Chicago Bridge & Iron (NYSE:CBI) is scheduled to post its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect Chicago Bridge & Iron to post earnings of $0.48 per share for the quarter.
Chicago Bridge & Iron (CBI) opened at $18.71 on Monday. The company has a market cap of $1,900.00, a PE ratio of -5.41, a PEG ratio of 1.06 and a beta of 2.40. Chicago Bridge & Iron has a fifty-two week low of $9.55 and a fifty-two week high of $35.45.
A number of research analysts have recently commented on the stock. UBS Group increased their target price on shares of Chicago Bridge & Iron from $13.00 to $17.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Jefferies Group set a $15.00 price objective on shares of Chicago Bridge & Iron and gave the company a “hold” rating in a report on Tuesday, October 31st. KeyCorp upgraded shares of Chicago Bridge & Iron to an “overweight” rating and set a $14.00 price objective for the company in a report on Wednesday, January 24th. Zacks Investment Research upgraded shares of Chicago Bridge & Iron from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Finally, DA Davidson lowered shares of Chicago Bridge & Iron from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Tuesday, December 19th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Chicago Bridge & Iron presently has a consensus rating of “Hold” and a consensus target price of $19.07.
In other Chicago Bridge & Iron news, EVP Daniel M. Mccarthy sold 7,500 shares of the stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $16.07, for a total transaction of $120,525.00. Following the completion of the sale, the executive vice president now owns 89,964 shares of the company’s stock, valued at approximately $1,445,721.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.
About Chicago Bridge & Iron
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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