Vetr cut shares of Mobileye N.V. from a "strong-buy" rating to a "buy" rating and set a $52.69 target price for the company.in a research note on Wednesday.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
Several other research firms have also recently weighed in on MBLY. They noted that the move was a valuation call.
According to an update released by analysts at RBC Capital Markets the broker has now set a "Outperform" rating on shares of Mobileye (NYSE:MBLY) with a price target of 57.
Price-to-Earnings Ratio is the current share price divided by annual earnings per share. Zacks Investment Research upgraded Mobileye N.V. from a sell rating to a hold rating in a research report on Friday, December 9th.
In a different note, On Feb 1, 2017, Morgan Stanley said it Downgrades its rating on Mobileye NV. Buy rating has been given by 8 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 6 analysts given HOLD rating. Mobileye N.V. now has a consensus rating of "Buy" and an average target price of $54.36. The stock's 50-day moving average price is $42.76 and its 200-day moving average price is $41.38. The Short Ratio for the stock is 8.55.
Mobileye N.V. Gross Margin percentage stands at 75.4% while its Operating Margin for trailing twelve month is 32.2 percent and Profit margin (ttm) is 29.1 Percent. The company reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.02.
Revenue for the fourth quarter of 2016 was $104.6 million, up from $71.8 in the corresponding quarter of 2015 and above the analysts' consensus of $96.4 million. After market (AM) revenue contributed the remaining $27.0 million of total revenue for the fourth quarter of 2016, compared to $10.6 million in the prior-year period. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 5.6%.
The Average Selling Price (ASP) per EyeQ unit in the fourth quarter gained 1.8% to $45.50, up from $44.70 past year. Finally, Needham & Company LLC started coverage on Mobileye N.V.in a research report on Wednesday, November 30th. If you are reading this piece on another domain, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark laws. The correct version of this article can be read at https://www.chaffeybreeze.com/2017/02/24/mobileye-n-v-s-mbly-buy-rating-reiterated-at-evercore-isi.html.
A number of large investors have recently modified their holdings of MBLY.
Shares of Mobileye N.V. Finally, United Capital Financial Advisers LLC acquired a new stake in shares of Mobileye N.V. during the fourth quarter valued at approximately $834,000. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 9 analysts of Thomson Reuters, 7 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. MA raised its stake in Mobileye N.V.by 0.9% in the fourth quarter. Ecofin Ltd. bought a new stake in Mobileye N.V. during the fourth quarter valued at $13,378,000.
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.