Core Laboratories Inc (NYSE: CLB) is -4.19% lower on its value in year-to-date trading and has touched a low of $13.82 and a high of $25.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLB stock was last observed hovering at around $16.84 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $16.92, the stock is -12.21% and -13.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.1 million and changing 0.48% at the moment leaves the stock -10.51% off its SMA200. CLB registered -6.88% loss for a year compared to 6-month gain of -12.78%. The firm has a 50-day simple moving average (SMA 50) of $19.5068 and a 200-day simple moving average (SMA200) of $18.9043.
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The stock witnessed a -20.49% loss in the last 1 month and extending the period to 3 months gives it a -9.37%, and is -11.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.67% over the week and 4.28% over the month.
Core Laboratories Inc (CLB) has around 3600 employees, a market worth around $798.17M and $522.82M in sales. Current P/E ratio is 26.51 and Fwd P/E is 16.42. Profit margin for the company is 5.83%. Distance from 52-week low is 22.43% and -32.67% from its 52-week high. The company has generated returns on investments over the last 12 months (7.01%).
with sales reaching $133.98M over the same period.The EPS is expected to grow by 10.60% this year, but quarterly earnings will post 3.68% year-over-year. Quarterly sales are estimated to grow 4.50% in year-over-year returns.
Core Laboratories Inc (CLB) Top Institutional Holders
272.0 institutions hold shares in Core Laboratories Inc (CLB), with institutional investors hold 113.59% of the company’s shares. The shares outstanding are 46.93M, and float is at 46.53M with Short Float at 14.47%. Institutions hold 112.62% of the Float.
The top institutional shareholder in the company is ARIEL INVESTMENTS, LLC with over 10.29 million shares valued at $208.83 million. The investor’s holdings represent 21.9415% of the CLB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.8 million shares valued at $158.22 million to account for 16.6241 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.53 million shares representing 11.7921% and valued at over $112.23 million, while DISCIPLINED GROWTH INVESTORS INC /MN holds 9.5095 of the shares totaling 4.46 million with a market value of $90.51 million.
Core Laboratories Inc (CLB) Insider Activity
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