Advanced Energy Industries, Inc. (NASDAQ:AEIS) Receives Average Rating of “Hold” from Brokerages

Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) have earned an average rating of “Hold” from the nine brokerages that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $115.14.

A number of research analysts have commented on AEIS shares. Wells Fargo & Company reduced their price target on shares of Advanced Energy Industries from $108.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 7th. TheStreet upgraded shares of Advanced Energy Industries from a “c+” rating to a “b-” rating in a research report on Thursday, December 21st.

Institutional Trading of Advanced Energy Industries

Institutional investors have recently made changes to their positions in the stock. Rise Advisors LLC purchased a new stake in shares of Advanced Energy Industries during the first quarter valued at approximately $25,000. Point72 Middle East FZE purchased a new stake in shares of Advanced Energy Industries during the fourth quarter valued at approximately $29,000. Parallel Advisors LLC lifted its stake in Advanced Energy Industries by 78.2% in the fourth quarter. Parallel Advisors LLC now owns 351 shares of the electronics maker’s stock worth $38,000 after acquiring an additional 154 shares during the period. Exchange Traded Concepts LLC purchased a new stake in Advanced Energy Industries in the third quarter worth $48,000. Finally, Tower Research Capital LLC TRC lifted its stake in Advanced Energy Industries by 193.5% in the first quarter. Tower Research Capital LLC TRC now owns 499 shares of the electronics maker’s stock worth $49,000 after acquiring an additional 329 shares during the period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Stock Up 0.1 %

AEIS stock opened at $94.95 on Friday. The company has a current ratio of 5.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.78. The company’s 50 day moving average is $99.78 and its 200 day moving average is $99.61. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 27.93, a price-to-earnings-growth ratio of 3.38 and a beta of 1.56. Advanced Energy Industries has a 1-year low of $81.86 and a 1-year high of $126.38.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings data on Tuesday, February 6th. The electronics maker reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.10. The company had revenue of $405.27 million for the quarter, compared to analysts’ expectations of $407.66 million. Advanced Energy Industries had a net margin of 7.75% and a return on equity of 14.32%. Sell-side analysts predict that Advanced Energy Industries will post 2.88 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 19th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date was Thursday, February 15th. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 11.76%.

About Advanced Energy Industries

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.