Mobileye NV (NASDAQ:MBLY) issued its earnings results on Tuesday. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. The firm earned $94.90 million during the quarter, compared to the consensus estimate of $89.51 million. The firm’s revenue for the quarter was up 34.4% compared to the same quarter last year. During the same period last year, the business earned $0.15 earnings per share.

Mobileye NV (NASDAQ:MBLY) opened at 39.77 on Tuesday. The company has a market cap of $8.72 billion and a PE ratio of 101.97. The firm’s 50-day moving average price is $38.98 and its 200-day moving average price is $41.86. Mobileye NV has a one year low of $23.57 and a one year high of $51.15.

Several large investors have recently modified their holdings of the stock. Victory Capital Management Inc. boosted its stake 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 during the last quarter. Integrated Investment Consultants LLC raised its stake 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 during the last quarter. Global X Management Co. LLC acquired a new stake in shares of Mobileye NV during the third quarter valued at approximately $137,000. FUKOKU MUTUAL LIFE INSURANCE Co raised its stake 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 during the last quarter. Finally, Tower Research Capital LLC TRC raised its stake 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 during the last quarter.

Several research analysts recently commented on MBLY shares. TheStreet cut Mobileye NV to a “sell” rating in a research report on Monday, October 17th. Piper Jaffray Cos. reiterated an “overweight” rating and set a $60.00 price objective on shares of Mobileye NV in a research note on Tuesday, August 16th. Morgan Stanley reiterated an “overweight” rating and set a $48.00 price objective on shares of Mobileye NV in a research note on Sunday, July 31st. Deutsche Bank AG reiterated a “buy” rating and set a $72.00 price objective on shares of Mobileye NV in a research note on Friday, October 14th. Finally, William Blair reiterated an “outperform” rating on shares of Mobileye NV in a research note on Monday, September 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Mobileye NV presently has an average rating of “Buy” and a consensus target price of $58.92.

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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