Core Laboratories LP (NYSE:CLB) Quarterly Sentiment Report

May 19, 2017 - By Maria Brooks

 Core Laboratories LP (NYSE:CLB) Quarterly Sentiment Report

Sentiment for Core Laboratories LP (NYSE:CLB)

Core Laboratories LP (NYSE:CLB) institutional sentiment decreased to 0.86 in 2016 Q4. Its down -0.28, from 1.14 in 2016Q3. The ratio dived, as 142 investment professionals increased or opened new stock positions, while 166 decreased and sold their stakes in Core Laboratories LP. The investment professionals in our partner’s database now hold: 44.52 million shares, up from 43.22 million shares in 2016Q3. Also, the number of investment professionals holding Core Laboratories LP in their top 10 stock positions was flat from 6 to 6 for the same number . Sold All: 47 Reduced: 119 Increased: 99 New Position: 43.

Core Laboratories N.V. provides reservoir description, production enhancement and reservoir management services to the gas and oil industry. The company has market cap of $4.87 billion. The Firm operates through three divisions: Reservoir Description, Production Enhancement and Reservoir Management. It has a 72.21 P/E ratio. The Reservoir Description segment encompasses the characterization of petroleum reservoir rock, fluid and gas samples.

About 275,115 shares traded. Core Laboratories N.V. (NYSE:CLB) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Analysts await Core Laboratories N.V. (NYSE:CLB) to report earnings on July, 19. They expect $0.51 EPS, up 45.71 % or $0.16 from last year’s $0.35 per share. CLB’s profit will be $22.83 million for 53.32 P/E if the $0.51 EPS becomes a reality. After $0.42 actual EPS reported by Core Laboratories N.V. for the previous quarter, Wall Street now forecasts 21.43 % EPS growth.

Underhill Investment Management Llc holds 5.76% of its portfolio in Core Laboratories N.V. for 82,770 shares. Wcm Investment Management Ca owns 3.95 million shares or 5.72% of their US portfolio. Moreover, Archon Capital Management Llc has 5.58% invested in the company for 27,070 shares. The Missouri-based Wedgewood Partners Inc has invested 4.82% in the stock. Sustainable Growth Advisers Lp, a Connecticut-based fund reported 1.57 million shares.#img1#

Since January 1, 0001, it had 2 insider buys, and 0 selling transactions for $35,617 activity.

Core Laboratories N.V. (NYSE:CLB) Ratings Coverage

Ratings analysis reveals 45% of Core Laboratories’s analysts are positive. Out of 20 Wall Street analysts rating Core Laboratories, 9 give it “Buy”, 0 “Sell” rating, while 11 recommend “Hold”. The lowest target is $80 while the high is $155. The stock’s average target of $116.06 is 6.69% above today’s ($108.78) share price. CLB was included in 32 notes of analysts from August 24, 2015. HSBC downgraded the shares of CLB in report on Tuesday, January 26 to “Red” rating. The stock has “Perform” rating by Oppenheimer on Tuesday, January 12. As per Monday, May 16, the company rating was maintained by Citigroup. The stock has “Buy” rating by KLR Group on Monday, December 14. The firm earned “Neutral” rating on Thursday, September 1 by Credit Suisse. Cowen & Co maintained the stock with “Market Perform” rating in Monday, October 26 report. The stock has “Outperform” rating by RBC Capital Markets on Friday, September 18. The firm earned “Outperform” rating on Thursday, January 28 by RBC Capital Markets. On Tuesday, April 5 the stock rating was initiated by Stephens with “Equal-Weight”. The company was maintained on Tuesday, April 19 by Morgan Stanley.

More notable recent Core Laboratories N.V. (NYSE:CLB) news were published by: Fool.com which released: “5 Reasons to Buy Core Laboratories NV Now” on March 21, 2017, also Fool.com with their article: “Core Laboratories NV Results Continue to Rebound” published on April 20, 2017, Fool.com published: “3 Things to Watch When Core Laboratories NV Reports Earnings” on April 17, 2017. More interesting news about Core Laboratories N.V. (NYSE:CLB) were released by: Fool.com and their article: “Core Laboratories NV Earnings Bottom Out” published on July 21, 2016 as well as Fool.com‘s news article titled: “5 Things Core Laboratories NV’s Management Wants You to Know About What’s …” with publication date: January 30, 2017.

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