FEI Price Target Raised to $93.00 at Stifel Nicolaus (FEIC)
Stock analysts at Stifel Nicolaus increased their price target on shares of FEI (NASDAQ:FEIC) from $83.00 to $93.00 in a report issued on Monday, AR Network reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 7.74% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at DA Davidson reiterated a “buy” rating on shares of FEI (NASDAQ:FEIC) in a research note to investors on Friday, September 13th. They now have a $100.00 price target on the stock, up previously from $84.00. Separately, 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. 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $74.50.
Shares of FEI (NASDAQ:FEIC) opened at 86.32 on Monday. FEI has a 52-week low of $49.40 and a 52-week high of $88.08. The stock’s 50-day moving average is $80.21 and its 200-day moving average is $72.22. The company has a market cap of $3.604 billion and a P/E ratio of 30.91.
FEI (NASDAQ:FEIC) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.72 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.74 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. Analysts expect that FEI will post $2.96 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 22nd. Stockholders of record on Wednesday, October 9th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Monday, October 7th.
FEI Company is a supplier of scientific instruments for nanoscale applications and solutions for industry and science.
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