Chicago Bridge & Iron Company N.V. (CBI) Given News Sentiment Rating of 0.14
Headlines about Chicago Bridge & Iron Company N.V. (NYSE:CBI) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chicago Bridge & Iron Company N.V. earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 47.963979380823 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s analysis:
- Beta Factor under Consideration – Chicago Bridge & Iron Company NV, (NYSE: CBI) – Stock Watch (stocksnewstimes.com)
- Hot Stock under Consideration – Chicago Bridge & Iron Company … – Stock Watch (stocksnewstimes.com)
- Notable Trend Analysis Report: Chicago Bridge & Iron Company NV, (NYSE: CBI), Northern Dynasty Minerals Ltd … – Stocks In The News (press release) (tradingnewsnow.com)
- CB&I Announces Engineering, Procurement and Supply Award for LUKOIL (finance.yahoo.com)
- Chicago Bridge & Iron Co. NV – Value Analysis (NYSE:CBI) : November 2, 2017 (finance.yahoo.com)
Shares of Chicago Bridge & Iron Company N.V. (NYSE CBI) traded up $1.60 during trading hours on Friday, hitting $15.96. The stock had a trading volume of 4,417,412 shares, compared to its average volume of 2,833,775. Chicago Bridge & Iron Company N.V. has a 52 week low of $9.55 and a 52 week high of $36.56.
Chicago Bridge & Iron Company N.V. (NYSE:CBI) last announced its earnings results on Monday, October 30th. The construction company reported $0.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.19). Chicago Bridge & Iron Company N.V. had a negative net margin of 13.33% and a negative return on equity of 10.86%. The business had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the business posted $1.20 earnings per share. The business’s quarterly revenue was down 18.7% compared to the same quarter last year. sell-side analysts predict that Chicago Bridge & Iron Company N.V. will post -1.91 EPS for the current year.
CBI has been the subject of several research reports. KeyCorp reaffirmed a “hold” rating on shares of Chicago Bridge & Iron Company N.V. in a research report on Friday, September 22nd. Credit Suisse Group cut Chicago Bridge & Iron Company N.V. from an “outperform” rating to a “neutral” rating and set a $21.00 target price for the company. in a research report on Monday, July 24th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Chicago Bridge & Iron Company N.V. in a research report on Tuesday, October 24th. BidaskClub cut Chicago Bridge & Iron Company N.V. from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Finally, MKM Partners reaffirmed a “buy” rating and issued a $21.00 target price (up from $17.00) on shares of Chicago Bridge & Iron Company N.V. in a research report on Wednesday, October 4th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $20.79.
In other news, insider Daniel M. Mccarthy sold 7,500 shares of the firm’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $16.04, for a total value of $120,300.00. Following the completion of the sale, the insider now directly owns 112,464 shares in the company, valued at $1,803,922.56. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.
About Chicago Bridge & Iron Company N.V.
Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.
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