Chicago Bridge & Iron Company N.V. (NYSE:CBI) shares traded 2.79% up during most recent session to reach at the closing price of $16.22. The stock exchanged hands 3.55 Million shares versus average trading capacity of 2.92 Million shares, yielding a market cap of $1.63 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $29.5 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Chicago Bridge & Iron Company N.V. (NYSE:CBI) high price target of $45 and with a conservative view have low price target of $11.5.
Argus Research “Downgrades” Chicago Bridge & Iron Company N.V. (NYSE:CBI) in a research note issued to investors on 3/17/17 to Hold with price target of $0.
Additionally on 12/07/16 Argus Research “Initiates Coverage On” Chicago Bridge & Iron Company N.V. (NYSE:CBI) to Buy setting price target at $43 and on 9/26/16 Credit Suisse “Maintained” the stock to Outperform at $37. Furthermore on 9/21/16 Johnson Rice “Downgrades” the stock to Hold.
On the other hand the company has Relative Strength Index (RSI 14) of 27.48 along with Average True Range (ATR 14) of 1.25, Consequently Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s weekly and monthly volatility is 7.33%, 6.47% respectively. The company’s beta value is at 2.05.
In terms of Buy, Sell or Hold recommendations, Chicago Bridge & Iron Company N.V. (NYSE:CBI) 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 Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s minimum EPS for the current quarter is at $-0.1 and can go high up to $1.27. The consensus mean EPS for the current quarter is at $0.93 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.17 earnings per share for the same quarter during last year.
Previously Chicago Bridge & Iron Company N.V. (NYSE:CBI) reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by $-0.7. The company posted an earnings surprise of -74.5%.
While considering growth estimates of the company, it has next quarter growth estimates of -10% whereas during current quarter it has -20.5% estimations over growth, comparing to the estimations of -21% during current year and 30.8% for next year. Past 5 years growth of Chicago Bridge & Iron Company N.V. (NYSE:CBI) observed at 1.56%, looking forward for the next 5 years it has a strong prediction of 9% over growth.
Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s revenue estimates for the current quarter are $2.51 Billion according to 13 number of analysts, for the current quarter the company has high revenue estimates of $2.83 Billion in contradiction of low revenue estimates of $2.37 Billion. For the current year the company’s revenue estimates are $10 Billion compared to low analyst estimates of $9.81 Billion and high estimates of $10.15 Billion according to 11 number of analysts.
Currently Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s shares owned by insiders are 1.5%, whereas shares owned by institutional owners are 67.8%. However the six-month change in the insider ownership was recorded -4.45%, as well as three-month change in the institutional ownership was recorded 1.66%.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) 52-week high price stands at $39.71 and low price stands at $14.80, its price distance from 52-week high is -59.15% while its distance from 52-week low price is 9.59%. The stock hit its 52-week high on 07/21/16, and 52-week low on 06/13/17.
Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s trailing twelve month revenues are $9.84 Billion, whereas its price to sales ratio for the same period is 0.17. Its book value per share for the most recent quarter is $14.54 while its price to book ratio for the same period is 1.12, as for as the company’s cash per share for the most recent quarter is $4, however its price to cash per share ratio for the same period is 4.05. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.
