Advanced Energy Industries, Inc. (NASDAQ:AEIS) Receives Average Recommendation of "Moderate Buy" from Brokerages

Advanced Energy Industries, Inc. (NASDAQ:AEIS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the ten analysts that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $126.89.

Several research analysts have recently weighed in on the stock. Benchmark reissued a "buy" rating and issued a $125.00 target price on shares of Advanced Energy Industries in a research report on Wednesday, November 20th. Bank of America raised shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $140.00 price objective on the stock in a research report on Monday, December 16th. Wells Fargo & Company boosted their price objective on shares of Advanced Energy Industries from $105.00 to $115.00 and gave the company an "equal weight" rating in a research report on Monday, January 13th. Citigroup raised shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $110.00 to $138.00 in a research report on Monday, January 6th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $145.00 price objective on shares of Advanced Energy Industries in a research report on Wednesday, January 15th.

Advanced Energy Industries Trading Down 1.2 %

Shares of Advanced Energy Industries stock traded down $1.41 during trading on Thursday, hitting $111.69. The stock had a trading volume of 190,282 shares, compared to its average volume of 242,176. The stock has a 50 day simple moving average of $117.51 and a 200 day simple moving average of $110.36. The company has a market capitalization of $4.21 billion, a PE ratio of 97.97, a P/E/G ratio of 3.60 and a beta of 1.45. The company has a quick ratio of 3.32, a current ratio of 4.62 and a debt-to-equity ratio of 0.48. Advanced Energy Industries has a 1 year low of $89.11 and a 1 year high of $130.50.

Insider Buying and Selling at Advanced Energy Industries

In other 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 value of $111,720.00. Following the completion of the sale, the director now directly owns 5,092 shares in the company, valued at approximately $568,878.24. The trade was a 16.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Advanced Energy Industries

Several large investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its stake in Advanced Energy Industries by 1.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,008 shares of the electronics maker's stock valued at $579,000 after purchasing an additional 85 shares during the last quarter. Integrated Investment Consultants LLC raised its stake in Advanced Energy Industries by 2.2% during the 4th quarter. Integrated Investment Consultants LLC now owns 4,594 shares of the electronics maker's stock valued at $531,000 after purchasing an additional 100 shares during the last quarter. Stifel Financial Corp raised its stake in Advanced Energy Industries by 1.0% during the 3rd quarter. Stifel Financial Corp now owns 10,752 shares of the electronics maker's stock valued at $1,132,000 after purchasing an additional 102 shares during the last quarter. Heritage Family Offices LLP raised its stake in Advanced Energy Industries by 6.1% during the 4th quarter. Heritage Family Offices LLP now owns 2,019 shares of the electronics maker's stock valued at $233,000 after purchasing an additional 116 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Advanced Energy Industries by 5.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,496 shares of the electronics maker's stock valued at $263,000 after purchasing an additional 130 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Company Profile

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.