Advanced Energy Industries (AEIS) Scheduled to Post Quarterly Earnings on Monday

Advanced Energy Industries (NASDAQ:AEIS) is set to announce its earnings results after the market closes on Monday, January 29th. Analysts expect the company to announce earnings of $1.17 per share for the quarter. Advanced Energy Industries has set its Q4 guidance at $1.15-1.25 EPS.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Monday, October 30th. The electronics maker reported $1.19 EPS for the quarter, beating the Zacks’ consensus estimate of $1.17 by $0.02. Advanced Energy Industries had a return on equity of 35.56% and a net margin of 33.76%. The firm had revenue of $176.60 million for the quarter, compared to analyst estimates of $165.77 million. During the same period last year, the company earned $0.77 EPS. The business’s quarterly revenue was up 39.5% compared to the same quarter last year. On average, analysts expect Advanced Energy Industries to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Advanced Energy Industries (NASDAQ:AEIS) opened at $77.53 on Monday. Advanced Energy Industries has a 12-month low of $56.07 and a 12-month high of $95.00. The stock has a market capitalization of $3,070.00, a price-to-earnings ratio of 15.14, a PEG ratio of 1.58 and a beta of 1.30.

AEIS has been the topic of several recent research reports. Zacks Investment Research upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Thursday, January 11th. DA Davidson initiated coverage on Advanced Energy Industries in a research report on Wednesday, January 10th. They issued a “buy” rating and a $100.00 price target on the stock. Needham & Company LLC restated a “buy” rating on shares of Advanced Energy Industries in a research report on Friday, October 13th. ValuEngine lowered Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Finally, KeyCorp restated a “hold” rating on shares of Advanced Energy Industries in a research report on Sunday, October 15th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $81.83.

In related news, Director Frederick Ball sold 4,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $83.51, for a total transaction of $334,040.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Grant H. Beard sold 10,000 shares of the firm’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $71.86, for a total value of $718,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 19,190 shares of company stock worth $1,494,101 in the last ninety days. 1.13% of the stock is currently owned by company insiders.

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About Advanced Energy Industries

Advanced Energy Industries, Inc is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement.

Earnings History for Advanced Energy Industries (NASDAQ:AEIS)

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