Electro Scientific Industries (NASDAQ:ESIO) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, January 30th. Electro Scientific Industries has set its Q3 guidance at $0.48 to $0.60 EPS.
Electro Scientific Industries (NASDAQ:ESIO) last announced its quarterly earnings data on Wednesday, November 1st. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.12. The business had revenue of $70.97 million for the quarter, compared to analysts’ expectations of $65.53 million. Electro Scientific Industries had a negative return on equity of 13.50% and a negative net margin of 9.00%. The firm’s quarterly revenue was up 139.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.24) EPS. On average, analysts expect Electro Scientific Industries to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Electro Scientific Industries (NASDAQ ESIO) opened at $25.85 on Tuesday. The company has a current ratio of 2.81, a quick ratio of 1.96 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $856.58, a PE ratio of -41.03, a price-to-earnings-growth ratio of 1.24 and a beta of 0.75. Electro Scientific Industries has a twelve month low of $6.10 and a twelve month high of $27.72.
A number of research analysts have weighed in on ESIO shares. Zacks Investment Research lowered Electro Scientific Industries from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. DA Davidson reaffirmed a “buy” rating and set a $25.00 target price on shares of Electro Scientific Industries in a report on Thursday, November 2nd. Lake Street Capital lifted their target price on Electro Scientific Industries from $14.50 to $22.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Needham & Company LLC lifted their target price on Electro Scientific Industries from $12.00 to $27.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Finally, BidaskClub lowered Electro Scientific Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 6th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Electro Scientific Industries presently has an average rating of “Buy” and an average target price of $31.00.
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Electro Scientific Industries Company Profile
Electro Scientific Industries, Inc and its subsidiaries supply laser-based manufacturing solutions for industries reliant on microtechnologies. The Company operates through two segments: Component Processing and Micromachining. The Component Processing segment includes interconnect products, semiconductor products and component products.
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