Press coverage about Advanced Energy Industries (NASDAQ:AEIS) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Advanced Energy Industries earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the electronics maker an impact score of 46.5147785801964 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s analysis:
A number of research analysts recently weighed in on AEIS shares. Zacks Investment Research upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Thursday, January 11th. BidaskClub lowered Advanced Energy Industries from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. ValuEngine lowered Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, DA Davidson initiated coverage on Advanced Energy Industries in a research report on Wednesday, January 10th. They issued a “buy” rating and a $100.00 price objective on the stock. One investment 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. The company currently has an average rating of “Hold” and an average price target of $84.60.
Shares of Advanced Energy Industries (AEIS) traded up $0.74 during mid-day trading on Friday, reaching $67.23. The company’s stock had a trading volume of 259,046 shares, compared to its average volume of 502,339. The firm has a market capitalization of $2,670.00, a P/E ratio of 12.90, a P/E/G ratio of 1.57 and a beta of 1.24. Advanced Energy Industries has a 12 month low of $60.85 and a 12 month high of $95.00.
Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings data on Tuesday, January 30th. The electronics maker reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.09. Advanced Energy Industries had a return on equity of 35.06% and a net margin of 20.55%. The business had revenue of $179.21 million during the quarter, compared to the consensus estimate of $177.07 million. During the same period in the previous year, the firm posted $1.06 earnings per share. The business’s revenue was up 32.4% on a year-over-year basis. analysts forecast that Advanced Energy Industries will post 4.76 EPS for the current year.
In related news, Director Grant H. Beard sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $71.86, for a total transaction of $718,600.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.13% of the stock is owned by insiders.
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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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