Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Mobileye Global Inc (NASDAQ: MBLY) closed at $28.00 down -4.11% from its previous closing price of $29.20. In other words, the price has decreased by -$4.11 from its previous closing price. On the day, 6.06 million shares were traded. MBLY stock price reached its highest trading level at $29.32 during the session, while it also had its lowest trading level at $27.36.
Ratios:
For a deeper understanding of Mobileye Global Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 142.33. For the most recent quarter (mrq), Quick Ratio is recorded 4.48 and its Current Ratio is at 5.87. 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, TD Cowen on April 26, 2024, Reiterated its Buy rating but revised its target price to $37 from $35 previously.
On April 26, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $26 to $25.
Wolfe Research Upgraded its Peer Perform to Outperform on April 12, 2024, while the target price for the stock was maintained at $41.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 23541952512 and an Enterprise Value of 21344999424. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.14 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 11.476 whereas that against EBITDA is -217.806.
Stock Price History:
The Beta on a monthly basis for MBLY is -0.03, which has changed by -0.23913044 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 -3.80%, while the 200-Day Moving Average is calculated to be -19.72%.
Shares Statistics:
For the past three months, MBLY has traded an average of 3.49M shares per day and 3435260 over the past ten days. A total of 94.65M shares are outstanding, with a floating share count of 92.49M. Insiders hold about 88.53% of the company’s shares, while institutions hold 14.76% stake in the company. Shares short for MBLY as of 1713139200 were 21825961 with a Short Ratio of 6.25, compared to 1710460800 on 18544695. Therefore, it implies a Short% of Shares Outstanding of 21825961 and a Short% of Float of 32.599998.
Earnings Estimates
At present, 22.0 analysts are actively evaluating the performance of Mobileye Global Inc (MBLY) in the stock market.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.04, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.16, with high estimates of $0.2 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.57 and $0.29 for the fiscal current year, implying an average EPS of $0.39. EPS for the following year is $0.78, with 24.0 analysts recommending between $0.92 and $0.65.
Revenue Estimates
A total of 20 analysts believe the company’s revenue will be $429.37M this quarter.It ranges from a high estimate of $455M to a low estimate of $400M. As of the current estimate, Mobileye Global Inc’s year-ago sales were $454MFor the next quarter, 20 analysts are estimating revenue of $568.03M. There is a high estimate of $592M for the next quarter, whereas the lowest estimate is $525M.
A total of 27 analysts have provided revenue estimates for MBLY’s current fiscal year. The highest revenue estimate was $1.95B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.89B. In the same quarter a year ago, actual revenue was $2.08BBased on 26 analysts’ estimates, the company’s revenue will be $2.65B in the next fiscal year. The high estimate is $2.85B and the low estimate is $2.5B.
