In today’s session Advanced Energy Industries, Inc. (AEIS) registered an unusually high (312) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious AEIS increase. With 312 contracts traded and 194 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: AEIS170120C00055000 closed last at: $3.4 or 23.6% up. About 12,651 shares traded hands. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has risen 65.78% since April 26, 2016 and is uptrending. It has outperformed by 60.52% the S&P500.
Analysts await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to report earnings on February, 6. They expect $0.77 EPS, up 175.00% or $0.49 from last year’s $0.28 per share. AEIS’s profit will be $30.71M for 18.15 P/E if the $0.77 EPS becomes a reality. After $0.73 actual EPS reported by Advanced Energy Industries, Inc. for the previous quarter, Wall Street now forecasts 5.48% EPS growth.
Advanced Energy Industries, Inc. (NASDAQ:AEIS) Ratings Coverage
Out of 7 analysts covering Advanced Energy Industries Inc. (NASDAQ:AEIS), 1 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 14% are positive. $53 is the highest target while $34 is the lowest. The $43 average target is -23.09% below today’s ($55.91) stock price. Advanced Energy Industries Inc. has been the topic of 13 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Citigroup on Wednesday, October 12. Raymond James downgraded the shares of AEIS in a report on Thursday, July 14 to “Market Perform” rating. Dougherty & Company maintained the stock with “Buy” rating in Thursday, July 28 report. The rating was maintained by Needham with “Buy” on Wednesday, August 5. The firm earned “Neutral” rating on Tuesday, April 19 by Susquehanna. The firm has “Neutral” rating by Bank of America given on Wednesday, April 20. The stock has “Strong-Buy” rating given by Zacks on Thursday, August 6. The rating was maintained by Dougherty & Company with “Buy” on Thursday, October 27. The rating was downgraded by Needham on Monday, April 18 to “Hold”. Pacific Crest reinitiated the stock with “Sector Weight” rating in Monday, January 4 report.
According to Zacks Investment Research, “Advanced Energy is a global leader in the development and support of technologies critical to high-technology, high-growth manufacturing processes used in the production of semiconductors, flat panel displays, data storage products, solar cells, architectural glass, and other advanced product applications. Leveraging a diverse product portfolio and technology leadership, Advanced Energy creates solutions that maximize process impact, improve productivity and lower the cost of ownership for its customers. This portfolio includes a comprehensive line of technology solutions in power, flow, thermal management, and plasma and ion beam sources for original equipment manufacturers and end-users around the world. Advanced Energy operates in regional centers in North America, Asia and Europe and offers global sales and support through direct offices, representatives and distributors,”
Insitutional Activity: The institutional sentiment is 1.11 in Q2 2016. Its the same as in 2016Q1. The ratio is the same, as 25 funds sold all Advanced Energy Industries, Inc. shares owned while 58 reduced positions. only 25 funds bought stakes while 67 increased positions. They now own 36.09 million shares or 6.42% less from 38.57 million shares in 2016Q1.
Moreover, Cornerstone Cap Management Lc has 0% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 8,906 shares. Vanguard Inc has invested 0.01% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Teachers Advsr Incorporated accumulated 0.01% or 217,986 shares. The Texas-based Capstone Asset Management Company has invested 0.01% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Mutual Of America Mngmt Ltd Liability Corp owns 1,900 shares or 0% of their US portfolio. Manufacturers Life Comm The accumulated 0% or 26,487 shares. First Limited Partnership holds 92,984 shares or 0.01% of its portfolio. Finemark Bankshares & has invested 0% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS). State Street Corporation accumulated 874,755 shares or 0% of the stock. Dimensional Fund L P has 0.04% invested in the company for 1.78M shares. Shelton Cap Mngmt last reported 27,443 shares in the company. Moreover, Highbridge Cap Ltd Liability Corp has 0.01% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 12,139 shares. Connable Office reported 9,465 shares or 0.1% of all its holdings. Tiaa Cref Invest Mngmt Ltd Liability last reported 0.01% of its portfolio in the stock. Adams Diversified Equity Fund accumulated 0.02% or 7,400 shares.
Insider Transactions: Since November 3, 2016, the stock had 0 insider purchases, and 1 insider sale for $191,280 net activity. ROHRS THOMAS M sold $191,280 worth of stock.
Advanced Energy Industries, Inc. provides precision power conversion, measurement and control solutions. The company has a market cap of $2.23 billion. The Firm is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions, used in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement. It has a 25.32 P/E ratio. It operates through Precision Power segment.
AEIS Company Profile
Advanced Energy Industries, Inc., incorporated on September 1, 1995, is a well-known provider of precision power conversion, measurement and control solutions. The Firm 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. It also provides repair and maintenance services for its products. The Firm operates through Precision Power segment. The Company’s process power products enable manufacturing processes that use thin films for various products, such as semiconductor devices, flat panel displays, thin film renewables, hard and industrial coatings and architectural glass. It also supplies power control modules for controlling thermal processes, and thermal instrumentation products for temperature measurement, both of which provide solutions for thin film semiconductor, thin film industrial and heavy industry. The Company’s remote plasma sources are used in the thin films processing industries and in gas abatement applications. The Company’s high voltage products offer power solutions for semiconductor, analytical instrumentation, industrial x-ray and medical imaging applications. The Company’s network of global service support centers offers repair services, conversions, upgrades, and refurbishments to companies using the Company’s products.
More news for Advanced Energy Industries, Inc. (NASDAQ:AEIS) were recently published by: Finance.Yahoo.com, which released: “Zacks.com featured highlights: Electronic Arts, Vanda Pharmaceuticals …” on November 25, 2016. Globenewswire.com‘s article titled: “Advanced Energy® Highlights Thermal Processing Solutions at SPS IPC Drives 2016” and published on November 22, 2016 is yet another important article.
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