Advanced Energy Industries (AEIS) Projected to Post Earnings on Tuesday

Advanced Energy Industries (NASDAQ:AEIS) is projected to post 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Advanced Energy Industries Stock Up 0.2 %

Advanced Energy Industries stock opened at $115.08 on Monday. 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 stock has a market capitalization of $4.34 billion, a PE ratio of 100.95, a price-to-earnings-growth ratio of 3.58 and a beta of 1.46. The business has a 50 day simple moving average of $117.86 and a 200-day simple moving average of $110.33. Advanced Energy Industries has a 12 month low of $89.11 and a 12 month high of $130.50.

Insiders Place Their Bets

In related news, Director Lanesha Minnix sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $111.72, for a total transaction of $111,720.00. Following the completion of the transaction, the director now owns 5,092 shares in the company, valued at $568,878.24. The trade was a 16.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on AEIS. Citigroup raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and increased their price target for the company from $110.00 to $138.00 in a report on Monday, January 6th. Needham & Company LLC reiterated a “buy” rating and issued a $145.00 target price on shares of Advanced Energy Industries in a report on Wednesday, January 15th. Susquehanna reduced their price target on shares of Advanced Energy Industries from $103.00 to $92.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. TD Cowen decreased their price objective on Advanced Energy Industries from $120.00 to $118.00 and set a “hold” rating for the company in a research note on Thursday, October 31st. Finally, StockNews.com upgraded Advanced Energy Industries from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.89.

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.