Mobileye NV (MBLY) Given Outperform Rating at Wells Fargo & Co.
MBLY has been the subject of several other research reports. Vetr raised Mobileye NV from a buy rating to a strong-buy rating in a research note on Thursday, September 22nd. Evercore ISI set a $60.00 price objective on Mobileye NV and gave the company a buy rating in a research note on Friday, August 19th. William Blair reaffirmed an outperform rating on shares of Mobileye NV in a research note on Monday, September 19th. TheStreet downgraded Mobileye NV to a sell rating in a research note on Monday, October 17th. Finally, Credit Agricole SA reissued a buy rating and set a $58.00 target price on shares of Mobileye NV in a research report on Thursday, August 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Mobileye NV presently has an average rating of Buy and an average price target of $58.46.
Shares of Mobileye NV (NASDAQ:MBLY) traded down 0.34% during mid-day trading on Friday, hitting $38.59. 2,521,848 shares of the stock were exchanged. The stock has a market capitalization of $8.46 billion and a P/E ratio of 98.95. Mobileye NV has a 12-month low of $23.57 and a 12-month high of $51.15. The stock’s 50 day moving average price is $38.98 and its 200-day moving average price is $41.86.
Mobileye NV (NASDAQ:MBLY) last released its quarterly earnings data on Tuesday, November 15th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The firm earned $94.90 million during the quarter, compared to analyst estimates of $89.51 million. During the same period in the prior year, the company earned $0.15 EPS. The business’s quarterly revenue was up 34.4% compared to the same quarter last year. On average, equities research analysts expect that Mobileye NV will post $0.71 EPS for the current fiscal year.
Large investors have recently made changes to their positions in the stock. Bank of Montreal Can acquired a new stake in shares of Mobileye NV during the second quarter valued at about $12,910,000. Boston Private Wealth LLC raised its stake in shares of Mobileye NV by 22.2% in the second quarter. Boston Private Wealth LLC now owns 235,386 shares of the company’s stock valued at $10,861,000 after buying an additional 42,822 shares in the last quarter. Johnston Asset Management LLC raised its stake in shares of Mobileye NV by 9.3% in the second quarter. Johnston Asset Management LLC now owns 2,680,637 shares of the company’s stock valued at $123,685,000 after buying an additional 228,089 shares in the last quarter. CI Investments Inc. acquired a new stake in shares of Mobileye NV during the second quarter valued at about $81,165,000. Finally, Columbus Circle Investors raised its stake in shares of Mobileye NV by 7.3% in the second quarter. Columbus Circle Investors now owns 1,671,042 shares of the company’s stock valued at $77,102,000 after buying an additional 114,211 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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