Mobileye Global Inc (NASDAQ:MBLY)’s traded shares stood at 0.6 million during the latest session, with the company’s beta value hitting 0.09. At the last check today, the stock’s price was $12.61, to imply an increase of 0.36% or $0.04 in intraday trading. The MBLY share’s 52-week high remains $44.48, putting it -252.74% down since that peak but still an impressive 16.89% since price per share fell to its 52-week low of $10.48. The company has a valuation of $10.23B, with an average of 5.4 million shares in intraday trading volume over the past 10 days and average of 6.35 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Mobileye Global Inc (MBLY), translating to a mean rating of 2.39. Of 12 analyst(s) looking at the stock, 1 analyst(s) give MBLY a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 11 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.09.
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Mobileye Global Inc (NASDAQ:MBLY) trade information
After registering a 0.36% upside in the latest session, Mobileye Global Inc (MBLY) has traded red over the past five days. The 5-day price performance for the stock is -2.02%, and 1.16% over 30 days. With these gigs, the year-to-date price performance is -70.88%. Short interest in Mobileye Global Inc (NASDAQ:MBLY) saw shorts transact 16.2 million shares and set a 2.11 days time to cover.
The extremes give us $11 and $52 for target low and target high price respectively. As such, MBLY has been trading -312.37% off suggested target high and 12.77% from its likely low.
Mobileye Global Inc (MBLY) estimates and forecasts
Looking at statistics comparing Mobileye Global Inc share performance against respective industry, we note that the company has underperformed competitors. Mobileye Global Inc (MBLY) shares are -59.17% down over the last 6 months, with its year-to-date growth rate lower than industry average at -73.17% against 6.70%. Revenue is forecast to shrink -59.10% this quarter before falling -60.70% for the next one. The rating firms project that company’s revenue will shrink -20.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 22 analysts is 472.14M. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 503.69M.Earnings reports from the last fiscal year show that sales brought in 530M and 637M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.90% before dropping -20.90% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 46.60% for the past 5-year period. While 2024 is set for a -72.11% return in earnings, projections for the next 5 years are at 8.00% annually.
MBLY Dividends
Mobileye Global Inc has its next earnings report out on 2024-Oct-31. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Mobileye Global Inc (NASDAQ:MBLY)’s Major holders
Mobileye Global Inc insiders hold 3.42% of total outstanding shares, with institutional holders owning 122.04% of the shares at 126.36% float percentage. In total, 122.04% institutions holds shares in the company.
We also have Vanguard International Growth Fund and John Hancock Fds II-Fundamental Large Cap Core Fund as the top two Mutual Funds with the largest holdings of the Mobileye Global Inc (MBLY) shares. Going by data provided on May 31, 2024, Vanguard International Growth Fund holds roughly 5.23 shares. This is just over 5.25% of the total shares, with a market valuation of $67.04 million. Data from the same date shows that the other fund manager holds a little less at 2.16, or 2.17% of the shares, all valued at about 27.72 million.
