Financial Contrast: Innovex International (NYSE:INVX) versus Core Laboratories (NYSE:CLB)

Innovex International (NYSE:INVX) and Core Laboratories (NYSE:CLB) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, institutional ownership, risk, dividends, analyst recommendations and profitability.

Risk and Volatility

Innovex International has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500. Comparatively, Core Laboratories has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500.

Profitability

This table compares Innovex International and Core Laboratories’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Innovex International	6.17%	7.12%	5.80%
Core Laboratories	5.10%	10.03%	4.71%

Analyst Ratings

This is a breakdown of current recommendations for Innovex International and Core Laboratories, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Innovex International	0	3	1	2	2.83
Core Laboratories	0	1	1	0	2.50

Innovex International presently has a consensus target price of $32.50, indicating a potential upside of 7.73%. Core Laboratories has a consensus target price of $21.00, indicating a potential upside of 68.74%. Given Core Laboratories’ higher probable upside, analysts plainly believe Core Laboratories is more favorable than Innovex International.

Valuation & Earnings

This table compares Innovex International and Core Laboratories”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Innovex International	$978.25 million	2.16	$83.30 million	$0.89	33.90
Core Laboratories	$526.52 million	1.08	$29.67 million	$0.56	22.22

Innovex International has higher revenue and earnings than Core Laboratories. Core Laboratories is trading at a lower price-to-earnings ratio than Innovex International, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

97.8% of Core Laboratories shares are owned by institutional investors. 34.9% of Innovex International shares are owned by company insiders. Comparatively, 1.3% of Core Laboratories shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Innovex International beats Core Laboratories on 10 of the 14 factors compared between the two stocks.

About Innovex International

Innovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.

About Core Laboratories

Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock and reservoir fluid samples to enhance production and improve recovery of crude oil and gas from its clients' reservoirs. It offers laboratory-based analytical and field services to characterize properties of crude oil and oil delivered products; and proprietary and joint industry studies, as well as services that support carbon capture, utilization and storage, geothermal projects, and the evaluation and appraisal of mining activities. The Production Enhancement segment provides services and products relating to reservoir well completions, perforations, stimulations, production, and well abandonment. It offers integrated diagnostic services to evaluate and monitor the effectiveness of well completions and to develop solutions to improve the effectiveness of enhanced oil recovery projects. The company markets and sells its products through a combination of sales representatives, technical seminars, trade shows, and print advertising, as well as through distributors. Core Laboratories Inc. was founded in 1936 and is based in Houston, Texas.