Jefferies Group LLC reaffirmed their hold rating on shares of Mobileye N.V. (NYSE:MBLY) in a research note published on Thursday, July 6th. Jefferies Group LLC currently has a $63.54 target price on the software maker’s stock.

A number of other research analysts also recently weighed in on the stock. Vetr downgraded shares of Mobileye N.V. from a buy rating to a hold rating and set a $49.15 target price for the company. in a research report on Monday, March 13th. Robert W. Baird cut shares of Mobileye N.V. from an outperform rating to a neutral rating and set a $64.00 price target on the stock. in a research note on Thursday, April 20th. Barclays PLC cut shares of Mobileye N.V. from an overweight rating to an equal weight rating and upped their price target for the company from $60.00 to $63.00 in a research note on Wednesday, March 15th. TheStreet upgraded shares of Mobileye N.V. from a d+ rating to a c- rating in a research note on Thursday, March 16th. Finally, Piper Jaffray Companies cut shares of Mobileye N.V. from an overweight rating to a neutral rating in a research note on Monday, March 20th. Two analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $55.85.

Shares of Mobileye N.V. (NYSE MBLY) traded up 0.02% during midday trading on Thursday, reaching $63.50. 2,263,872 shares of the company’s stock traded hands. The firm has a market cap of $14.09 billion, a PE ratio of 124.51 and a beta of 0.90. Mobileye N.V. has a 12 month low of $33.69 and a 12 month high of $63.50. The stock has a 50-day moving average price of $63.04 and a 200 day moving average price of $57.27.

Mobileye N.V. (NYSE:MBLY) last released its earnings results on Thursday, June 1st. The software maker reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.07. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The firm had revenue of $124.70 million during the quarter, compared to the consensus estimate of $118.52 million. During the same period in the prior year, the firm earned $0.15 EPS. The company’s revenue was up 65.8% compared to the same quarter last year. Equities research analysts predict that Mobileye N.V. will post $1.05 earnings per share for the current year.

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Hedge funds have recently bought and sold shares of the stock. HighPoint Advisor Group LLC boosted its stake in Mobileye N.V. by 5.5% in the fourth quarter. HighPoint Advisor Group LLC now owns 5,450 shares of the software maker’s stock valued at $253,000 after buying an additional 284 shares during the period. Perigon Wealth Management LLC boosted its stake in Mobileye N.V. by 9.2% in the fourth quarter. Perigon Wealth Management LLC now owns 12,610 shares of the software maker’s stock valued at $592,000 after buying an additional 1,060 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Mobileye N.V. by 326.1% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 448,829 shares of the software maker’s stock valued at $17,109,000 after buying an additional 343,500 shares during the period. Vident Investment Advisory LLC boosted its stake in Mobileye N.V. by 44.0% in the fourth quarter. Vident Investment Advisory LLC now owns 34,464 shares of the software maker’s stock valued at $1,314,000 after buying an additional 10,527 shares during the period. Finally, Norges Bank bought a new stake in Mobileye N.V. during the fourth quarter valued at $58,191,000. Hedge funds and other institutional investors own 61.97% of the company’s stock.

Mobileye N.V. Company Profile

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.

Analyst Recommendations for Mobileye N.V. (NYSE:MBLY)

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