In today’s session B E Aerospace Inc (BEAV) registered an unusually high (1,075) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious BEAV increase. With 1,075 contracts traded and 65354 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: BEAV161021C00055000 closed last at: $0.3 or 0% . The stock decreased 0.52% or $0.27 during the last trading session, hitting $51.53. About 762,954 shares traded hands. B E Aerospace Inc (NASDAQ:BEAV) has risen 15.39% since March 1, 2016 and is uptrending. It has outperformed by 6.15% the S&P500.
Analysts await B E Aerospace Inc (NASDAQ:BEAV) to report earnings on October, 25. They expect $0.80 earnings per share, up 9.59% or $0.07 from last year’s $0.73 per share. BEAV’s profit will be $81.51M for 16.10 P/E if the $0.80 EPS becomes a reality. After $0.84 actual earnings per share reported by B E Aerospace Inc for the previous quarter, Wall Street now forecasts -4.76% negative EPS growth.
B E Aerospace Inc (NASDAQ:BEAV) Ratings Coverage
Out of 8 analysts covering B/E Aerospace (NASDAQ:BEAV), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $75 is the highest target while $46 is the lowest. The $53.43 average target is 3.69% above today’s ($51.53) stock price. B/E Aerospace has been the topic of 16 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Thursday, July 23 by RBC Capital Markets. The firm has “Sector Perform” rating given on Friday, October 23 by RBC Capital Markets. On Friday, May 20 the stock rating was downgraded by JP Morgan to “Neutral”. The firm has “Outperform” rating given on Thursday, August 13 by RBC Capital Markets. The stock of B E Aerospace Inc (NASDAQ:BEAV) has “Buy” rating given on Friday, October 30 by Canaccord Genuity. The firm earned “Buy” rating on Monday, October 5 by Gabelli. The rating was initiated by Wolfe Research on Friday, November 20 with “Outperform”. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, December 16.
Insitutional Activity: The institutional sentiment decreased to 1.09 in Q2 2016. Its down 0.22, from 1.31 in 2016Q1. The ratio dived, as 44 funds sold all B E Aerospace Inc shares owned while 106 reduced positions. 37 funds bought stakes while 127 increased positions. They now own 91.72 million shares or 0.99% more from 90.82 million shares in 2016Q1.
Mercer Cap Advisers Inc last reported 200 shares in the company. Engineers Gate Manager Ltd Partnership holds 105,045 shares or 0.35% of its portfolio. Columbia Asset Management has 0.19% invested in the company for 11,650 shares. Gamco Investors Et Al holds 0.18% of its portfolio in B E Aerospace Inc (NASDAQ:BEAV) for 590,460 shares. California Employees Retirement System reported 299,100 shares or 0.02% of all its holdings. Stoneridge Inv Prtnrs Limited Liability accumulated 22,876 shares or 0.16% of the stock. Advantus Capital Management Inc accumulated 0.02% or 12,378 shares. King Luther Cap Mngmt last reported 38,830 shares in the company. The Missouri-based Century has invested 0.02% in B E Aerospace Inc (NASDAQ:BEAV). Gibraltar Capital Mgmt Inc owns 65,025 shares or 3.69% of their US portfolio. Prudential Fincl Inc holds 0.01% or 115,142 shares in its portfolio. Shelton Mgmt, a California-based fund reported 10,088 shares. Lazard Asset Mngmt Ltd Liability Corporation owns 444,062 shares or 0.05% of their US portfolio. The Tennessee-based Ftb Advsr Inc has invested 0% in B E Aerospace Inc (NASDAQ:BEAV). Henderson Gru Public Ltd Liability Co accumulated 10,186 shares or 0% of the stock.
Insider Transactions: Since May 27, 2016, the stock had 0 insider buys, and 1 insider sale for $45,196 net activity. On Friday, May 27 Patch Ryan M sold $45,196 worth of the stock or 950 shares.
B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The company has a market cap of $5.25 billion. The Firm sells its products and provides services to various airlines and aerospace manufacturers across the world. It has a 17.76 P/E ratio. It operates through two divisions: commercial aircraft and business jet (BJS).
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