Advanced Energy Industries (AEIS) to Release Quarterly Earnings on Wednesday

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $394.21 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Advanced Energy Industries Price Performance

Shares of Advanced Energy Industries stock traded down $1.41 during trading on Friday, reaching $111.69. 190,282 shares of the stock traded hands, compared to its average volume of 242,176. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 97.97, a P/E/G ratio of 3.60 and a beta of 1.45. The business has a fifty day simple moving average of $117.51 and a two-hundred day simple moving average of $110.36. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.62 and a quick ratio of 3.32. Advanced Energy Industries has a 52-week low of $89.11 and a 52-week high of $130.50.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AEIS shares. Needham & Company LLC reissued a "buy" rating and issued a $145.00 price objective on shares of Advanced Energy Industries in a research note on Wednesday, January 15th. Bank of America raised shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $140.00 price objective for the company in a research note on Monday, December 16th. Susquehanna reduced their target price on shares of Advanced Energy Industries from $103.00 to $92.00 and set a "neutral" rating on the stock in a research report on Friday, October 11th. TD Cowen reduced their target price on shares of Advanced Energy Industries from $120.00 to $118.00 and set a "hold" rating on the stock in a research report on Thursday, October 31st. Finally, Citigroup raised shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $110.00 to $138.00 in a report on Monday, January 6th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Advanced Energy Industries presently has an average rating of "Moderate Buy" and an average target price of $126.89.

Insiders Place Their Bets

In related news, Director Lanesha Minnix sold 1,000 shares of the business's stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $111.72, for a total transaction of $111,720.00. Following the completion of the transaction, the director now directly owns 5,092 shares in the company, valued at $568,878.24. The trade was a 16.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.00% of the company's stock.

About Advanced Energy Industries

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.