Chicago Bridge & Iron Company N.V. (NYSE:CBI) shares traded 4.36% up during most recent session to reach at the closing price of $11.02. The stock exchanged hands 5.15 Million shares versus average trading capacity of 6.95 Million shares, yielding a market cap of $1.11 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $15.23 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 $28 and with a conservative view have low price target of $9.
Deutsche Bank “Maintained” Chicago Bridge & Iron Company N.V. (NYSE:CBI) in a research note issued to investors on 8/22/17 to Buy with price target of $13.
Additionally on 8/16/17 Jefferies “Downgrades” Chicago Bridge & Iron Company N.V. (NYSE:CBI) to Hold setting price target at $0 and on 8/11/17 Credit Suisse “Maintained” the stock to Neutral at $13. Furthermore on 8/10/17 Deutsche Bank “Maintained” the stock to Buy at $21.
On the other hand the company has Relative Strength Index (RSI 14) of 35.09 along with Average True Range (ATR 14) of 1.02, Consequently Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s weekly and monthly volatility is 6.37%, 6.85% respectively. The company’s beta value is at 2.26.
In terms of Buy, Sell or Hold recommendations, Chicago Bridge & Iron Company N.V. (NYSE:CBI) has analysts’ mean recommendation of 2.7. 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 $0.12 and can go high up to $0.72. The consensus mean EPS for the current quarter is at $0.51 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.2 earnings per share for the same quarter during last year.
Previously Chicago Bridge & Iron Company N.V. (NYSE:CBI) reported $-3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by $-3.85. The company posted an earnings surprise of -463.9%.
While considering growth estimates of the company, it has next quarter growth estimates of -36.5% whereas during current quarter it has -57.5% estimations over growth, comparing to the estimations of -142.3% during current year and 219.6% for next year. Past 5 years growth of Chicago Bridge & Iron Company N.V. (NYSE:CBI) observed at -1.5%, looking forward for the next 5 years it has a strong prediction of -18.04% over growth.
Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s revenue estimates for the current quarter are $1.81 Billion according to 14 number of analysts, for the current quarter the company has high revenue estimates of $1.9 Billion in contradiction of low revenue estimates of $1.63 Billion. For the current year the company’s revenue estimates are $7.27 Billion compared to low analyst estimates of $6.92 Billion and high estimates of $7.41 Billion according to 13 number of analysts.
Currently Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s shares owned by insiders are 1.6%, whereas shares owned by institutional owners are 69.4%. However the six-month change in the insider ownership was recorded -4.17%, as well as three-month change in the institutional ownership was recorded 3.22%.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) 52-week high price stands at $36.56 and low price stands at $9.55, its price distance from 52-week high is -69.86% while its distance from 52-week low price is 15.39%. The stock hit its 52-week high on 12/13/16, and 52-week low on 08/17/17.
Chicago Bridge & Iron Company N.V. (NYSE:CBI)’s trailing twelve month revenues are $8.43 Billion, whereas its price to sales ratio for the same period is 0.13. Its book value per share for the most recent quarter is $10.63 while its price to book ratio for the same period is 1.04, as for as the company’s cash per share for the most recent quarter is $3.52, however its price to cash per share ratio for the same period is 3.13. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.
