Advanced Energy Industries (AEIS) to Release Earnings on Tuesday

Advanced Energy Industries (NASDAQ:AEIS) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Advanced Energy Industries to post earnings of $1.09 per share and revenue of $394.21 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Wednesday, October 30th. The electronics maker reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.07. The company had revenue of $374.20 million for the quarter, compared to the consensus estimate of $372.49 million. Advanced Energy Industries had a return on equity of 9.02% and a net margin of 2.91%. Advanced Energy Industries’s revenue was down 8.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.12 EPS. On average, analysts expect Advanced Energy Industries to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Advanced Energy Industries Price Performance

AEIS stock opened at $115.08 on Friday. The business’s 50-day moving average is $117.86 and its two-hundred day moving average is $110.36. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.62 and a quick ratio of 3.32. The firm has a market capitalization of $4.34 billion, a P/E ratio of 100.95, a P/E/G ratio of 3.58 and a beta of 1.46. Advanced Energy Industries has a 1 year low of $89.11 and a 1 year high of $130.50.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AEIS. Susquehanna reduced their target price on shares of Advanced Energy Industries from $103.00 to $92.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. Bank of America upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $140.00 price objective on the stock in a report on Monday, December 16th. StockNews.com upgraded shares of Advanced Energy Industries from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Wells Fargo & Company raised their price target on Advanced Energy Industries from $105.00 to $115.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, TD Cowen lowered their price objective on Advanced Energy Industries from $120.00 to $118.00 and set a “hold” rating for the company in a research report on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Advanced Energy Industries has an average rating of “Moderate Buy” and an average target price of $126.89.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $111.72, for a total transaction of $111,720.00. Following the transaction, the director now directly owns 5,092 shares of the company’s stock, valued at approximately $568,878.24. This trade represents a 16.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.00% of the company’s stock.

Advanced Energy Industries Company Profile

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.