April 30, 2015

VALUATION WATCH: Overvalued stocks now make up 61.83% of our stocks assigned a valuation and 22.88% of those equities are calculated to be overvalued by 20% or more.  Fifteen sectors are calculated to be overvalued--with seven at or near double digits.

--Small Cap Success Story

Civeo Up More than 35% for VE Small Cap Portfolio

Civeo Corporation (CVEO) is a provider of long-term and temporary remote site accommodations, logistics and facility management services. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States. Civeo Corporation is headquartered in Houston, Texas

Civeo is currently blasting away for our VE Small Cap Portfolio. The company is in the troubled oil services industry, yet it is up more than 35% since our most recent re-balance. Better than expected earnings results yesterday helped the company put in another leg up today--currently up @15% for the day.

Of course, the stock is down a huge amount since the oil crash last year, but recent activity shows it may be back from the dead. Posting flat earnings instead of a loss helped the company. In addition, an announced HQ move to Canada should also help the firm's long-term prospects due to some tax advantages and the fact that the company has a lot of its business in that country.

In their earnings press release, Bradley J. Dodson, President and CEO said, "We are pleased with our results for the first quarter 2015, in light of difficult market conditions, as well as our ability to increase operating cash flows after capital expenditures when compared to the first quarter 2014. We remain confident in our team's ability to manage through the headwinds and continue meeting and exceeding the needs of our clients to generate the best possible results for shareholders."

ValuEngine continues its BUY recommendation on CIVEO CORP for 2015-04-29. Based on the information we have gathered and our resulting research, we feel that CIVEO CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Book Market Ratio.

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Read our Complete Detailed Valuation Report on CIVEO HERE.

Below is today's data on CVEO :

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	3.98	1.16%
3-Month	4.04	2.70%
6-Month	4.18	6.27%
1-Year	4.48	13.93%
2-Year	4.16	5.76%
3-Year	3.62	-7.83%

Valuation & Rankings
Valuation	n/a	Valuation Rank(?)	n/a
1-M Forecast Return	1.16%	1-M Forecast Return Rank	99
12-M Return	n/a	Momentum Rank(?)	n/a
Sharpe Ratio	-2.29	Sharpe Ratio Rank(?)	1
5-Y Avg Annual Return	-305.05%	5-Y Avg Annual Rtn Rank	1
Volatility	133.26%	Volatility Rank(?)	4
Expected EPS Growth	-184.39%	EPS Growth Rank(?)	3
Market Cap (billions)	0.41	Size Rank	53
Trailing P/E Ratio	4.84	Trailing P/E Rank(?)	99
Forward P/E Ratio	n/a	Forward P/E Ratio Rank	n/a
PEG Ratio	n/a	PEG Ratio Rank	n/a
Price/Sales	0.43	Price/Sales Rank(?)	86
Market/Book	0.53	Market/Book Rank(?)	91
Beta	8.54	Beta Rank	1
Alpha	n/a	Alpha Rank	n/a

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