Will B E Aerospace Inc Go Down Anytime Soon? Option Trader Doubt That

 Will B E Aerospace Inc Go Down Anytime Soon? Option Trader Doubt That

In today’s session B E Aerospace Inc (BEAV) registered an unusually high (787) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious BEAV increase. With 787 contracts traded and 8914 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: BEAV161216C00060000 closed last at: $1 or 11.1% up. The stock increased 0.51% or $0.3 on November 23, hitting $59.53. About 3.20M shares traded hands or 14.70% up from the average. B E Aerospace Inc (NASDAQ:BEAV) has risen 20.23% since April 22, 2016 and is uptrending. It has outperformed by 14.82% the S&P500.

Analysts await B E Aerospace Inc (NASDAQ:BEAV) to report earnings on February, 7. They expect $0.80 earnings per share, down 1.23% or $0.01 from last year’s $0.81 per share. BEAV’s profit will be $81.57M for 18.60 P/E if the $0.80 EPS becomes a reality. After $0.83 actual earnings per share reported by B E Aerospace Inc for the previous quarter, Wall Street now forecasts -3.61% negative EPS growth.

B E Aerospace Inc (NASDAQ:BEAV) Ratings Coverage

Out of 13 analysts covering B/E Aerospace (NASDAQ:BEAV), 4 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 31% are positive. $75 is the highest target while $6 is the lowest. The $50.80 average target is -14.66% below today’s ($59.53) stock price. B/E Aerospace has been the topic of 25 analyst reports since July 24, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Outperform” rating and $65 target price in Thursday, July 23 report. The stock has “Hold” rating given by Canaccord Genuity on Tuesday, October 25. The company was downgraded on Friday, October 23 by RBC Capital Markets. The stock has “Neutral” rating given by Robert W. Baird on Tuesday, October 25. Deutsche Bank downgraded the stock to “Hold” rating in Thursday, November 10 report. The firm has “Outperform” rating by Robert W. Baird given on Thursday, October 6. The stock of B E Aerospace Inc (NASDAQ:BEAV) has “Buy” rating given on Monday, October 10 by . On Monday, October 5 the stock rating was upgraded by Gabelli to “Buy”. Canaccord Genuity upgraded B E Aerospace Inc (NASDAQ:BEAV) on Friday, October 30 to “Buy” rating. The company was downgraded on Friday, May 20 by JP Morgan.

According to Zacks Investment Research, “B/E Aerospace, Inc. operates as a manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets and distributor of aerospace fasteners and consumables. It operates in three segments: commercial aircraft, consumables management and business jet. B/E Aerospace’s commercial aircraft segment includes seating products, interior systems and engineering services for commercial aircraft, and thermal and power management for the commercial and military aerospace markets. Its Consumables Management segment provides inventory management and replenishment, electronic data interchange, special packaging and bar-coding, parts kitting, quality assurance testing, and purchasing assistance services; and creative and differential supply chain solutions. The company’s Business Jet segment offers a complete line of business jet seating and divan products from traditional designs to unique lie-flat offerings. B/E Aerospace, Inc. is headquartered in Wellington, Florida.”

Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.07, from 1.09 in 2016Q1. The ratio dropped, 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.
Gamco Investors Incorporated Et Al, a New York-based fund reported 590,460 shares. Credit Agricole S A reported 119,927 shares or 0.02% of all its holdings. Mai Capital Mngmt holds 0.04% of its portfolio in B E Aerospace Inc (NASDAQ:BEAV) for 12,400 shares. Boston Private Wealth Lc holds 0.1% of its portfolio in B E Aerospace Inc (NASDAQ:BEAV) for 54,030 shares. Meiji Yasuda Asset Mngmt Communication Limited has 0.24% invested in the company for 35,875 shares. Teachers Advsrs has 88,720 shares for 0.01% of their US portfolio. Mizuho Trust And Bk Ltd accumulated 170,520 shares or 0.02% of the stock. Odey Asset Mgmt Grp last reported 0.02% of its portfolio in the stock. Aperio Ltd Llc reported 40,034 shares or 0.01% of all its holdings. Moreover, American Int Group has 0% invested in B E Aerospace Inc (NASDAQ:BEAV) for 201,358 shares. The New York-based Bancorporation Of Ny Mellon has invested 0.02% in B E Aerospace Inc (NASDAQ:BEAV). Tower Rech Capital Lc (Trc) has invested 0.01% of its portfolio in B E Aerospace Inc (NASDAQ:BEAV). Walleye Trading Ltd Liability Co last reported 7,828 shares in the company. Financial Architects has invested 0% of its portfolio in B E Aerospace Inc (NASDAQ:BEAV). Wright Investors Serv, a Connecticut-based fund reported 29,760 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 $6.07 billion. The Firm sells its products and provides services to various airlines and aerospace manufacturers across the world. It has a 18.09 P/E ratio. It operates through two divisions: commercial aircraft and business jet (BJS).

BEAV Company Profile

B/E Aerospace, Inc., incorporated on July 10, 1987, is a maker of cabin interior products for commercial aircraft and business jets. The Firm sells its products and provides services to various airlines and aerospace manufacturers across the world. The Firm operates through two divisions: commercial aircraft (CAS) and business jet (BJS). The Company’s CAS segment includes seating products; food and beverage and preparation and storage equipment; oxygen delivery systems, and interior structures. The Company’s BJS segment offers a range of furnishings for business jets.

More news for B E Aerospace Inc (NASDAQ:BEAV) were recently published by: Forbes.com, which released: “B/E Aerospace Reaches Analyst Target Price” on October 25, 2016. Prnewswire.com‘s article titled: “Ryan & Maniskas, LLP Announces Investigation of B/E Aerospace Inc.” and published on October 27, 2016 is yet another important article.

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