FEI Sets New 12-Month High at $101.23 (FEIC)
Shares of FEI (NASDAQ:FEIC) hit a new 52-week high during trading on Tuesday , Analyst Ratings Network.com reports. The stock traded as high as $101.23 and last traded at $101.18, with a volume of 130,849 shares trading hands. The stock had previously closed at $100.66.
A number of research firms have recently commented on FEIC. Analysts at Feltl & Co. downgraded shares of FEI from a “hold” rating to a “sell” rating in a research note on Monday, January 27th. Separately, analysts at Stifel Nicolaus raised their price target on shares of FEI from $93.00 to $104.00 in a research note on Thursday, January 16th. They now have a “buy” rating on the stock. Finally, analysts at William Blair initiated coverage on shares of FEI in a research note on Thursday, January 9th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $96.50.
The stock has a 50-day moving average of $94.28 and a 200-day moving average of $87.90. The company has a market cap of $4.246 billion and a price-to-earnings ratio of 33.48.
FEI (NASDAQ:FEIC) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.97 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.93 by $0.04. The company had revenue of $265.29 million for the quarter, compared to the consensus estimate of $254.17 million. During the same quarter last year, the company posted $0.72 earnings per share. FEI’s revenue was up 14.9% compared to the same quarter last year. On average, analysts predict that FEI will post $3.63 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 22nd. Stockholders of record on Wednesday, April 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 0.48%. The ex-dividend date of this dividend is Monday, April 7th.
In other FEI news, Director Gerhard Parker sold 10,500 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $98.05, for a total value of $1,029,525.00. Following the completion of the sale, the director now directly owns 14,500 shares of the company’s stock, valued at approximately $1,421,725. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
FEI Company is a supplier of scientific instruments for nanoscale applications and solutions for industry and science.
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