Analyst Ratings for Core Laboratories N.V. (CLB)

Updated: 2017-07-28

Analysts covering Core Laboratories N.V. (NYSE:CLB) have given it a consensus rating of Overweight. About 30 days ago, CLB was issued an average rating of Overweight.

19 analysts issued ratings on the stock, where 7 gave CLB a buy rating, 1 gave an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

CLB was given price targets by several analysts. The highest price target was 140, which equates to a potential upside of 37.92 percent. The lowest price target was 100, implying potential capital losses of -1.49 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.5 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.71 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.7 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.01 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CLB's earnings is estimated by analysts to be 32.7 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. CLB has a PEG ratio of 1.9.

In the last 52-weeks, CLB has achieved a high of 125.83 and a low of 96.30. Currently the stock is 5.41 percent higher than its low, and 19.33 percent lower than its 52-week high. CLB has a P/E ratio of 62.01. Investors typically compare the P/E ratio to a company's peers in the industry. The CLB value stock report compares CLB to some of its peers using value stock charts. The market cap of CLB is $4.34 billion. CLB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.