Advanced Energy Industries (AEIS) Earning Somewhat Favorable Press Coverage, Study Shows
Media coverage about Advanced Energy Industries (NASDAQ:AEIS) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Energy Industries earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the electronics maker an impact score of 45.7093762735044 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- $1.21 EPS Expected for Advanced Energy Industries, Inc. (AEIS) This Quarter (americanbankingnews.com)
- Pitney Bowes Buys out Presort Operations of Miller’s Presort – Nasdaq (nasdaq.com)
- 5 of the Most Efficient Stocks to Boost Your Portfolio – Nasdaq (nasdaq.com)
- Advanced Energy Industries Enters Oversold Territory (AEIS) – Nasdaq (nasdaq.com)
- ETFs with exposure to Advanced Energy Industries, Inc. : November 30, 2017 (finance.yahoo.com)
Several equities analysts have commented on the stock. ValuEngine cut shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. Needham & Company LLC reissued a “buy” rating on shares of Advanced Energy Industries in a research note on Friday, October 13th. KeyCorp reissued a “hold” rating on shares of Advanced Energy Industries in a research note on Sunday, October 15th. Zacks Investment Research cut shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, Stifel Nicolaus started coverage on shares of Advanced Energy Industries in a research note on Wednesday, August 23rd. They issued a “hold” rating and a $74.00 price objective on the stock. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $81.60.
Advanced Energy Industries (NASDAQ:AEIS) opened at $72.55 on Monday. The stock has a market cap of $2,877.12, a P/E ratio of 17.61, a PEG ratio of 1.16 and a beta of 1.31. Advanced Energy Industries has a 52 week low of $51.56 and a 52 week high of $95.00.
Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Monday, October 30th. The electronics maker reported $1.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.17 by $0.02. The company had revenue of $176.60 million for the quarter, compared to analysts’ expectations of $165.77 million. Advanced Energy Industries had a net margin of 33.76% and a return on equity of 35.56%. The business’s revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS. research analysts predict that Advanced Energy Industries will post 4.26 earnings per share for the current year.
In other Advanced Energy Industries news, CEO Yuval Wasserman sold 11,744 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $75.09, for a total value of $881,856.96. Following the completion of the transaction, the chief executive officer now directly owns 127,396 shares in the company, valued at $9,566,165.64. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Thomas Liguori sold 16,000 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $73.64, for a total transaction of $1,178,240.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 70,603 shares of company stock valued at $5,750,808. Corporate insiders own 1.13% of the company’s stock.
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Advanced Energy Industries Company Profile
Advanced Energy Industries, Inc is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement.
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