Mobileye N.V. (NYSE:MBLY) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Friday.

Several other brokerages also recently commented on MBLY. Jefferies Group LLC restated a “hold” rating and issued a $63.54 price target on shares of Mobileye N.V. in a research report on Wednesday, May 31st. Royal Bank Of Canada restated a “hold” rating and issued a $63.54 price target on shares of Mobileye N.V. in a research report on Friday, May 19th. Robert W. Baird downgraded shares of Mobileye N.V. from an “outperform” rating to a “neutral” rating and set a $64.00 price target for the company. in a research report on Thursday, April 20th. Finally, Vetr upgraded shares of Mobileye N.V. from a “sell” rating to a “hold” rating and set a $63.50 price target for the company in a research report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, twenty-three have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $55.85.

Shares of Mobileye N.V. (NYSE MBLY) traded down 0.024% on Friday, hitting $63.535. The company had a trading volume of 271,342 shares. The stock has a market cap of $14.10 billion, a PE ratio of 124.578 and a beta of 0.90. Mobileye N.V. has a 12 month low of $33.69 and a 12 month high of $63.55. The company has a 50-day moving average of $63.20 and a 200 day moving average of $58.00.

Mobileye N.V. (NYSE:MBLY) last issued 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 business had revenue of $124.70 million during the quarter, compared to the consensus estimate of $118.52 million. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The firm’s quarterly revenue was up 65.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 EPS. Analysts anticipate that Mobileye N.V. will post $1.05 EPS for the current fiscal year.

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Hedge funds have recently bought and sold shares of the company. Exane Derivatives bought a new stake in Mobileye N.V. during the first quarter valued at about $6,501,000. LaFleur & Godfrey LLC bought a new stake in Mobileye N.V. during the first quarter valued at about $345,000. Sumitomo Mitsui Asset Management Company LTD raised its stake in Mobileye N.V. by 5.6% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 15,939 shares of the software maker’s stock valued at $978,000 after buying an additional 841 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp bought a new stake in Mobileye N.V. during the first quarter valued at about $2,646,000. Finally, ARP Americas LLC bought a new stake in Mobileye N.V. during the first quarter valued at about $14,789,000. Institutional investors own 58.70% 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.

Analyst Recommendations for Mobileye N.V. (NYSE:MBLY)

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