Advanced Energy Industries (NASDAQ:AEIS) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Advanced Energy Industries, Inc. (NASDAQ:AEIS - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $108.66 and traded as high as $116.29. Advanced Energy Industries shares last traded at $115.03, with a volume of 165,879 shares changing hands.

Analyst Ratings Changes

Several research analysts recently weighed in on AEIS shares. Baird R W upgraded Advanced Energy Industries to a "strong-buy" rating in a research note on Friday, September 20th. Bank of America upgraded Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $140.00 price target on the stock in a research note on Monday, December 16th. StockNews.com raised shares of Advanced Energy Industries from a "sell" rating to a "hold" rating in a research report on Monday, November 4th. TD Cowen lowered their target price on shares of Advanced Energy Industries from $120.00 to $118.00 and set a "hold" rating for the company in a research note on Thursday, October 31st. Finally, Wells Fargo & Company upped their price target on shares of Advanced Energy Industries from $98.00 to $105.00 and gave the company an "equal weight" rating in a research note on Friday, December 6th. Six analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $120.25.

Advanced Energy Industries Price Performance

The company has a quick ratio of 3.32, a current ratio of 4.62 and a debt-to-equity ratio of 0.48. The stock's 50 day moving average price is $114.11 and its two-hundred day moving average price is $108.71. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 101.43, a price-to-earnings-growth ratio of 6.92 and a beta of 1.47.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The electronics maker reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.07. The company had revenue of $374.20 million for the quarter, compared to the consensus estimate of $372.49 million. Advanced Energy Industries had a return on equity of 9.02% and a net margin of 2.91%. The firm's revenue for the quarter was down 8.7% compared to the same quarter last year. During the same period last year, the firm earned $1.12 EPS. Equities research analysts forecast that Advanced Energy Industries, Inc. will post 2.52 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date was Monday, November 25th. Advanced Energy Industries's payout ratio is presently 35.09%.

Insider Transactions at Advanced Energy Industries

In related news, Director Lanesha Minnix sold 1,000 shares of Advanced Energy Industries stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $111.72, for a total value of $111,720.00. Following the completion of the transaction, the director now owns 5,092 shares in the company, valued at $568,878.24. The trade was a 16.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Advanced Energy Industries

Hedge funds have recently bought and sold shares of the business. Earnest Partners LLC lifted its holdings in Advanced Energy Industries by 13.5% during the second quarter. Earnest Partners LLC now owns 1,681,776 shares of the electronics maker's stock valued at $182,910,000 after purchasing an additional 199,578 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Advanced Energy Industries by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 950,977 shares of the electronics maker's stock valued at $103,428,000 after buying an additional 15,577 shares in the last quarter. Geode Capital Management LLC lifted its stake in Advanced Energy Industries by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 884,402 shares of the electronics maker's stock valued at $93,094,000 after buying an additional 15,030 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Advanced Energy Industries by 22.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 647,682 shares of the electronics maker's stock worth $70,442,000 after buying an additional 118,328 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Advanced Energy Industries by 2.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 514,424 shares of the electronics maker's stock worth $55,949,000 after buying an additional 13,967 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company's stock.

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.