Stock To Watch: Core Laboratories N.V. (NYSE:CLB)


The leading market experts have placed a mean price target of $127.14 on Core Laboratories N.V. (NYSE:CLB) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.40 a share for the upcoming quarter and $1.60 for the current fiscal. Technical View The technical analysis of Core Laboratories N.V. Common S plainly substantiates that the 50-day moving average of Core Laboratories N.V. Common S is $124.03, and stock is hovering -0.57 or -0.46% distant from $124.03. It is noted that the 200-day MA is $111.64, and Core Laboratories N.V. Common S stock is $11.82 or +10.59% off from this point. Core Laboratories N.V. (NYSE:CLB) 52-week high is $135.49 and the 52-week low is $84.50. This explains if the stock moves $-12.03, it will post a 52-week high. In event of $+46.11% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Core Laboratories N.V. Common S, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Core Laboratories N.V. (NYSE:CLB) ratio came in at 53.45. The stock last ended the trading session at $123.46 and registered a market cap of $5.23B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Core Laboratories N.V. (NYSE:CLB) PEG ratio is at 3.90.

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