Did you miss the impressive Civeo (NYSE: CVEO) share price gain of 174%?

When you buy shares in a company, there is always a risk that the price will drop to zero. But if you choose the right stock, you can save a lot After that 100%. For example, the Civeo Corporation (NYSE: CVEO) The stock price has more than doubled in just one year, up 174%. The 19% gain over the past three months has also pleased shareholders. In contrast, long-term returns are negative, as the stock price is 61% lower than it was three years ago.

See our latest analysis for Civeo

Since Civeo has only made minimal profits in the past twelve months, we will focus on revenue to assess its business development. Generally, we think this type of business is more comparable to loss-making stocks because the actual profit is so low. It would be hard to believe in a more profitable future without revenue growth.

Civeo has actually decreased its revenue over the past year, down 7.4%. We’re a little surprised to see the share price climb 174% over the past year. It just shows that the market doesn’t always pay attention to the reported numbers. Of course, the market might expect this drop in revenue.

The company’s revenue and profits (over time) are shown in the image below (click to see exact numbers).

NYSE: CVEO Profits and Revenue Growth July 2, 2021

We know Civeo has improved its results lately, but what does the future hold? You can see what analysts are predicting for Civeo in this interactive graph of future profit estimates.

A different perspective

We are pleased to report that Civeo shareholders achieved a total shareholder return of 174% over one year. In particular, the loss of the annualized five-year TSR of 2% per year compares very unfavorably with the recent evolution of the share price. It makes us a little suspicious, but the company may have changed course. It is always interesting to follow the evolution of stock prices over the long term. But to understand Civeo better, there are many other factors that we need to take into account. Take risks, for example – Civeo has 2 warning signs we think you should be aware.

Of course, you might find a fantastic investment looking elsewhere. So take a look at this free list of companies that we believe will increase their profits.

Please note that the market returns quoted in this article reflect the market-weighted average returns of stocks currently traded on the US stock exchanges.

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This Simply Wall St article is general in nature. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.
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