American Science & Engineering (ASEI) Releases Quarterly Earnings, Misses Estimates By $0.14 EPS
American Science & Engineering (NASDAQ:ASEI) released its earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.14, Stock Ratings News reports. The company had revenue of $35.54 million for the quarter, compared to the consensus estimate of $39.90 million. During the same quarter last year, the company posted $0.62 earnings per share. American Science & Engineering’s revenue was down 17.5% compared to the same quarter last year.
American Science & Engineering (NASDAQ:ASEI) traded down 2.94% on Thursday, hitting $64.36. 19,087 shares of the company’s stock traded hands. American Science & Engineering has a one year low of $55.66 and a one year high of $74.75. The stock’s 50-day moving average is $67.75 and its 200-day moving average is $67.4. The company has a market cap of $506.4 million and a price-to-earnings ratio of 34.72.
On the ratings front, analysts at Zacks upgraded shares of American Science & Engineering from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 15th. They now have a $72.00 price target on the stock.
American Science and Engineering, Inc (NASDAQ:ASEI) develops, manufactures, markets, and sells X-ray inspection and other detection products for homeland security, force protection and other critical defense applications.
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