FEI Company Given Average Rating of “Buy” by Analysts (NASDAQ:FEIC)
FEI Company (NASDAQ:FEIC) has received a consensus rating of “Buy” from the ten analysts that are currently covering the company, StockRatingsNetwork reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $82.25.
Shares of FEI Company (NASDAQ:FEIC) opened at 81.25 on Friday. FEI Company has a 52 week low of $75.11 and a 52 week high of $111.57. The stock has a 50-day moving average of $87.52 and a 200-day moving average of $92.12. The company has a market cap of $3.409 billion and a price-to-earnings ratio of 28.10.
FEI Company (NASDAQ:FEIC) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.70 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.05. The company had revenue of $237.00 million for the quarter, compared to the consensus estimate of $235.22 million. During the same quarter last year, the company posted $0.72 earnings per share. FEI Company’s revenue was up 6.5% compared to the same quarter last year. On average, analysts predict that FEI Company will post $3.13 earnings per share for the current fiscal year.
FEIC has been the subject of a number of recent research reports. Analysts at Sidoti upgraded shares of FEI Company from a “neutral” rating to a “buy” rating in a research note on Monday. Separately, analysts at DA Davidson upgraded shares of FEI Company from a “neutral” rating to a “buy” rating in a research note on Thursday, July 31st. They now have a $4.50 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Zacks reiterated a “buy” rating on shares of FEI Company in a research note on Thursday, July 31st. They now have a $96.00 price target on the stock, down previously from $100.00.
FEI Company, incorporated on May 7, 1953, is a supplier of scientific instruments for nanoscale applications and solutions for industry and science.
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