Mobileye N.V. Ordinary Shares (NYSE:MBLY):
Mobileye Schedules its Third Quarter 2016 Financial Results Release for Tuesday, November 15, 2016.
The company is trading down from yesterday’s close of $37.6.
Shares are trading at $37.30 which is slightly below $40.74, the 50 day moving average and which is marginally lower than the 200 day moving average of $42.01. The 50 day moving average went down $-3.44 or -8.44% and the 200 day average went down by -11.21%.
The P/E ratio is currently 95.64 and the market value is 8.18B. As of the last earnings report the EPS was $0.39 and is projected to be $0.71 for the current year with 219,332,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.20 with next year’s EPS projected to be $1.06.
Investment firms have released opinions on the stock recently. On September 20 analysts at SunTrust Robinson Humphrey began coverage of the stock giving it an initial rating of “Buy” and establishing a price target of $63.00. On July 27 the stock rating was upgraded from “Neutral” to “Neutral” and a price target of $55.00 was set in a report from Dougherty & Company.
JP Morgan initiated coverage setting a rating of “Neutral” and a price target of $55.00. Equity analyst Goldman Sachs lowered the price target and downgraded the stock on June 28 changing the price objective from $50.00 to $40.00 and setting the rating at “Neutral” which had previously been “Buy”.
On June 28 the company was downgraded to “Neutral” from “Buy” with a current price target of $40.00 by Goldman Sachs. Equity analyst Berenberg began coverage by announcing an initial rating of “Buy” and projecting a price target of $24.00.