Wall Street analysts expect Mobileye N.V. (NYSE:MBLY) to report $123.13 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Mobileye N.V.’s earnings. The lowest sales estimate is $121.53 million and the highest is $124.73 million. Mobileye N.V. reported sales of $83.48 million during the same quarter last year, which indicates a positive year-over-year growth rate of 47.5%. The firm is expected to issue its next earnings results on Tuesday, September 19th.

According to Zacks, analysts expect that Mobileye N.V. will report full year sales of $123.13 million for the current year, with estimates ranging from $502.40 million to $510.13 million. For the next financial year, analysts anticipate that the company will report sales of $754.63 million per share, with estimates ranging from $736.89 million to $790.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Mobileye N.V..

A number of brokerages have commented on MBLY. Jefferies Group LLC restated a “hold” rating and set a $63.54 price objective on shares of Mobileye N.V. in a research note on Wednesday, May 31st. BidaskClub cut Mobileye N.V. from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $63.54 price target on shares of Mobileye N.V. in a research note on Friday, May 19th. Two research analysts have rated the stock with a sell rating, twenty-one have given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $55.73.

Several hedge funds and other institutional investors have recently made changes to their positions in MBLY. Tower Research Capital LLC TRC bought a new position in shares of Mobileye N.V. during the second quarter worth $107,000. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Mobileye N.V. in the 1st quarter valued at $126,000. Chicago Partners Investment Group LLC acquired a new stake in Mobileye N.V. in the 2nd quarter valued at $138,000. Victory Capital Management Inc. increased its stake in Mobileye N.V. by 44.1% in the 2nd quarter. Victory Capital Management Inc. now owns 2,236 shares of the software maker’s stock valued at $140,000 after buying an additional 684 shares during the last quarter. Finally, WFG Advisors LP increased its stake in Mobileye N.V. by 58,750.0% in the 1st 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 last quarter. 60.95% of the stock is currently owned by institutional investors.

Mobileye N.V. (NYSE MBLY) opened at 62.67 on Friday. The firm has a market cap of $13.91 billion, a price-to-earnings ratio of 122.88 and a beta of 0.90. Mobileye N.V. has a 1-year low of $33.69 and a 1-year high of $63.56. The company’s 50-day moving average price is $63.15 and its 200 day moving average price is $61.19.

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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.

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