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 most pessimistic analyst gave a price target of 100, which equates to a potential downside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

CLB has an estimated earnings growth rate of 32.7 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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 trailing 52-weeks, CLB hit 125.83 at the highest peak, while it's lowest trading point was 96.30. Today's price is 5.41 percent above the 52-week low, and 19.33 percent below the high. CLB has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.