Core Laboratories Stock Buy Hold or Sell Recommendation

CLB
 Stock
  

USD 13.91  1.83  11.63%   

Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding Core Laboratories NV is 'Strong Buy'. Macroaxis provides Core Laboratories buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CLB positions. The advice algorithm takes into account all of Core Laboratories' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Core Laboratories' buy-and-hold perspective. Continue to Core Laboratories Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Core Laboratories and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Core Laboratories NV.

Execute Core Laboratories Buy or Sell Advice

The Core Laboratories recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Core Laboratories NV. Macroaxis does not own or have any residual interests in Core Laboratories NV or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Core Laboratories' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Core LaboratoriesBuy Core Laboratories
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Core Laboratories NV has a Risk Adjusted Performance of (0.12), Jensen Alpha of (0.41), Total Risk Alpha of (0.30) and Treynor Ratio of (0.39)
Our trade advice tool can cross-verify current analyst consensus on Core Laboratories and to analyze the company potential to grow in the current economic cycle. To make sure Core Laboratories is not overpriced, please confirm all Core Laboratories fundamentals, including its number of shares shorted, revenue, cash and equivalents, as well as the relationship between the price to book and ebitda . Given that Core Laboratories has a price to earning of 32.88 X, we suggest you to validate Core Laboratories NV market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Core Laboratories Trading Alerts and Improvement Suggestions

Core Laboratories generated a negative expected return over the last 90 days
Core Laboratories has high historical volatility and very poor performance
On 29th of August 2022 Core Laboratories paid $ 0.01 per share dividend to its current shareholders

Core Laboratories current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Core Laboratories analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Core Laboratories analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price20.39
Target Median Price20.39
Target High Price20.39
Recommendation Mean4.00
Number Of Analyst Opinions1
Target Low Price20.39
Average Consensus Sell
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Core Laboratories Returns Distribution Density

The distribution of Core Laboratories' historical returns is an attempt to chart the uncertainty of Core Laboratories' future price movements. The chart of the probability distribution of Core Laboratories stock daily returns describes the distribution of returns around its average expected value. We use Core Laboratories NV price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Core Laboratories returns is essential to provide solid investment advice for Core Laboratories.
Mean Return-0.46Value At Risk-6.33
Potential Upside5.93Standard Deviation3.99
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Core Laboratories historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Core Laboratories Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Core Laboratories is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Core Laboratories NV backward and forwards among themselves. Core Laboratories' institutional investor refers to the entity that pools money to purchase Core Laboratories' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Ariel Investments LlcCommon Shares9.2 M181.9 M
Blackrock IncCommon Shares5.6 M111.6 M
Vanguard Group IncCommon Shares5.1 M101 M
Fred Alger Management LlcCommon SharesM79.7 M
Earnest Partners LlcCommon Shares3.3 M65.4 M
Boston Trust Walden CorpCommon SharesM39.5 M
Van Eck Associates CorpCommon Shares1.9 M38 M
Note, although Core Laboratories' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Core Laboratories Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Core Laboratories or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Core Laboratories' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Core Laboratories stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.41
β
Beta against DOW1.21
σ
Overall volatility
3.92
Ir
Information ratio -0.11

Core Laboratories Volatility Alert

Core Laboratories NV exhibits very low volatility with skewness of -0.04 and kurtosis of 0.17. However, we advise investors to further study Core Laboratories NV technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Core Laboratories' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Core Laboratories' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Core Laboratories Fundamentals Vs Peers

Comparing Core Laboratories' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Core Laboratories' direct or indirect competition across all of the common fundamentals between Core Laboratories and the related equities. This way, we can detect undervalued stocks with similar characteristics as Core Laboratories or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Core Laboratories' fundamental indicators could also be used in its relative valuation, which is a method of valuing Core Laboratories by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Core Laboratories to competition
FundamentalsCore LaboratoriesPeer Average
Return On Equity5.55 %(0.31) %
Return On Asset3.53 %(0.14) %
Profit Margin1.82 %(1.27) %
Operating Margin10.64 %(5.51) %
Current Valuation1.11 B16.62 B
Shares Outstanding46.29 M571.82 M
Shares Owned by Insiders0.52 %10.09 %
Shares Owned by Institutions107.85 %39.21 %
Number of Shares Shorted5.17 M4.71 M
Price to Earning32.88 X28.72 X
Price to Book4.53 X9.51 X
Price to Sales1.34 X11.42 X
Revenue479.32 M9.43 B
Gross Profit102.36 M27.38 B
EBITDA50.98 M3.9 B
Net Income8.74 M570.98 M
Cash and Equivalents16.15 M2.7 B
Cash per Share0.35 X5.01 X
Total Debt244.22 M5.32 B
Debt to Equity1.41 %48.70 %
Current Ratio2.08 X2.16 X
Book Value Per Share3.07 X1.93 K
Cash Flow from Operations25 M971.22 M
Short Ratio11.24 X4.00 X
Earnings Per Share0.42 X3.12 X
Price to Earnings To Growth1.36 X4.89 X
Number of Employees3.6 K18.84 K
Beta2.73-0.15
Market Capitalization643.89 M19.03 B
Total Asset625.26 M29.47 B
Retained Earnings213.91 M9.33 B
Working Capital117.79 M1.48 B
Current Asset238.55 M9.34 B
   Exercise or conversion by Mark Tattoli of 120 shares of Core Laboratories subject to Rule 16b-3 [view details]

About Core Laboratories Buy or Sell Advice

When is the right time to buy or sell Core Laboratories NV? Buying financial instruments such as Core Laboratories Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Core Laboratories in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Blockchain Thematic Idea Now

Blockchain
Blockchain Theme
Companies across muliple sectors and different technology products and services that are engaged in some capacity with blockchain technolgoy or evolution of cryptocurrency. The Blockchain theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Blockchain Theme or any other thematic opportunities.
View All  Next Launch
Continue to Core Laboratories Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for analysis

When running Core Laboratories price analysis, check to measure Core Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Core Laboratories is operating at the current time. Most of Core Laboratories' value examination focuses on studying past and present price action to predict the probability of Core Laboratories' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Core Laboratories' price. Additionally, you may evaluate how the addition of Core Laboratories to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Is Core Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Core Laboratories. If investors know Core Laboratories will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Core Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Core Laboratories is measured differently than its book value, which is the value of Core Laboratories that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine Core Laboratories value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.