FEI Co. Sets New 1-Year High at $84.71 (FEIC)
FEI (NASDAQ:FEIC) set a new 52-week high on Wednesday, AnalystRatingsNetwork reports. The company traded as high as $84.71 and last traded at $84.57, with a volume of 90,774 shares. The stock had previously closed at $84.57.
A number of research firms have recently commented on FEIC. Analysts at Needham & Company raised their price target on shares of FEI (NASDAQ:FEIC) from $70.00 to $80.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of FEI (NASDAQ:FEIC) from $81.00 to $83.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock. Finally, analysts at Pacific Crest downgraded shares of FEI (NASDAQ:FEIC) from an “outperform” rating to a “sector perform” rating in a research note to investors on Friday, August 2nd. They noted that the move was a valuation call.
Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $67.40.
FEI has a 1-year low of $49.40 and a 1-year high of $84.71. The stock’s 50-day moving average is $78.48 and its 200-day moving average is $71.12. The company has a market cap of $3.528 billion and a price-to-earnings ratio of 30.28.
FEI (NASDAQ:FEIC) last announced its earnings results on Thursday, August 1st. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.05. The company had revenue of $222.48 million for the quarter, compared to the consensus estimate of $227.40 million. During the same quarter last year, the company posted $0.74 earnings per share. FEI’s revenue was up .5% compared to the same quarter last year. On average, analysts predict that FEI will post $2.96 earnings per share for the current fiscal year.
FEI Company is a supplier of scientific instruments for nanoscale applications and solutions for industry and science.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.