Mobileye NV (NASDAQ:MBLY) was downgraded by analysts at TheStreet to a “sell” rating in a note issued to investors on Monday.

Several other equities research analysts have also issued reports on the company. Deutsche Bank AG reissued a “buy” rating and set a $72.00 price target on shares of Mobileye NV in a research report on Thursday, June 30th. Piper Jaffray Cos. reissued an “overweight” rating and set a $60.00 price target on shares of Mobileye NV in a research report on Tuesday, August 16th. Morgan Stanley restated an “overweight” rating and set a $48.00 price objective on shares of Mobileye NV in a research note on Sunday, July 31st. William Blair restated an “outperform” rating on shares of Mobileye NV in a research note on Monday, September 19th. Finally, Citigroup Inc. restated a “buy” rating and set a $66.00 price objective on shares of Mobileye NV in a research note on Friday, July 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $58.92.

Analyst Recommendations for Mobileye NV (NASDAQ:MBLY)

Mobileye NV (NASDAQ:MBLY) traded up 1.473% during midday trading on Monday, reaching $37.535. The company’s stock had a trading volume of 762,676 shares. The company’s 50-day moving average price is $43.68 and its 200-day moving average price is $41.97. Mobileye NV has a 1-year low of $23.57 and a 1-year high of $51.15. The company has a market capitalization of $8.23 billion and a price-to-earnings ratio of 96.244.

Mobileye NV (NASDAQ:MBLY) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The firm had revenue of $83.50 million for the quarter, compared to analyst estimates of $77.64 million. The business’s revenue was up 58.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 earnings per share. On average, analysts predict that Mobileye NV will post $0.71 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its position in shares of Mobileye NV by 150.4% in the second quarter. Victory Capital Management Inc. now owns 2,459 shares of the company’s stock valued at $113,000 after buying an additional 1,477 shares in the last quarter. Integrated Investment Consultants LLC boosted its position in shares of Mobileye NV by 14.5% in the second quarter. Integrated Investment Consultants LLC now owns 2,530 shares of the company’s stock valued at $117,000 after buying an additional 321 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co boosted its position in shares of Mobileye NV by 20.0% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 3,000 shares of the company’s stock valued at $138,000 after buying an additional 500 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Mobileye NV by 3,087.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,187 shares of the company’s stock valued at $147,000 after buying an additional 3,087 shares in the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of Mobileye NV by 91.9% in the third quarter. Advisory Services Network LLC now owns 3,550 shares of the company’s stock valued at $151,000 after buying an additional 1,700 shares in the last quarter.

About Mobileye NV

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. The Company operates through two segments: Original Equipment Manufacturing (OEM) and aftermarket (AM).

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