Press coverage about Advanced Energy Industries (NASDAQ:AEIS) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Energy Industries earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the electronics maker an impact score of 90 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Buy or Hold? A Look at What the Technicals Are Saying About Advanced Energy Industries Inc (AEIS) – Sparta Review (spartareview.com)
- Advanced Energy to Participate in the DA Davidson Annual Technology Forum – Nasdaq (nasdaq.com)
- Advanced Energy to Participate in the D.A. Davidson Annual Technology Forum (finance.yahoo.com)
- Under the Microscope We Place Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) and Helen of Troy … – FLBC News (flbcnews.com)
- Zeroing in on Company Shares of Cimpress NV (NASDAQ:CMPR) and Advanced Energy Industries, Inc. (NASDAQ:AEIS) – FLBC News (flbcnews.com)
A number of analysts have recently weighed in on the company. BidaskClub cut Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research raised Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research report on Monday, July 10th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $72.25.
Shares of Advanced Energy Industries (AEIS) traded down 0.88% during trading on Tuesday, hitting $70.72. The stock had a trading volume of 433,723 shares. The stock’s 50-day moving average is $70.42 and its 200-day moving average is $68.84. Advanced Energy Industries has a 12-month low of $41.01 and a 12-month high of $86.25. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 17.97 and a beta of 1.34.
Advanced Energy Industries (NASDAQ:AEIS) last released its earnings results on Monday, July 31st. The electronics maker reported $1.22 EPS for the quarter, beating the consensus estimate of $1.07 by $0.15. Advanced Energy Industries had a net margin of 27.42% and a return on equity of 36.19%. 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 prior year, the business earned $0.73 earnings per share. The business’s quarterly revenue was up 39.7% on a year-over-year basis. On average, equities research analysts expect that Advanced Energy Industries will post $4.59 EPS for the current year.
In other news, Director Thomas M. Rohrs sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $64.87, for a total transaction of $259,480.00. The transaction was disclosed in a document filed with the SEC, which is accessible 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 transaction of $1,138,061.47. Following the sale, the chief executive officer now owns 122,006 shares in the company, valued at approximately $8,819,813.74. The disclosure for this sale can be found here. Over the last three months, insiders have sold 109,796 shares of company stock valued at $8,381,106. Company insiders own 1.13% of the company’s stock.
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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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