Core Laboratories Inc. (CLB)
NYSE: CLB · Real-Time Price · USD
19.31
+0.42 (2.22%)
Nov 4, 2024, 4:00 PM EST - Market closed
Core Laboratories Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Core Laboratories stock have an average target of 17, with a low estimate of 14 and a high estimate of 22. The average target predicts a decrease of -11.96% from the current stock price of 19.31.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for CLB stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $15 → $14 | Strong Sell | Maintains | $15 → $14 | -27.50% | Oct 31, 2024 |
| Stifel | Stifel | Hold Maintains $18 → $22 | Hold | Maintains | $18 → $22 | +13.93% | Jul 26, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $16 → $15 | Sell | Maintains | $16 → $15 | -22.32% | Jul 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $17 | Hold | Maintains | $18 → $17 | -11.96% | Jul 15, 2024 |
| Stifel | Stifel | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | -6.78% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
533.21M
from 509.79M
Increased by 4.59%
Revenue Next Year
566.37M
from 533.21M
Increased by 6.22%
EPS This Year
0.86
from 0.77
Increased by 12.21%
EPS Next Year
0.98
from 0.86
Increased by 13.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 562.0M | 629.4M | 609.5M | ||
| Avg | 533.2M | 566.4M | 575.1M | ||
| Low | 510.9M | 530.2M | 548.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.2% | 18.0% | 7.6% | ||
| Avg | 4.6% | 6.2% | 1.5% | ||
| Low | 0.2% | -0.6% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.95 | 1.13 | 1.23 | ||
| Avg | 0.86 | 0.98 | 1.10 | ||
| Low | 0.75 | 0.74 | 0.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.0% | 31.0% | 26.1% | ||
| Avg | 12.2% | 13.3% | 12.6% | ||
| Low | -2.0% | -13.8% | -4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.