Home Sectors Energy Present Trend: Core Laboratories N.V. (NYSE: CLB)

Present Trend: Core Laboratories N.V. (NYSE: CLB)

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Core Laboratories N.V. is part of the energy sector and is in the oil and gas services industry. The company CEO is David M. Demshur. Core Laboratories NV is a provider of proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry. The company operates in more than 50 countries.

Previous Intraday Trading Performance:

The CLB stock showed a previous change of 1.61% with an open at 63.97 and a close of 64.90. It reached an intraday high of 65.29 and a low of 63.97.

SeekingAlpha:  ClearBridge Mid Cap Growth Strategy Portfolio Manager Commentary Q4 2018

Liquidity:

The stock has a market cap of $2.9b with 44.2m shares outstanding, of which the float is 43.4m shares. Trading volume reached 452,909 shares compared to its average volume of 650,072 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Core Laboratories N.V. shares returned -4.89% and in the past 30 trading days it returned 10.49%. Over three months, it changed -21.06%. In one year it has changed -37.56% and within that year its 52-week high was 130.34 and its 52-week low was 56.72. CLB stock is 14.42% above its 52 Week Low.

Our calculations show a 200 day moving average of 99.89 and a 50 day moving average of 67.82. Currently CLB stock is trading -35.03% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  ClearBridge Mid Cap Strategy Portfolio Manager Commentary Q4 2018

Earnings:

The last annual fiscal EPS for the company was reported at 2.28 that ended on 31st of December 2018, which according to the previous close, that is a PE of 36.26. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.49. The TTM EPS is 2.28, which comes to a TTM PE of 28.46. Historically, the PE high was 86.20 and the PE low was 15.10. If the stock reached its PE low, that would represent a price of 34.43, which is a decrease of -46.94%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.48
09-30-2018:  0.64
06-30-2018:  0.59
03-31-2018:  0.57

The dividend per share is currently 2.20, which is a dividend yield of 3.39%.

Base on our calculations, the intrinsic value per share is 77.98, which means it is possibly undervalued and has a margin of safety of 16.78%

Indicators to Watch:

Based on the latest filings, there is 1.90% of insider ownership and 170.10% of institutional ownership. Short-interest is 4,296,665, which is 9.72% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.87. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.89

SeekingAlpha:  ClearBridge Mid Cap Strategy Portfolio Manager Commentary Q4 2018

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 12.89%, profit margin is 11.38%, price-to-sales is 4.03 and price-to-book is 17.94.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 3  :Financial Strength Score
 5  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.