Stock's Buzzers: Mobileye NV (NYSE:MBLY)
- Author: Zachary Reyes Feb 24, 2017,
Feb 24, 2017, 6:44
Mobileye N.V. The stock gained a consensus recommendation of 1.68 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company has a consensus rating of "Buy" and an average target price of $53.67.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
A number of other equities research analysts also recently weighed in on MBLY. Finally, Monness Crespi & Hardt cut shares of Mobileye N.V. from a "buy" rating to a "neutral" rating in a report on Tuesday. Barclays PLC reiterated a "buy" rating and set a $60.00 price target on shares of Mobileye N.V.in a research note on Wednesday, November 16th.
Mobileye N.V. (NYSE:MBLY) was the recipient of a large growth in short interest in the month of January. Mobileye N.V. now has an average rating of "Buy" and a consensus target price of $53.95. Mobileye N.V. has a 52-week low of $23.57 and a 52-week high of $51.15.
Mobileye NV (MBLY) made into the market gainers list on Wednesdays trading session with the shares advancing 2.82% or 1.3 points.
The company has a 50 day moving average of 43.18 and a 200 day moving average of 41.32. Mobileye N.V. The stock has a market cap of $10.44 billion, a P/E ratio of 118.55 and a beta of 0.97.
Mobileye NV (NYSE:MBLY) announced the earnings results for Fiscal Year 2016 and Q4. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $104.581M.
Shares of Mobileye N.V. (NYSE:MBLY) opened at 42.59 on Friday. With the last close up 14.77% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period.
Mobileye cofounder and CEO Ziv Aviram said, "The fourth quarter marked a strong finish to 2016, which resulted in our ability to exceed revenue and profitability expectations for the full year".
Average Revenue Estimate for the current quarter is $103.99 Million, according to consensus forecast of 15 analysts. If you are accessing this piece on another website, it was illegally copied and republished in violation of USA and global copyright and trademark law.
Hedge funds and other institutional investors have recently modified their holdings of the company. Discovery Capital Management LLC CT owned 0.12% of Mobileye N.V.at the end of the most recent reporting period.
Mobileye generated $52.8 million in net cash from operating activities for the fourth quarter of 2016, contrast to $29.6 million for the prior-year period. Ladenburg Thalmann Financial Services Inc. now owns 4,586 shares of the company's stock worth $178,000 after buying an additional 535 shares in the last quarter. HighPoint Advisor Group LLC bought a new stake in Mobileye N.V. during the third quarter valued at $200,000. LLC boosted its position in shares of Mobileye N.V.by 39.7% in the fourth quarter. Finally, Capital International Inc.
Mobileye N.V.is engaged in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems (ADAS) and autonomous driving technologies. Within total revenue, original equipment manufacturing (OEM) revenue was $77.5 million, compared to $61.2 million in the prior-year period.