High Expectations For Mobileye NV (NYSE:MBLY), But Is There Upside?

Mobileye's Earnings Soar As Driverless Car Revolution Gains Steam

Mobileye's Earnings Soar As Driverless Car Revolution Gains Steam

This Computer and Technology Sector stock now has the Market Capitalization of 10.24 Billion.

A number of other analysts also recently issued reports on MBLY. Finally, Monness Crespi & Hardt started coverage on Mobileye N.V.in a research note on Tuesday, January 3rd.

On a consensus basis, prevalent market analysts have fixed target price of $56.142 for Mobileye N.V. (NYSE:MBLY). Mobileye N.V.'s PEG is 2.48. CLSA reissued a buy rating and set a $58.00 price objective on shares of Mobileye N.V.in a research note on Wednesday, November 30th. Out of 0 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell. The stock now has a consensus rating of "Buy" and a consensus target price of $52.40. The 52-week high of the share price is $51.15 and the 52-week low is $24.75.

While valuation concerns are less easily dismissed, Pacific Crest needs better visibility on how Mobileye NV (NYSE:MBLY) will differentiate in sensor fusion and driver policy, how MBLY will convince OEMs to preside over and monetize a mapping standard, and ADAS commoditization risk to get more constructive on MBLY. The high end of the earnings forecast is $1.4 per share and low end is $1.01 per share. The stock is now moving above its 20-Day Simple Moving Average of 17.76% with the 50-Day Simple Moving Average of 17.76 percent. William Blair restated an outperform rating on shares of Mobileye N.V.in a research report on Monday, February 13th. Currently, the Return on Assets value for the trailing twelve months is 14.6% with the Return on Equity and Return on Investment of 16.4% and 12.9% respectively. This showed the surprise of 10% in the last quarter earnings.

Looking forward, the company is expected to report earnings of $0.21 per share for the current quarter. Mobileye N.V. The business's revenue was up 45.7% compared to the same quarter past year.

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"We expect continued growth in 2017", said CEO Ziv Aviram, noting Mobileye's advanced driver assist systems won deals with 11 carmakers previous year. LLC now owns 1,137,327 shares of the company's stock valued at $43,355,000 after buying an additional 323,029 shares during the last quarter.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new stake in shares of Mobileye N.V. during the fourth quarter valued at $38,450,000. State Board of Administration of Florida Retirement System raised its position in Mobileye N.V.by 7.5% in the fourth quarter. The short ratio in the company's stock is documented at 8.76 and the short float is around of 16.2%.

12/20/2016 - Susquehanna began new coverage on Mobileye N.V. giving the company a "neutral" rating. Many professionals design specialist services to prevalent financial groups that underwrite equity. Comerica Bank now owns 18,363 shares of the company's stock valued at $775,000 after buying an additional 862 shares during the last quarter. Castleark Management LLC raised its stake in shares of Mobileye N.V.by 0.6% in the fourth quarter.

Mobileye NV Last issued its quarterly earnings results on Feb 22, 2017.

Israeli advanced driver assistance systems and autonomous driving technologies developer Mobileye N.V.

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