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The price of Core Laboratories Inc (NYSE: CLB) closed at $17.07 in the last session, up 3.27% from day before closing price of $16.53. In other words, the price has increased by $3.27 from its previous closing price. On the day, 0.69 million shares were traded. CLB stock price reached its highest trading level at $17.92 during the session, while it also had its lowest trading level at $16.47.
Ratios:
We take a closer look at CLB’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.85.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on June 30, 2023, Downgraded its rating to Sell and sets its target price to $21 from $22 previously.
On April 18, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $21.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLB now has a Market Capitalization of 796561280 and an Enterprise Value of 1011658240. As of this moment, Core’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.37, and their Forward P/E ratio for the next fiscal year is 13.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 1.979 whereas that against EBITDA is 13.665.
Stock Price History:
Over the past 52 weeks, CLB has reached a high of $27.94, while it has fallen to a 52-week low of $13.82. The 50-Day Moving Average of the stock is 5.47%, while the 200-Day Moving Average is calculated to be -14.01%.
Shares Statistics:
According to the various share statistics, CLB traded on average about 430.13K shares per day over the past 3-months and 440360 shares per day over the past 10 days. A total of 46.86M shares are outstanding, with a floating share count of 46.43M. Insiders hold about 0.93% of the company’s shares, while institutions hold 101.59% stake in the company. Shares short for CLB as of 1713139200 were 5972797 with a Short Ratio of 13.89, compared to 1710460800 on 5988897. Therefore, it implies a Short% of Shares Outstanding of 5972797 and a Short% of Float of 23.36.
Dividends & Splits
The forward annual dividend rate for CLB is 0.04, which was 0.03 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0018148819The stock’s 5-year Average Dividend Yield is 2.02.
