Finally, Citigroup Inc. dropped their target price on shares of Chicago Bridge & Iron Company from $36.00 to $32.00 and set a "neutral" rating on the stock in a report on Tuesday, May 9th.
A number of other brokerages have also issued reports on CBI.
Shares of Chicago Bridge & Iron Company N.V. (NYSE:CBI) now have an Average Brokerage Recommendation of 2.3, number of Recs in ABR is 10 while industry rank of the company by ABR is 192 out of 265.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Chicago Bridge & Iron Company N.V. (CBI) stands at 18.6 while the industry's and the sector's growth for next 5 years ticked at 6.98 and 6.75 respectively. The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) has "Hold" rating given on Wednesday, September 21 by Johnson Rice. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Earnings surprises can have a huge impact on a company's stock price. State Board of Administration of Florida Retirement System raised its position in shares of Chicago Bridge & Iron Company by 0.5% in the fourth quarter. (NYSE:CBI) traded down 2.51% during mid-day trading on Monday, reaching $17.46.
The company's quick ratio for most recent quarter is 0.6 along with current ratio for most recent quarter of 0.7.
Now have a look at past performance (weekly performance to year to date performance) how Chicago Bridge & Iron Company N.V. (CBI) has been moved; whether it performed well or not. The stock has a 50 day moving average of $18.21 and a 200-day moving average of $28.45. The market capitalization of the company is at $1.91 Billion. Chicago Bridge & Iron Company N.V. (NYSE:CBI) has trailing twelve month Return on Assets of -4.6%, which is key indicator of how profitable a company is relative to its total assets. Investors acquired 896 call options on the stock. This is an increase of approximately 197% compared to the typical daily volume of 302 call options. (NYSE:CBI) last posted its earnings results on Monday, May 8th.
The consensus analysts recommendation at this point stands at 2.50 on Chicago Bridge & Iron Company N.V. (NYSE:CBI). The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same quarter in the prior year, the firm earned $1.01 EPS. The firm's revenue was down 11.4% compared to the same quarter a year ago. For the current quarter Chicago Bridge & Iron Company N.V. (NYSE:CBI) has high EPS estimates of $1.27 in contradiction of low EPS estimates of $0.53.
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04/21/2016 - Chicago Bridge & Iron Company N.V. had its "overweight" rating reiterated by analysts at JP Morgan. The company recently announced a dividend paid on Friday the 30th of June 2017. Stockholders of record on Friday, June 23rd were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, June 21st.
06/28/2017 - Chicago Bridge & Iron Company N.V. was upgraded to "outperform" by analysts at Wells Fargo.
While looking at the Stock's Performance, Chicago Bridge & Iron Company N.V. now shows a Weekly Performance of -7.06%, where Monthly Performance is 7.55%, Quarterly performance is -43.68%, 6 Months performance is -45.72% and yearly performance percentage is -52.81%. The stock now has a consensus rating of "Hold" and an average target price of $29.79. Creative Planning now owns 22,265 shares worth $439,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The stock hit its twelve month high on 07/21/16, and twelve month low on 06/21/17. The shares were sold at an average price of $31.03, for a total value of $1,511,161.00. Following the transaction, the insider now owns 60,496 shares in the company, valued at approximately $1,877,190.88. Ray, EXECUTIVE VICE PRESIDENT disclosed the sale of 48,700 shares. Chicago Bridge & Iron Company N.V.'s quarterly revenue was down 11.4% on a year-over-year basis. Dimensional Fund Advisors LP raised its stake in shares of Chicago Bridge & Iron Company N.V.by 80.3% in the first quarter. For the last quarter, shares have performed -39.94%. It increased, as 35 investors sold Chicago Bridge & Iron Company N.V. shares while 115 reduced holdings.
07/22/2016 - Chicago Bridge & Iron Company N.V. had its "buy" rating reiterated by analysts at Standpoint Research.