Mobileye N.V. (MBLY) Upgraded at BidaskClub
BidaskClub upgraded shares of Mobileye N.V. (NYSE:MBLY) from a sell rating to a hold rating in a research report released on Saturday morning.
MBLY has been the topic of several other research reports. Jefferies Group LLC reaffirmed a hold rating and set a $63.54 price target on shares of Mobileye N.V. in a research report on Thursday, July 6th. Royal Bank Of Canada reaffirmed a hold rating and set a $63.54 price target on shares of Mobileye N.V. in a research report on Friday, May 19th. One equities research analyst has rated the stock with a sell rating, twenty-three have assigned a hold rating and two have issued a buy rating to the company. Mobileye N.V. presently has a consensus rating of Hold and a consensus price target of $55.73.
Mobileye N.V. (NYSE MBLY) opened at 63.23 on Friday. The stock’s 50 day moving average price is $63.30 and its 200 day moving average price is $59.57. Mobileye N.V. has a 12 month low of $33.69 and a 12 month high of $63.56. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 123.98 and a beta of 0.90.
Mobileye N.V. (NYSE:MBLY) last released its quarterly earnings results on Thursday, June 1st. The software maker reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.07. The firm had revenue of $124.70 million for the quarter, compared to analyst estimates of $118.52 million. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The business’s revenue for the quarter was up 65.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 EPS. Equities research analysts anticipate that Mobileye N.V. will post $1.05 earnings per share for the current fiscal year.
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Several institutional investors have recently bought and sold shares of the company. Lazard Asset Management LLC increased its position in Mobileye N.V. by 0.9% in the second quarter. Lazard Asset Management LLC now owns 8,842 shares of the software maker’s stock valued at $555,000 after buying an additional 76 shares during the period. Comerica Bank increased its position in Mobileye N.V. by 0.6% in the first quarter. Comerica Bank now owns 18,481 shares of the software maker’s stock valued at $1,145,000 after buying an additional 118 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Mobileye N.V. by 0.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,871 shares of the software maker’s stock valued at $2,692,000 after buying an additional 157 shares during the period. Prudential Financial Inc. increased its position in Mobileye N.V. by 1.1% in the first quarter. Prudential Financial Inc. now owns 17,222 shares of the software maker’s stock valued at $1,057,000 after buying an additional 182 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Mobileye N.V. by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,426 shares of the software maker’s stock valued at $149,000 after buying an additional 312 shares during the period. Institutional investors and hedge funds own 60.95% 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.
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