FEI Co. Sets New 1-Year High at $88.86 (FEIC)
FEI (NASDAQ:FEIC) set a new 52-week high during mid-day trading on Friday, AnalystRatingsNetwork reports. The stock traded as high as $88.86 and last traded at $88.68, with a volume of 161,368 shares. The stock had previously closed at $88.54.
FEIC has been the subject of a number of recent research reports. Analysts at Needham & Company reiterated a “buy” rating on shares of FEI (NASDAQ:FEIC) in a research note to investors on Monday. They now have a $80.00 price target on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of FEI (NASDAQ:FEIC) from $83.00 to $93.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, 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. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $74.50.
FEI has a 52-week low of $49.40 and a 52-week high of $88.74. The stock’s 50-day moving average is $81.55 and its 200-day moving average is $72.89. The company has a market cap of $3.702 billion and a P/E ratio of 31.70.
FEI (NASDAQ:FEIC) last issued its quarterly earnings data 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.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 22nd. Stockholders of record on Wednesday, October 9th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.54%. The ex-dividend date 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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