Media coverage about Advanced Energy Industries (NASDAQ:AEIS) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Advanced Energy Industries earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the electronics maker an impact score of 46.5147785801964 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s analysis:
A number of equities analysts recently commented on the stock. BidaskClub downgraded shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research note on Thursday, February 8th. Zacks Investment Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research note on Monday, February 5th. Needham & Company LLC boosted their target price on shares of Advanced Energy Industries from $93.00 to $97.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, DA Davidson initiated coverage on shares of Advanced Energy Industries in a research note on Wednesday, January 10th. They set a “buy” rating and a $100.00 target price for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Advanced Energy Industries has an average rating of “Hold” and an average target price of $84.60.
Shares of Advanced Energy Industries (NASDAQ:AEIS) opened at $65.56 on Friday. Advanced Energy Industries has a 1 year low of $60.84 and a 1 year high of $95.00. The firm has a market cap of $2,641.68, a price-to-earnings ratio of 19.23, a P/E/G ratio of 1.56 and a beta of 1.24.
Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, January 30th. The electronics maker reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.09. Advanced Energy Industries had a net margin of 20.55% and a return on equity of 35.06%. The firm had revenue of $179.21 million during the quarter, compared to analysts’ expectations of $177.07 million. During the same period in the previous year, the company earned $1.06 earnings per share. Advanced Energy Industries’s quarterly revenue was up 32.4% compared to the same quarter last year. analysts anticipate that Advanced Energy Industries will post 4.76 EPS for the current fiscal year.
In related news, Director Grant H. Beard sold 10,000 shares of the business’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $71.86, for a total value of $718,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.13% of the stock is owned by insiders.
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About Advanced Energy Industries
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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