Chicago Bridge & Iron (CBI) Given Media Impact Rating of 0.09

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News stories about Chicago Bridge & Iron (NYSE:CBI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chicago Bridge & Iron earned a news impact score of 0.09 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 47.3117886651896 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of equities research analysts have recently commented on the stock. ValuEngine raised shares of Chicago Bridge & Iron from a “sell” rating to a “hold” rating in a research note on Friday, April 27th. Citigroup reduced their price objective on shares of Chicago Bridge & Iron from $17.00 to $16.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 24th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $14.00 price objective on shares of Chicago Bridge & Iron in a research note on Monday, April 23rd. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. Chicago Bridge & Iron has a consensus rating of “Hold” and a consensus price target of $17.15.

Shares of Chicago Bridge & Iron stock remained flat at $$16.39 during trading on Friday. Chicago Bridge & Iron has a 1-year low of $9.55 and a 1-year high of $25.49. The company has a market cap of $1.65 billion, a P/E ratio of -8.81, a P/E/G ratio of 1.06 and a beta of 2.46.

Chicago Bridge & Iron (NYSE:CBI) last released its earnings results on Monday, April 23rd. The construction company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.23. Chicago Bridge & Iron had a negative net margin of 22.27% and a negative return on equity of 22.97%. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the company earned $0.24 EPS. Chicago Bridge & Iron’s quarterly revenue was down 4.5% compared to the same quarter last year. equities research analysts expect that Chicago Bridge & Iron will post 1.69 EPS for the current fiscal year.

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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