Chicago Bridge & Iron Company N.V. (CBI) Given News Sentiment Rating of 0.13
Press coverage about Chicago Bridge & Iron Company N.V. (NYSE:CBI) has been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chicago Bridge & Iron Company N.V. earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 46.2133787750698 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Short Interest in Chicago Bridge & Iron Company N.V. (CBI) Drops By 13.0% (americanbankingnews.com)
- Update Regarding Lawsuit on Behalf of Participants in the 401(k) Plan of … (markets.businessinsider.com)
- Update Regarding Lawsuit on Behalf of Participants in the 401(k) Plan of Chicago Bridge & Iron Company N.V. (NYSE: CBI) Announced by Stull, Stull & Brody (finance.yahoo.com)
- ETFs with exposure to Chicago Bridge & Iron Co. NV : October 13, 2017 (finance.yahoo.com)
- Analysts’ Ratings Review: Chicago Bridge & Iron Company NV (CBI) – ExpertGazette (expertgazette.com)
Shares of Chicago Bridge & Iron Company N.V. (NYSE CBI) traded down 1.11% on Tuesday, reaching $16.02. 1,243,156 shares of the company’s stock traded hands. The stock’s market capitalization is $1.62 billion. Chicago Bridge & Iron Company N.V. has a 52 week low of $9.55 and a 52 week high of $36.56. The stock’s 50-day moving average price is $15.20 and its 200-day moving average price is $19.20.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) last released its quarterly earnings results on Wednesday, August 9th. The construction company reported ($2.96) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.85 by ($3.81). The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Chicago Bridge & Iron Company N.V. had a negative return on equity of 3.92% and a negative net margin of 10.54%. The firm’s revenue was down 40.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.17 EPS. Equities analysts predict that Chicago Bridge & Iron Company N.V. will post ($1.83) EPS for the current year.
Several research firms recently issued reports on CBI. BidaskClub upgraded shares of Chicago Bridge & Iron Company N.V. from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Citigroup Inc. restated a “neutral” rating and set a $20.00 price objective (down from $23.00) on shares of Chicago Bridge & Iron Company N.V. in a research report on Tuesday, July 18th. Robert W. Baird set a $10.00 price objective on shares of Chicago Bridge & Iron Company N.V. and gave the stock a “hold” rating in a research report on Thursday, August 10th. KeyCorp restated a “hold” rating on shares of Chicago Bridge & Iron Company N.V. in a research report on Friday, September 22nd. Finally, Wells Fargo & Company upgraded shares of Chicago Bridge & Iron Company N.V. from a “market perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a research report on Wednesday, June 28th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.19.
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In other Chicago Bridge & Iron Company N.V. news, insider Daniel M. Mccarthy sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $16.04, for a total value of $120,300.00. Following the completion of the transaction, the insider now owns 112,464 shares in the company, valued at approximately $1,803,922.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is owned by corporate insiders.
About Chicago Bridge & Iron Company N.V.
Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.
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