Mobileye NV (NASDAQ:MBLY) – Research analysts at SunTrust Banks issued their Q3 2016 EPS estimates for shares of Mobileye NV in a research note issued to investors on Monday. SunTrust Banks analyst W. Stein anticipates that the brokerage will earn $0.13 per share for the quarter. SunTrust Banks has a “Buy” rating and a $63.00 price objective on the stock. SunTrust Banks also issued estimates for Mobileye NV’s Q4 2016 earnings at $0.14 EPS, FY2016 earnings at $0.47 EPS, Q1 2017 earnings at $0.17 EPS, Q2 2017 earnings at $0.20 EPS, Q3 2017 earnings at $0.22 EPS, Q4 2017 earnings at $0.25 EPS, FY2017 earnings at $0.84 EPS, FY2018 earnings at $1.36 EPS and FY2019 earnings at $2.17 EPS.

A number of other analysts have also recently issued reports on the company. William Blair reissued an “outperform” rating on shares of Mobileye NV in a research report on Monday. Wunderlich cut Mobileye NV from a “buy” rating to a “hold” rating in a research report on Wednesday, September 14th. Credit Agricole SA reaffirmed a “buy” rating and set a $58.00 price objective on shares of Mobileye NV in a research report on Thursday, August 25th. Evercore ISI set a $60.00 price objective on Mobileye NV and gave the stock a “buy” rating in a research report on Friday, August 19th. Finally, Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $60.00 price objective on shares of Mobileye NV in a research report on Tuesday, August 16th. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $58.92.

Shares of Mobileye NV (NASDAQ:MBLY) traded up 0.23% during mid-day trading on Thursday, hitting $43.20. The company had a trading volume of 804,518 shares. Mobileye NV has a 12 month low of $23.57 and a 12 month high of $52.00. The firm has a market capitalization of $9.48 billion and a P/E ratio of 110.77. The firm has a 50-day moving average price of $46.44 and a 200 day moving average price of $41.36.

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Mobileye NV (NASDAQ:MBLY) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The firm had revenue of $83.50 million for the quarter, compared to analysts’ expectations of $77.64 million. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The firm’s revenue for the quarter was up 58.1% compared to the same quarter last year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Integrated Investment Consultants LLC increased its position in Mobileye NV by 14.5% in the second quarter. Integrated Investment Consultants LLC now owns 2,530 shares of the company’s stock valued at $117,000 after buying an additional 321 shares during the last quarter. Howland Capital Management LLC increased its position in Mobileye NV by 0.8% in the second quarter. Howland Capital Management LLC now owns 136,328 shares of the company’s stock valued at $6,290,000 after buying an additional 1,106 shares during the last quarter. British Columbia Investment Management Corp increased its position in Mobileye NV by 125.0% in the second quarter. British Columbia Investment Management Corp now owns 19,800 shares of the company’s stock valued at $914,000 after buying an additional 11,000 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in Mobileye NV by 137.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,973 shares of the company’s stock valued at $183,000 after buying an additional 2,303 shares during the last quarter. Finally, Cabot Wealth Management Inc. purchased a new position in Mobileye NV during the second quarter valued at $1,327,000.

About Mobileye NV

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. The Company operates through two segments: Original Equipment Manufacturing (OEM) and aftermarket (AM).

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