock worth $16,915,000 after buying an additional 11,114 shares during the last quarter. Institutional investors and hedge funds own 81.44% of the company’s stock.

About Civeo

Civeo Corporation (NYSE: CVEO) provides workforce accommodations and hospitality services for companies operating in remote and resource-intensive locations. Its customers primarily include energy, mining and infrastructure companies that require lodging, dining and related support services for employees and contractors.

The company operates lodges, villages and mobile workforce camps, offering furnished rooms, catering, housekeeping, facility management, maintenance, transportation and other site services.