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Core Laboratories Inc (NYSE: CLB) closed the day trading at $16.92 up 0.48% from the previous closing price of $16.84. In other words, the price has increased by $0.48 from its previous closing price. On the day, 0.1 million shares were traded. CLB stock price reached its highest trading level at $16.98 during the session, while it also had its lowest trading level at $16.565.
Ratios:
For a better understanding of CLB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.73.
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 794395712 and an Enterprise Value of 970348608. As of this moment, Core’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.51, and their Forward P/E ratio for the next fiscal year is 16.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 1.856 whereas that against EBITDA is 13.598.
Stock Price History:
Over the past 52 weeks, CLB has reached a high of $25.13, while it has fallen to a 52-week low of $13.82. The 50-Day Moving Average of the stock is -13.08%, while the 200-Day Moving Average is calculated to be -10.51%.
Shares Statistics:
Over the past 3-months, CLB traded about 313.16K shares per day on average, while over the past 10 days, CLB traded about 408030 shares per day. A total of 46.93M shares are outstanding, with a floating share count of 46.53M. Insiders hold about 0.90% of the company’s shares, while institutions hold 109.41% stake in the company. Shares short for CLB as of 1732838400 were 6501450 with a Short Ratio of 20.76, compared to 1730332800 on 6951139. Therefore, it implies a Short% of Shares Outstanding of 6501450 and a Short% of Float of 26.8.
Dividends & Splits
CLB’s forward annual dividend rate is 0.04, up from 0.04 a year ago. Against a Trailing Annual Dividend Yield of 0.0023752968The stock’s 5-year Average Dividend Yield is 1.43.
