Technology

Analysts Recommendation on Mobileiron Inc Cmn (MOBL)

Mobileiron Inc Cmn (NASDAQ:MOBL) shares traded -2.36% down during most recent session to reach at the closing price of $6.2. The stock exchanged hands 4.48 Million shares versus average trading capacity of 543.72 Million shares, yielding a market cap of $585.28 Million. Wall Street analysts covering the stock are projecting that the stock will reach $5.5 within the next 52-weeks. The mean target projections are based on 8 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Mobileiron Inc Cmn (NASDAQ:MOBL) high price target of $7 and with a conservative view have low price target of $4.

Benchmark “Initiates Coverage On” Mobileiron Inc Cmn (NASDAQ:MOBL) in a research note issued to investors on 4/25/17 to Buy with price target of $7.

Additionally on 9/19/16 Morgan Stanley “Maintained” Mobileiron Inc Cmn (NASDAQ:MOBL) to Equal-Weight setting price target at $2.8 and on 9/13/16 Wunderlich “Assumes” the stock to Hold. Furthermore on 7/15/16 Barclays “Downgrades” the stock to Underweight at $3.

On the other hand the company has Relative Strength Index (RSI 14) of 70.21 along with Average True Range (ATR 14) of 0.3, Consequently Mobileiron Inc Cmn (NASDAQ:MOBL)’s weekly and monthly volatility is 6.94%, 5.02% respectively. The company’s beta value is at 0.

In terms of Buy, Sell or Hold recommendations, Mobileiron Inc Cmn (NASDAQ:MOBL) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Mobileiron Inc Cmn (NASDAQ:MOBL)’s minimum EPS for the current quarter is at $-0.09 and can go high up to $-0.07. The consensus mean EPS for the current quarter is at $-0.08 derived from a total of 8 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.14 earnings per share for the same quarter during last year.

Previously Mobileiron Inc Cmn (NASDAQ:MOBL) reported $-0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.08 by $0.02. The company posted an earnings surprise of 25%.

Mobileiron Inc Cmn (NASDAQ:MOBL)’s revenue estimates for the current quarter are $43.69 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $44.9 Million in contradiction of low revenue estimates of $43.24 Million. For the current year the company’s revenue estimates are $183.03 Million compared to low analyst estimates of $182.5 Million and high estimates of $184 Million according to 8 number of analysts.

Currently Mobileiron Inc Cmn (NASDAQ:MOBL)’s shares owned by insiders are 2.8%, whereas shares owned by institutional owners are 70.1%. However the six-month change in the insider ownership was recorded -42.41%, as well as three-month change in the institutional ownership was recorded 6.33%.

Mobileiron Inc Cmn (NASDAQ:MOBL) 52-week high price stands at $6.55 and low price stands at $2.56, its price distance from 52-week high is -5.34% while its distance from 52-week low price is 142.19%. The stock hit its 52-week high on 06/14/17, and 52-week low on 09/21/16.

Mobileiron Inc Cmn (NASDAQ:MOBL)’s trailing twelve month revenues are $168.2 Million, whereas its price to sales ratio for the same period is 3.48. Its book value per share for the most recent quarter is $0.45 while its price to book ratio for the same period is 13.78, as for as the company’s cash per share for the most recent quarter is $0.96, however its price to cash per share ratio for the same period is 6.47. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

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