Shares of Mobileye NV (NYSE:MBLY) have been assigned an average recommendation of “Buy” from the thirty brokerages that are covering the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $53.16.
MBLY has been the subject of a number of analyst reports. Vetr cut Mobileye NV from a “strong-buy” rating to a “buy” rating and set a $46.15 price target for the company. in a research report on Thursday, September 29th. Deutsche Bank AG restated a “buy” rating and issued a $72.00 price target on shares of Mobileye NV in a research report on Friday, October 14th. Needham & Company LLC initiated coverage on Mobileye NV in a research report on Wednesday, November 30th. They issued a “buy” rating and a $55.00 price target for the company. CLSA restated a “buy” rating and issued a $58.00 price target on shares of Mobileye NV in a research report on Wednesday, November 30th. Finally, Barclays PLC restated a “buy” rating and issued a $60.00 price target on shares of Mobileye NV in a research report on Wednesday, November 16th.
A hedge fund recently bought a new stake in Mobileye NV stock. HighPoint Advisor Group LLC purchased a new stake in Mobileye NV (NYSE:MBLY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,166 shares of the company’s stock, valued at approximately $200,000. Hedge funds and other institutional investors own 71.83% of the company’s stock.
Shares of Mobileye NV (NYSE:MBLY) opened at 42.02 on Thursday. Mobileye NV has a 52-week low of $23.57 and a 52-week high of $51.15. The company has a 50-day moving average price of $37.66 and a 200-day moving average price of $41.87. The company has a market cap of $9.25 billion, a P/E ratio of 105.05 and a beta of 0.92.
Mobileye NV (NYSE:MBLY) last issued its quarterly earnings results on Tuesday, November 15th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. The business earned $94.90 million during the quarter, compared to analysts’ expectations of $89.51 million. Mobileye NV had a return on equity of 16.36% and a net margin of 29.07%. The business’s quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.15 earnings per share. On average, equities analysts predict that Mobileye NV will post $0.71 EPS for the current year.
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).