With 0.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on CLB shows that it touched its highest point at $25.13 and its lowest point at $10.14 during that stretch. It currently has a 1-year price target of $14.80. With its current market cap of 511.96 million, CLB has annualized dividend of $0.04 while the current yield stands at 0.37%. Beta for the stock currently stands at 1.43.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CLB was down-trending over the past week, with a drop of -8.00%, but this was down by -9.53% over a month. Three-month performance dropped to -32.34% while six-month performance fell -44.11%. The stock lost -40.43% in the past year, while it has lost -36.92% so far this year. A look at the trailing 12-month EPS for CLB yields 0.59 with Next year EPS estimates of 0.86. For the next quarter, that number is 0.19. This implies an EPS growth rate of -15.51% for this year and 16.42% for next year. EPS is expected to grow by 3.35% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.53%.
Float and Shares Shorts:
At present, 46.70 million CLB shares are outstanding with a float of 46.36 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CLB since 4 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.89102 being high and $0.871 being low. For CLB, this leads to a yearly average estimate of $0.88101.
