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Shares of Chicago Bridge & Iron Company (NYSE:CBI) saw some unusual options trading activity on Tuesday. Traders purchased 12,461 call options on the company, Analyst RN reports. This represents an increase of 861% compared to the typical volume of 1,296 call options.

In other Chicago Bridge & Iron Company news, CAO Westley S. Stockton sold 4,627 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $81.19, for a total value of $375,666.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

CBI has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Chicago Bridge & Iron Company in a research note on Wednesday, May 28th. They now have a $86.00 price target on the stock. Analysts at Credit Agricole reiterated an “underperform” rating on shares of Chicago Bridge & Iron Company in a research note on Thursday, April 10th. They now have a $90.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. Chicago Bridge & Iron Company has a consensus rating of “Buy” and a consensus target price of $84.42.

Shares of Chicago Bridge & Iron Company (NYSE:CBI) traded down 7.23% on Tuesday, hitting $68.26. The stock had a trading volume of 13,686,850 shares. Chicago Bridge & Iron Company has a 1-year low of $56.04 and a 1-year high of $89.22. The stock has a 50-day moving average of $79.74 and a 200-day moving average of $81.00. The company has a market cap of $7.380 billion and a price-to-earnings ratio of 15.68.

Chicago Bridge & Iron Company (NYSE:CBI) last released its earnings data on Wednesday, April 23rd. The company reported $0.87 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.10 by $0.23. The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 30.1% on a year-over-year basis. Analysts expect that Chicago Bridge & Iron Company will post $5.09 EPS for the current fiscal year.

Chicago Bridge & Iron Company N.V. is an energy infrastructure focused company and provider of government services.

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