Looking at top Wall Street opinions, The Bank of New York Mellon Corporation (NYSE: BK) has recently made its way into the research list of Citigroup – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of Citigroup, whereas its previous rating was Buy in the eyes of Citigroup, as reported on Wednesday, January 9th, 2019. Another heavy-hitting research note was published by Keefe Bruyette on Friday October 19th, 2018, with this firm downgrading BK to an updated rating of Underperform from its previous rating of Mkt Perform. In the past six months and three months of trading, shares of The Bank of New York Mellon Corporation (BK) have moved by -11.09% and -9.11%, respectively.
Brokerage Updates Related to The Bank of New York Mellon Corporation (BK) Stock
Of the latest market expert opinions, 3 have given an underperform rating, 1 has given a sell rating, and 2 have given a rating of Buy or better. Based on the 21 stock market experts following this company, the average 12-month price target is $54.21. Moreover, individual price targets range between $45.00-$67.00. With its recent move to $53.00, we can see that these firms project this stock will loss by -14.56% in one year.
Updates from The Bank of New York Mellon Corporation (BK) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a fell since the beginning of the calendar year. A Controller at The Bank of New York Mellon Corporation (BK) sold off some of its shares in a transaction that was finalized on May 11. Similarly, McCarthy J Kevin sold 15,000 shares of the organization’s stock at $55.89 apiece and racked up $838,350 in earnings from the sale. Now, McCarthy J Kevin holds 100,609 shares of the company following the exchange. A Sr. Executive Vice President of the organization named Harris Mitchell E., was engaged in a transaction that occurred on Apr 23 that managed to be worth $2,687,938 from the sale of 48,000 common shares at a price of $56.00 per individual share.
The Bank of New York Mellon Corporation (NYSE:BK) Results in the Pipeline
The next scheduled release of financial results for The Bank of New York Mellon Corporation will be for the Sep-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $1.04. In the same vein, they expect sales for the quarter to amount to $4,150.91 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $4,069.00 million in revenue alongside EPS at $1.06. On average, the analyst projection was calling for $4,138.00 million with $1.03 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $4,178.00 million, with earnings per share ending up at $1.10.
FireEye, Inc. (NASDAQ:FEYE) experienced a gain of 0.71% from the closing price in the previous trading day. That boost the price to $16.91 per share, as observed on January 10th, 2019, at a time when the total trading volume reached 3,206,853 shares of stock – compared to the typical average of 5.50M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $20.40.
Pricing Indications for FireEye, Inc. (FEYE)
This organization has had a price-to-earnings ratio of in the last year. In the most recent trading session, the daily high was $16.955, bringing the per-share value 0.71% high its 52-week high and about -17.95% more expensive than its 52-week low. Meanwhile, it gained 18.08 from its observable 50-day simple moving average. Right at this moment, the per-share value is -1.02% lower than the mean per-share price over the last 200 days in the market.
FireEye, Inc. (NASDAQ:FEYE) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 7 have a Buy rating, 6 have an outperform rating, while 13 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.30, based on information from Thomson Reuters.
FEYE Stock Value Potential
In trading activity as of late, this stock’s value was 17.08 up from its 200 day moving average, while also -6.48% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $15.00-$27.00. The market value for the entire organization reached 3.33B. After the trading day started off at the price of $16.91, these shares nearly bottomed out at its low price of $16.45 and nearly peaked at $16.955 as its full-day high price. In the last trading session, the price ended the day at $16.79. The institutional holdings related to this organization account for 0.90%, and the Beta factor is now 1.04. This company’s RSI (Relative Strength Index) managed to hit 46.05.
FireEye, Inc. (NASDAQ:FEYE) Analyst Points of Focus
FireEye, Inc. (FEYE) has found itself inside of Morgan Stanley’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Equal-Weight, compared to its previous rating of Overweight by Morgan Stanley, as garnered from a news report on Thursday December 13th, 2018. An additional helpful research note was sent out by Robert W. Baird’s on Thursday October 18th, 2018. The brokerage decided to initiated FEYE to Outperform.