Chicago Bridge & Iron Company (CBI) Releases FY17 Earnings Guidance

Author

21 Мая, 2017

Among 10 analysts covering Chicago Bridge & Iron Company (NYSE:CBI), 7 have Buy rating, 0 Sell and 3 Hold.

Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $36.36 while their mean recommendation is 2.60 (1=Buy, 5=sell). Baird's price target suggests a potential upside of 18.86% from the company's current price.

A number of analysts have recently issued reports on the company. The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) has "Buy" rating given on Wednesday, September 2 by Zacks. Credit Suisse upgraded Chicago Bridge & Iron Company N.V. (NYSE:CBI) on Wednesday, October 28 to "Outperform" rating. Chicago Bridge & Iron Company presently has an average rating of "Hold" and a consensus price target of $33.16. Zacks Investment Research lowered shares of Chicago Bridge & Iron Company from a buy rating to a hold rating in a research report on Thursday, March 2nd. Three research analysts have rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Also, the current price highlights a discount of 73.08% to analysts' high consensus price target.

05/17/2017 - Chicago Bridge & Iron Company N.V. had its " rating reiterated by analysts at Robert W. Baird. The company has market cap of $2.02 billion.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) last session's volume of 9.5 million shares was higher than its average volume of 2.16 million shares. The company provided earnings per share guidance of $3.50-$4.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.17. Chicago Bridge & Iron Company had a return on equity of 22.54% and a net margin of 2.51%. The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.42 billion. 3,804,506 shares of the company traded hands.

It's even better if the EPS growth rate has been accelerating in recent quarters and years.

The business also recently declared a special dividend, which will be paid on Friday, June 30th. The ex-dividend date of this dividend is Wednesday, June 21st. Amalgamated Savings Bank reported 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Chicago Bridge & Iron Company's payout ratio is now 10.18%. If you are viewing this story on another website, it was stolen and reposted in violation of global trademark & copyright laws. Barclays Pcl holds 0.01% of its portfolio in Chicago Bridge & Iron Company N.V. (NYSE:CBI) for 208,159 shares. The stock was sold at an average price of $29.76, for a total value of $47,616.00. Following the completion of the sale, the insider now owns 41,894 shares in the company, valued at $1,217,439.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

In other 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 grew about 1.56% in the past 5 years, this positive value indicates that the stock constantly performed well in previous years as well. The disclosure for this sale can be found here. Stock monthly performance is recorded as 20.38% while its performance in last one week is 1.01%.

Want to see what other hedge funds are holding CBI? Its last month's stock price volatility remained 7.71% which for the week stands at 4.24%. LLC increased its position in Chicago Bridge & Iron Company by 27.5% in the third quarter. Following the sale, the executive vice president now owns 22,811 shares of the company's stock, valued at approximately $678,855.36. BlackRock Inc. now owns 4,175,222 shares of the construction company's stock worth $128,389,000 after buying an additional 4,051,706 shares in the last quarter. Finally, LSV Asset Management boosted its stake in Chicago Bridge & Iron Company by 13.9% in the first quarter. Sheets Smith Wealth Management now owns 61,667 shares of the construction company's stock worth $1,729,000 after buying an additional 900 shares in the last quarter. The California-based Amer Assets Investment Mgmt Ltd Liability Co has invested 0.27% in Chicago Bridge & Iron Company N.V. (NYSE:CBI).

More news for Chicago Bridge & Iron Company N.V. (NYSE:CBI) were recently published by: Seekingalpha.com, which released: "Chicago Bridge & Iron NV (CBI) Q1 2017 Results - Earnings Call Transcript" on May 09, 2017. The Firm provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.


More news


  • Bands pay tribute to Chris Cornell at Ohio music festival

    Buddy Iahn founded The Music Universe when he made a decision to juxtapose his love of web design and music. Cornell died after a Soundgarden performance in Detroit on Wednesday.
    China cripples CIA operations, kills informants

    China cripples CIA operations, kills informants

    An FBI employee pleaded guilty to relaying sensitive technology information to Beijing for money and prostitutes a year ago . The newspaper cites 10 current and former USA officials, who describe the intelligence breach as one of the worst in decades.
    Delta Air Lines Inc (NYSE:DAL) 2016 Q4 Sentiment Report

    Delta Air Lines Inc (NYSE:DAL) 2016 Q4 Sentiment Report

    Therefore 67% are positive. 11/07/2016 - Delta Air Lines, Inc. had its "buy" rating reiterated by analysts at JP Morgan. The transportation company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.04.
  • Confederate statue removals part of New Orleans mayor legacy

    Confederate statue removals part of New Orleans mayor legacy

    On the day of the unveiling, a crowd of almost 15,000 people came to watch, the Daily Picayune newspaper reported the next day. Contractors involved in the removal process have been threatened; statue supporters sued repeatedly to keep the statues up.
    Development should not be politicised: PM Nawaz Sharif

    Development should not be politicised: PM Nawaz Sharif

    Ahsan Iqbal said an amount of 2,113 billion rupees has been proposed for public sector development programme in the next budget. PM while talking to the meeting said we will not allow politics to stop or derail development process in the country.

    Arsene Wenger: Arsenal manager's future decided after FA Cup final

    Tony Adams has claimed that Arsenal boss Arsene Wenger is a bad coach, despite winning four trophies under his guidance. Speaking in his autobiography "Sober", serialised in The Sun newspaper, Adams said: "Arsene is essentially not a coach".
  • "Uncle Fat" Thailand's chunky monkey on diet after gorging on junk food

    Check out the latest episode of SportsJOE Live - featuring Stephen Ferris, Paul Galvin, Dion Fanning and Conor's Sketches. Macaque monkeys usually have a strict diet of seeds, leaves, flowers, and tree bark and weigh about 9kg.

    Isaiah Thomas says he and Markelle Fultz can play together

    It was a total team effort, however, most of Celtics head coach Brad Stevens' attention was on one man and that was LeBron James. He averaged 28.9 points per game this season leading Boston to 53 wins and the No. 1 seed in the Eastern Conference.

    Arsenal boss Arsene Wenger feels sad over Tony Adams' 'paper bag' comment

    Asked if the visit of Everton will be his last game in charge of Arsenal at the Emirates, he said: " Of the season. yes ". Tony Adams has claimed that Arsenal boss Arsene Wenger is a bad coach, despite winning four trophies under his guidance.
  • Rouhani looks set to secure second term in Iran

    Iranian women cast their ballots at a polling station at the Lorzadeh mosque in southern Tehran . Russian engineers previous year began expanding Iran's Bushehr nuclear power plant.
    Mourinho confirms Blind will miss Southampton game

    Mourinho confirms Blind will miss Southampton game

    Mourinho wants to win both league matches but is not getting strung up on the outcome, given victory against Ajax is the overriding goal.

    Mississippi jobless rate falls to lowest level since 1976

    Dorchester County's unemployment rate dropped to 3.3 in April, according to Department of Employment and Workforce services. About 20 percent of those who are marked as unemployed are job leavers, he said, which is a normal percentage.