28 May, 2017
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.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) shares traded 0% up during most recent session to reach at the closing price of $23.04. Chicago Bridge & Iron Company N.V. (CBI) shares have been seen trading -47.26% off its 52 week- peak value and changed -9.17% from its 52 week-bottom price value. Finally, Selway Asset Management increased its stake in shares of Chicago Bridge & Iron Company by 0.3% in the first quarter. SABIN JAMES W. also sold $429,034 worth of Chicago Bridge & Iron Company N.V. (NYSE:CBI) shares. This company shares are 204.88% off its target price of $10 and the current market capitalization stands at $48.54M.
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.7 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Zacks downgraded Chicago Bridge & Iron Company N.V. (NYSE:CBI) on Friday, August 14 to "Buy" rating. Motley Fool Wealth Mgmt Ltd Liability Company holds 0.29% or 86,579 shares in its portfolio. They now have a $43.00 price target on the stock. Chicago Bridge & Iron Company has a 52-week low of $18.19 and a 52-week high of $39.71.
Chicago Bridge & Iron Company (NYSE:CBI) last issued its earnings results on Monday, May 8th. The construction company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.95 by $0.71.
Chicago Bridge & Iron Company N.V. (NYSE:CBI)'s revenue estimates for the current quarter are $2.45 Billion according to 13 number of analysts, for the current quarter the company has high revenue estimates of $2.59 Billion in contradiction of low revenue estimates of $2.21 Billion.
While there are a number of profitability ratios that measure a company's ability to generate profit from the sales or services it provides, one of the most important is the net profit margin. During the same period previous year, the firm earned $1.01 EPS. Timber Creek Capital Management LLC now owns 68,985 shares of the construction company's stock valued at $1,933,000 after buying an additional 1,040 shares in the last quarter. Jaffetilchin Inv Prtn Lc has invested 0.07% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). If you are accessing this piece on another website, it was illegally stolen and republished in violation of worldwide trademark & copyright laws. The correct version of this article can be read at https://www.themarketsdaily.com/2017/05/18/chicago-bridge-iron-company-cbi-given-neutral-rating-at-robert-w-baird.html.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 13th. The ex-dividend date is Tuesday, May 23rd. Chicago Bridge & Iron Company's dividend payout ratio (DPR) is now 10.18%. However the six-month change in the insider ownership was recorded -4.51%, as well as three-month change in the institutional ownership was recorded 0.19%. For the current year the company's revenue estimates are $9.8B compared to low analyst estimates of $8.54B and high estimates of $10.15B according to the projection of 14 analysts. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
In related news, VP Westley S. Stockton sold 1,200 shares of the company's stock in a transaction that occurred on Monday, April 10th. The stock's average target of $6 is -22.88% below today's ($7.78) share price. Following the completion of the transaction, the insider now owns 41,894 shares in the company, valued at $1,217,439.64. The disclosure for this sale can be found here.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
07/29/2016 - Chicago Bridge & Iron Company N.V. had its " rating reiterated by analysts at Goldman Sachs.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Cedar Wealth Management LLC raised its stake in shares of Chicago Bridge & Iron Company by 6.4% in the third quarter. Massachusetts Financial Services Co. Hanson & Doremus Investment Management bought a new stake in shares of Chicago Bridge & Iron Company during the fourth quarter valued at approximately $104,000. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering.
Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. Selway Asset Management now owns 88,550 shares of the construction company's stock valued at $2,723,000 after buying an additional 300 shares during the period. BB&T Corp boosted its stake in Chicago Bridge & Iron Company by 0.5% in the third quarter.
