In the last trading session, 3.84 million Mobileye Global Inc (NASDAQ:MBLY) shares changed hands as the company’s beta touched 0.07. With the company’s per share price at $12.79 changed hands at -$0.09 or -0.66% during last session, the market valuation stood at $10.37B. MBLY’s last price was a discount, traded about -247.77% off its 52-week high of $44.48. The share price had its 52-week low at $10.48, which suggests the last value was 18.06% up since then. When we look at Mobileye Global Inc’s average trading volume, we note the 10-day average is 5.97 million shares, with the 3-month average coming to 6.40 million.
Analysts gave the Mobileye Global Inc (MBLY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.34. If we narrow down to specifics, the data shows that 1 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended MBLY as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight.
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Mobileye Global Inc (NASDAQ:MBLY) trade information
Instantly MBLY was in red as seen at the end of in last trading. With action -0.78%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -70.48%, with the 5-day performance at -0.78% in the red. However, in the 30-day time frame, Mobileye Global Inc (NASDAQ:MBLY) is -4.19% down. Looking at the short shares, we see there were 16.2 million shares sold at short interest cover period of 2.11 days.
The consensus price target for the stock as assigned by Wall Street analysts is 33.5, meaning bulls need an upside of 61.82% from its current market value. According to analyst projections, MBLY’s forecast low is 11 with 52 as the target high. To hit the forecast high, the stock’s price needs a -306.57% plunge from its current level, while the stock would need to tank 14.0% for it to hit the projected low.
Mobileye Global Inc (MBLY) estimates and forecasts
Data shows that the Mobileye Global Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -57.69% over the past 6 months, a -73.17% in annual growth rate that is considerably lower than the industry average of 6.90%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 46.60%. The 2024 estimates are for Mobileye Global Inc earnings to decrease by -71.38%, but the outlook for the next 5-year period is at 8.00% per year.
MBLY Dividends
Mobileye Global Inc is expected to release its next quarterly earnings report on 2024-Oct-31.
Mobileye Global Inc (NASDAQ:MBLY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.42% of Mobileye Global Inc shares while 121.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 126.15%.
Among Mutual Funds, the top two as of May 31, 2024 were Vanguard International Growth Fund and John Hancock Fds II-Fundamental Large Cap Core Fund . With 5.23 shares estimated at $66.86 million under it, the former controlled 5.25% of total outstanding shares. On the other hand, John Hancock Fds II-Fundamental Large Cap Core Fund held about 2.20% of the shares, roughly 2.19 shares worth around $28.02 million.
