Advanced Energy Industries (AEIS) Earns Daily Media Impact Rating of 0.14
News headlines about Advanced Energy Industries (NASDAQ:AEIS) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Advanced Energy Industries earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the electronics maker an impact score of 45.5356773039039 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s rankings:
- Insider Selling: Advanced Energy Industries, Inc. (AEIS) CFO Sells 16,000 Shares of Stock (americanbankingnews.com)
- Analyst’s Hold rated Tech Stock: Advanced Energy Industries, Inc. (AEIS) – Street Observer (press release) (streetobserver.com)
- Should You Be Tempted To Buy Advanced Energy Industries Inc (AEIS) At Its Current Price? (finance.yahoo.com)
- Advanced Energy: Growth And An Impeccable Balance Sheet – Seeking Alpha (seekingalpha.com)
- Advanced Energy to Participate in the Dougherty & Company Institutional Investor Conference (feeds.benzinga.com)
Several brokerages have commented on AEIS. BidaskClub cut shares of Advanced Energy Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 14th. ValuEngine upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Stifel Nicolaus began coverage on shares of Advanced Energy Industries in a report on Wednesday, August 23rd. They issued a “hold” rating and a $74.00 target price for the company. Finally, Zacks Investment Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $75.00 target price for the company in a report on Monday, July 10th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $72.60.
Shares of Advanced Energy Industries (NASDAQ:AEIS) opened at 75.78 on Friday. The stock has a 50 day moving average of $72.06 and a 200-day moving average of $71.32. Advanced Energy Industries has a 52-week low of $45.08 and a 52-week high of $86.25. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 19.25 and a beta of 1.35.
Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings data on Monday, July 31st. The electronics maker reported $1.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.15. Advanced Energy Industries had a return on equity of 36.19% and a net margin of 27.42%. The business had revenue of $165.95 million during the quarter, compared to analyst estimates of $155.72 million. During the same period in the previous year, the firm earned $0.73 EPS. Advanced Energy Industries’s quarterly revenue was up 39.7% compared to the same quarter last year. On average, equities research analysts predict that Advanced Energy Industries will post $4.59 EPS for the current fiscal year.
In related news, CFO Thomas Liguori sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $73.64, for a total value of $1,178,240.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Yuval Wasserman sold 15,743 shares of the business’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $72.29, for a total value of $1,138,061.47. Following the completion of the transaction, the chief executive officer now owns 122,006 shares of the company’s stock, valued at $8,819,813.74. The disclosure for this sale can be found here. Insiders sold a total of 35,743 shares of company stock valued at $2,575,781 over the last quarter. 1.13% of the stock is owned by insiders.
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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