Advanced Energy Industries (NASDAQ:AEIS) Stock Price Expected to Rise, Bank of America Analyst Says

Advanced Energy Industries (NASDAQ:AEISGet Free Report) had its target price increased by research analysts at Bank of America from $260.00 to $300.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the electronics maker’s stock. Bank of America‘s price objective points to a potential upside of 14.42% from the stock’s current price.

A number of other equities research analysts have also issued reports on AEIS. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Monday, December 29th. Benchmark raised their target price on shares of Advanced Energy Industries from $150.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. KeyCorp lifted their price target on shares of Advanced Energy Industries from $240.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Wells Fargo & Company raised their price objective on shares of Advanced Energy Industries from $215.00 to $225.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Finally, Susquehanna raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $255.50.

Check Out Our Latest Stock Analysis on AEIS

Advanced Energy Industries Trading Down 4.9%

Shares of NASDAQ AEIS opened at $262.19 on Thursday. The company has a current ratio of 4.10, a quick ratio of 3.01 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $9.90 billion, a PE ratio of 68.82, a PEG ratio of 1.33 and a beta of 1.39. Advanced Energy Industries has a twelve month low of $75.01 and a twelve month high of $276.85. The stock has a fifty day simple moving average of $220.99 and a 200-day simple moving average of $185.82.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.27. The firm had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. Advanced Energy Industries had a return on equity of 14.27% and a net margin of 8.41%.Advanced Energy Industries’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.98 EPS. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, equities analysts forecast that Advanced Energy Industries will post 3.66 earnings per share for the current year.

Insider Activity at Advanced Energy Industries

In related news, Director Tina Donikowski sold 2,257 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $210.33, for a total value of $474,714.81. Following the completion of the sale, the director owned 8,248 shares in the company, valued at $1,734,801.84. This represents a 21.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul R. Oldham sold 8,174 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $203.11, for a total transaction of $1,660,221.14. Following the transaction, the executive vice president directly owned 24,792 shares in the company, valued at $5,035,503.12. The trade was a 24.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Advanced Energy Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in AEIS. Bank of America Corp DE raised its stake in Advanced Energy Industries by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock valued at $125,431,000 after acquiring an additional 20,573 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Advanced Energy Industries by 1.0% during the second quarter. Geode Capital Management LLC now owns 925,648 shares of the electronics maker’s stock worth $122,663,000 after purchasing an additional 8,993 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Advanced Energy Industries by 18.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock worth $122,478,000 after purchasing an additional 111,467 shares during the period. GW&K Investment Management LLC lifted its holdings in shares of Advanced Energy Industries by 51.5% during the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock worth $119,062,000 after purchasing an additional 237,895 shares during the period. Finally, Analog Century Management LP purchased a new position in Advanced Energy Industries in the 3rd quarter valued at $79,507,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Company Profile

(Get Free Report)

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

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Analyst Recommendations for Advanced Energy Industries (NASDAQ:AEIS)

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