Mobileye Global Receives Buy Rating Despite Negative Net Income Margin
Mobileye Global holds a Buy rating from the Seeking Alpha Quant system. The rating persists even though the company reported a net income margin of negative 203 percent.
en.globes.co.ilMobileye Global holds a Buy rating from the Seeking Alpha Quant system. The rating remains in place even though the company's net income margin stands at negative 203 percent. The margin resulted from a one-time goodwill assets write-down. It did not reflect ongoing operational losses.
The company received an A-minus Growth grade.
43 percent long-term EPS growth forecast and 19 upward earnings revisions. The stock trades at a 30 percent valuation discount from recent levels. Investors face a choice between purchasing shares now or waiting for improved price momentum.
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