Equities research analysts expect Mobileye N.V. (NYSE:MBLY) to announce $122.82 million in sales for the current fiscal quarter, Zacks reports. Nine analysts have made estimates for Mobileye N.V.’s earnings, with estimates ranging from $116.80 million to $124.85 million. Mobileye N.V. reported sales of $83.48 million in the same quarter last year, which would suggest a positive year over year growth rate of 47.1%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, July 25th.

According to Zacks, analysts expect that Mobileye N.V. will report full-year sales of $122.82 million for the current financial year, with estimates ranging from $497.50 million to $510.04 million. For the next fiscal year, analysts forecast that the business will post sales of $729.34 million per share, with estimates ranging from $709.41 million to $741.17 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Mobileye N.V..

Mobileye N.V. (NYSE:MBLY) last announced its quarterly earnings data on Thursday, June 1st. The software maker reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. Mobileye N.V. had a net margin of 29.43% and a return on equity of 17.78%. The company had revenue of $124.70 million during the quarter, compared to analysts’ expectations of $118.52 million. During the same quarter in the prior year, the company posted $0.15 EPS. The business’s revenue was up 65.8% on a year-over-year basis.

A number of equities analysts have issued reports on the company. BidaskClub upgraded Mobileye N.V. from a “sell” rating to a “hold” rating in a report on Friday, June 9th. Jefferies Group LLC restated a “hold” rating and issued a $63.54 target price on shares of Mobileye N.V. in a research note on Thursday, July 6th. Robert W. Baird downgraded Mobileye N.V. from an “outperform” rating to a “neutral” rating and set a $64.00 target price for the company. in a research note on Thursday, April 20th. Vetr raised Mobileye N.V. from a “sell” rating to a “hold” rating and set a $63.50 price target on the stock in a report on Wednesday, April 26th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $63.54 price target on shares of Mobileye N.V. in a report on Friday, May 19th. One analyst has rated the stock with a sell rating, twenty-three have issued a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $56.15.

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A number of institutional investors have recently added to or reduced their stakes in MBLY. Comerica Bank increased its position in shares of Mobileye N.V. by 4.9% in the fourth quarter. Comerica Bank now owns 18,363 shares of the software maker’s stock valued at $775,000 after buying an additional 862 shares during the last quarter. Two Sigma Investments LP boosted its stake in Mobileye N.V. by 1,542.4% in the fourth quarter. Two Sigma Investments LP now owns 31,205 shares of the software maker’s stock valued at $1,190,000 after buying an additional 29,305 shares during the period. Sigma Planning Corp purchased a new stake in Mobileye N.V. during the first quarter valued at $367,000. DUPONT CAPITAL MANAGEMENT Corp purchased a new stake in Mobileye N.V. during the first quarter valued at $2,646,000. Finally, WFG Advisors LP boosted its stake in Mobileye N.V. by 58,750.0% in the first quarter. WFG Advisors LP now owns 2,354 shares of the software maker’s stock valued at $145,000 after buying an additional 2,350 shares during the period. 62.29% of the stock is owned by hedge funds and other institutional investors.

Shares of Mobileye N.V. (NYSE MBLY) traded up 0.03% during mid-day trading on Thursday, hitting $63.36. 1,245,104 shares of the company were exchanged. The company has a market capitalization of $14.06 billion, a price-to-earnings ratio of 124.24 and a beta of 0.91. Mobileye N.V. has a 12-month low of $33.69 and a 12-month high of $63.38. The firm has a 50 day moving average of $62.70 and a 200 day moving average of $55.81.

About Mobileye N.V.

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.

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