Shares of Mobileye N.V. (NYSE:MBLY) have earned a consensus rating of “Hold” from the twenty-eight research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, twenty-two have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $55.70.
MBLY has been the subject of a number of analyst reports. BidaskClub upgraded Mobileye N.V. from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. Jefferies Group LLC reiterated a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a report on Thursday, July 6th. Royal Bank Of Canada reiterated a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a report on Friday, May 19th. Vetr upgraded Mobileye N.V. from a “sell” rating to a “hold” rating and set a $63.50 target price for the company in a research note on Wednesday, April 26th. Finally, Robert W. Baird lowered Mobileye N.V. from an “outperform” rating to a “neutral” rating and set a $64.00 target price for the company. in a research note on Thursday, April 20th.
A number of hedge funds and other institutional investors have recently modified their holdings of MBLY. BlackRock Inc. raised its position in shares of Mobileye N.V. by 15.4% in the second quarter. BlackRock Inc. now owns 6,344,143 shares of the software maker’s stock worth $398,415,000 after buying an additional 845,680 shares in the last quarter. Alpine Associates Management Inc. raised its position in Mobileye N.V. by 7.1% in the second quarter. Alpine Associates Management Inc. now owns 2,257,769 shares of the software maker’s stock worth $141,788,000 after buying an additional 149,869 shares during the period. Seven Eight Capital LP raised its position in Mobileye N.V. by 33.7% in the second quarter. Seven Eight Capital LP now owns 108,088 shares of the software maker’s stock worth $6,788,000 after buying an additional 27,259 shares during the period. Capital Fund Management S.A. raised its position in Mobileye N.V. by 30.5% in the second quarter. Capital Fund Management S.A. now owns 61,815 shares of the software maker’s stock worth $3,882,000 after buying an additional 14,441 shares during the period. Finally, Mcdonald Capital Investors Inc. CA acquired a new position in Mobileye N.V. during the second quarter worth $314,000. 58.70% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Mobileye N.V. (NYSE:MBLY) opened at 63.55 on Monday. The firm has a 50-day moving average price of $63.20 and a 200 day moving average price of $58.00. Mobileye N.V. has a 12-month low of $33.69 and a 12-month high of $63.55. The stock has a market cap of $14.10 billion, a PE ratio of 124.61 and a beta of 0.90.
Mobileye N.V. (NYSE:MBLY) last announced its quarterly earnings data on Thursday, June 1st. The software maker reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.07. Mobileye N.V. had a return on equity of 17.78% and a net margin of 29.43%. The company had revenue of $124.70 million for the quarter, compared to analysts’ expectations of $118.52 million. During the same quarter in the prior year, the firm earned $0.15 earnings per share. Mobileye N.V.’s revenue was up 65.8% compared to the same quarter last year. Equities research analysts expect that Mobileye N.V. will post $1.05 earnings per share for the current year.
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About Mobileye N.V.
Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.
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