Advanced Energy Industries (AEIS) Receiving Somewhat Positive Media Coverage, Report Shows
News articles about Advanced Energy Industries (NASDAQ:AEIS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of 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 0.18 on Accern’s scale. Accern also gave press coverage about the electronics maker an impact score of 46.6122530667219 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Are Analysts Buzzing Over Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares? – Evergreen Caller (evergreencaller.com)
- Advanced Energy Industries (AEIS) Getting Somewhat Favorable Press Coverage, Analysis Shows (topix.com)
- Is Advanced Energy Industries Inc (AEIS) Ready For a Pullback? RMI in Focus – Evergreen Caller (evergreencaller.com)
- Stock Performance Review on Electronics Industry — TE Connectivity, Digital Power, Advanced Energy Industries, and … – Markets Insider (markets.businessinsider.com)
- Stock Performance Review on Electronics Industry — TE Connectivity, Digital Power, Advanced Energy Industries, and Control4 (bizjournals.com)
Shares of Advanced Energy Industries (AEIS) opened at 71.87 on Wednesday. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 18.26 and a beta of 1.34. Advanced Energy Industries has a 12-month low of $43.29 and a 12-month high of $86.25. The company’s 50-day moving average is $71.66 and its 200-day moving average is $70.17.
Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Monday, July 31st. The electronics maker reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.15. The business had revenue of $165.95 million during the quarter, compared to analysts’ expectations of $155.72 million. Advanced Energy Industries had a return on equity of 36.19% and a net margin of 27.42%. The company’s revenue was up 39.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 EPS. Analysts predict that Advanced Energy Industries will post $4.59 EPS for the current year.
A number of research firms recently commented on AEIS. BidaskClub lowered shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Stifel Nicolaus began coverage on shares of Advanced Energy Industries in a report on Wednesday, August 23rd. They set a “hold” rating and a $74.00 price target for the company. Zacks Investment Research lowered shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, ValuEngine upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $72.60.
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In other news, Director Thomas M. Rohrs sold 4,000 shares of the stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $64.87, for a total transaction of $259,480.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Yuval Wasserman sold 15,743 shares of the stock in a transaction on Monday, June 19th. The stock was sold at an average price of $72.29, for a total value of $1,138,061.47. Following 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. Over the last quarter, insiders have sold 43,024 shares of company stock valued at $3,239,591. Company insiders own 1.13% of the company’s stock.
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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