Shares of Mobileiron Inc (NASDAQ:MOBL) have earned an average recommendation of “Hold” from the ten ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $6.35.
Several research firms have commented on MOBL. BidaskClub raised shares of Mobileiron from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. ValuEngine raised shares of Mobileiron from a “sell” rating to a “hold” rating in a research report on Friday, February 9th. Imperial Capital raised shares of Mobileiron from an “in-line” rating to an “outperform” rating and increased their price target for the company from $4.00 to $5.75 in a research report on Monday, February 12th. Zacks Investment Research lowered shares of Mobileiron from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. Finally, Northland Securities set a $7.00 price target on shares of Mobileiron and gave the company a “buy” rating in a research report on Friday, February 9th.
In other news, Director Aaref Hilaly sold 7,566 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $5.10, for a total transaction of $38,586.60. Following the transaction, the director now owns 100,534 shares in the company, valued at $512,723.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Daniel C. Fields sold 71,875 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $5.14, for a total transaction of $369,437.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 154,761 shares of company stock worth $776,446. Corporate insiders own 31.70% of the company’s stock.
Mobileiron (NASDAQ:MOBL) traded down $0.08 during mid-day trading on Friday, hitting $4.67. 218,731 shares of the company’s stock traded hands, compared to its average volume of 578,282. The stock has a market capitalization of $456.27, a price-to-earnings ratio of -7.92 and a beta of 2.44. Mobileiron has a 1-year low of $3.20 and a 1-year high of $6.78.
Mobileiron (NASDAQ:MOBL) last released its quarterly earnings results on Thursday, February 8th. The software maker reported ($0.07) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.04. The business had revenue of $48.83 million during the quarter, compared to analyst estimates of $46.47 million. Mobileiron had a negative net margin of 31.90% and a negative return on equity of 167.00%. sell-side analysts forecast that Mobileiron will post -0.41 earnings per share for the current fiscal year.
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MobileIron, Inc (MobileIron) provides a mobile information technology (IT) platform for enterprises to manage and secure mobile applications, content and devices. The Company’s solution provides enterprise security. The MobileIron Platform combines security and enterprise mobility management (EMM) tools, including mobile device management (MDM), mobile application management (MAM), and mobile content management (MCM) capabilities.
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