Mobileye Global Inc (NASDAQ: MBLY) closed the day trading at $28.37 down -1.97% from the previous closing price of $28.94. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 4757338 shares were traded.
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Ratios:
For a better understanding of MBLY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 80.08. For the most recent quarter (mrq), Quick Ratio is recorded 4.16 and its Current Ratio is at 5.13. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on March 15, 2024, initiated with a Neutral rating and assigned the stock a target price of $31.
On January 26, 2024, TD Cowen reiterated its Outperform rating and also upped its target price recommendation from $38 to $35.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 01 ’24 when Yeboah-Amankwah Safroadu bought 940 shares for $25.68 per share. The transaction valued at 24,138 led to the insider holds 48,459 shares of the business.
GELSINGER PATRICK P bought 3,600 shares of MBLY for $99,915 on Jan 29 ’24. The Director now owns 129,095 shares after completing the transaction at $27.75 per share. On Oct 31 ’23, another insider, McCaskill Claire C., who serves as the Director of the company, bought 27,819 shares for $35.95 each. As a result, the insider paid 999,996 and bolstered with 27,819 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBLY now has a Market Capitalization of 23.35B and an Enterprise Value of 26.00B. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.00 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 12.50 whereas that against EBITDA is 49.14.
Stock Price History:
Over the past 52 weeks, MBLY has reached a high of $47.41, while it has fallen to a 52-week low of $23.49. The 50-Day Moving Average of the stock is 27.38, while the 200-Day Moving Average is calculated to be 36.03.
Shares Statistics:
Over the past 3-months, MBLY traded about 4.99M shares per day on average, while over the past 10 days, MBLY traded about 4.69M shares per day. A total of 94.65M shares are outstanding, with a floating share count of 92.41M. Insiders hold about 88.54% of the company’s shares, while institutions hold 13.29% stake in the company. Shares short for MBLY as of Feb 29, 2024 were 19.83M with a Short Ratio of 3.98, compared to 17.06M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.46% and a Short% of Float of 29.61%.
Earnings Estimates
Current recommendations for the stock of the company come from 19 analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.09, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.08, with high estimates of $0.12 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.57 and $0.29 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.78, with 21 analysts recommending between $0.92 and $0.64.
Revenue Estimates
18 analysts predict $231.28M in revenue for the current quarter. It ranges from a high estimate of $240M to a low estimate of $228.1M. As of the current estimate, Mobileye Global Inc’s year-ago sales were $454.74M, an estimated decrease of -49.10% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $437.07M, a decrease of -3.70% over than the figure of -$49.10% in the same quarter last year. There is a high estimate of $473.21M for the next quarter, whereas the lowest estimate is $396.4M.
A total of 22 analysts have provided revenue estimates for MBLY’s current fiscal year. The highest revenue estimate was $1.95B, while the lowest revenue estimate was $1.84B, resulting in an average revenue estimate of $1.9B. In the same quarter a year ago, actual revenue was $2.08B, down -8.40% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $2.65B in the next fiscal year. The high estimate is $2.96B and the low estimate is $2.46B. The average revenue growth estimate for next year is up 39.30% from the average revenue estimate for this year.
