FEI Company Profile (NASDAQ:FEIC)

Analyst Ratings

Consensus Ratings for FEI (NASDAQ:FEIC) (?)
Ratings Breakdown: 1 Sell Rating(s), 5 Hold Rating(s), 1 Buy Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $103.00 (3.10% downside)

Analysts' Ratings History for FEI (NASDAQ:FEIC)
Show:
DateFirmActionRatingPrice TargetActions
5/31/2016DA DavidsonReiterated RatingNeutral$90.00 -> $107.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/31/2016Benchmark Co.DowngradeBuy -> Hold$92.00 -> $107.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/31/2016William BlairDowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/31/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/23/2016Goldman Sachs Group Inc.Boost Price Target$94.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/28/2015Needham & Company LLCDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/29/2015Off Wall StreetReiterated RatingSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/17/2015Bank of America Corp.DowngradeBuy -> Neutral$90.00 -> $83.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/4/2014SidotiUpgradeNeutral -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for FEI (NASDAQ:FEIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016        
5/4/2016Q116$0.59$0.56$217.72 million$229.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/2/2016Q4$1.11$1.24$266.68 million$273.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/27/2015Q3$0.77$0.25$220.91 million$213.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2015Q215$0.76$0.89$221.54 million$224.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015Q115$0.60$0.66$221.99 million$221.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/4/2015Q414$1.03$0.98$274.30 million$265.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$0.69$0.69$237.10 million$227.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2014Q214$0.65$0.70$235.22 million$237.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2014Q114$0.67$0.59$235.05 million$226.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/5/2014Q413$0.93$0.97$254.17 million$265.29 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2013Q313$0.67$0.67$221.16 million$218.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$0.67$0.72$227.40 million$222.48 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2013Q1 2013$0.62$0.65$221.42 million$221.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/6/2013Q4 2012$0.69$0.72$229.31 million$230.94 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2012$0.66$0.71ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2012$0.68$0.74ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2012$0.63$0.63ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/27/2011$0.58$0.63ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2011$0.61$0.62ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2011$0.46$0.54ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/3/2011$0.39$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for FEI (NASDAQ:FEIC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.52$0.86$0.76
Q2 20163$0.85$0.93$0.89
Q3 20164$0.81$0.92$0.86
Q4 20164$1.21$1.35$1.29
Q1 20171$0.80$0.80$0.80
Q2 20171$1.00$1.00$1.00
Q3 20171$0.95$0.95$0.95
Q4 20171$1.50$1.50$1.50
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for FEI (NASDAQ:FEIC)
Annual Dividend:$1.20
Dividend Yield:1.13%
Payout Ratio:41.81% (Based on Trailing 12 Months of Earnings)
33.15% (Based on Current Year Consensus EPS Estimate)
28.85% (Based on Next Year Consensus EPS Estimate)

Dividend History for FEI (NASDAQ:FEIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
6/9/2016quarterly$0.301.12%7/5/20167/7/20167/20/2016Tweet This Announcement  Share This Announcement on StockTwits
2/11/2016quarterly$0.301.63%4/4/20164/6/20164/19/2016Tweet This Announcement  Share This Announcement on StockTwits
11/12/2015quarterly$0.301.6%1/5/20161/7/20161/19/2016Tweet This Announcement  Share This Announcement on StockTwits
9/17/2015quarterly$0.301.6%10/9/201510/14/201510/27/2015Tweet This Announcement  Share This Announcement on StockTwits
6/4/2015quarterly$0.301.46%7/14/20157/16/20157/28/2015Tweet This Announcement  Share This Announcement on StockTwits
2/13/2015quarterly$0.251.24%4/6/20154/8/20154/21/2015Tweet This Announcement  Share This Announcement on StockTwits
11/13/2014quarterly$0.251.21%1/5/20151/7/20151/20/2015Tweet This Announcement  Share This Announcement on StockTwits
9/16/2014quarterly$0.251.21%10/6/201410/8/201410/21/2014Tweet This Announcement  Share This Announcement on StockTwits
6/5/2014quarterly$0.251.16%7/7/20147/9/20147/22/2014Tweet This Announcement  Share This Announcement on StockTwits
2/13/2014quarterly$0.120.48%4/7/20144/9/20144/22/2014Tweet This Announcement  Share This Announcement on StockTwits
11/15/2013quarterly$0.120.53%1/6/20141/8/20141/21/2014Tweet This Announcement  Share This Announcement on StockTwits
9/12/2013quarterly$0.120.56%10/7/201310/9/201310/22/2013Tweet This Announcement  Share This Announcement on StockTwits
6/6/2013quarterly$0.120.67%7/8/20137/10/20137/23/2013Tweet This Announcement  Share This Announcement on StockTwits
2/14/2013quarterly$0.080.5%4/8/20134/10/20134/23/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for FEI (NASDAQ:FEIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
11/18/2015Don R. KaniaCEOSell50,000$76.16$3,808,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/12/2015Arie HuijserDirectorSell3,500$75.60$264,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/5/2015Thomas F KellyDirectorSell7,500$75.60$567,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/23/2015Gerhard H ParkerDirectorSell8,683$80.62$700,023.46View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/17/2015James T RichardsonDirectorSell7,500$80.22$601,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/4/2014Raymond A LinkCFOSell4,000$87.48$349,920.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2014Raymond A LinkCFOSell7,537$84.51$636,951.87View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/5/2014Jan LobbezooDirectorSell10,500$106.00$1,113,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/20/2014Bradley ThiesVPSell4,512$101.24$456,794.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/18/2014James RichardsonDirectorSell7,500$100.10$750,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/10/2014Don KaniaCEOSell55,412$97.73$5,415,414.76View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/10/2014Gerhard ParkerDirectorSell10,500$98.05$1,029,525.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2013Benjamin Geklim LohCOOSell2,123$89.00$188,947.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2013Benjamin Geklim LohCOOSell16,261$89.00$1,447,229.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2013Raymond LinkCFOSell1,573$88.80$139,682.40View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2013Benjamin Geklim LohCOOSell13,529$89.00$1,204,081.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2013Raymond LinkCFOSell9,057$88.15$798,374.55View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/4/2013Raymond A LinkCFOSell8,326$88.03$732,937.78View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/1/2013Raymond A LinkCFOSell5,823$88.08$512,889.84View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/31/2013Raymond A LinkCFOSell6,746$89.97$606,937.62View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/16/2013Raymond LinkCFOSell3,948$76.99$303,956.52View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2013Arie HuijserDirectorSell2,500$77.50$193,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/17/2013Benjamin Geklim LohCOOSell1,562$71.07$111,011.34View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/15/2013Thomas F KellyDirectorSell12,500$70.28$878,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/14/2013James T RichardsonDirectorSell1,000$69.76$69,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/7/2013Bradley J ThiesVPSell12,160$70.28$854,604.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/7/2013Don R KaniaCEOSell19,463$69.90$1,360,463.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/7/2013James T RichardsonDirectorSell1,000$70.08$70,080.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for FEI (NASDAQ:FEIC)
DateHeadline
07/28/16 02:44 PMThermo Fisher Scientific Inc.: Thermo Fisher Scientific Reports Second Quarter 2016 Results
07/28/16 02:44 PMFEI and Cornell University Collaborate to Commercialize New EMPAD Detector
07/28/16 02:44 PMLarry Ellison Conquers The World, Starting With NetSuite
07/28/16 06:34 AM[$$] Thermo Fisher Beats Expectations, Raises Outlook - [at The Wall Street Journal] - Thermo Fisher edged its earnings guidance higher for the year after revenue rose 6.2% in the latest quarter, boosted by recent acquisitions, as the lab-equipment company readies to buy FEI.
07/14/16 07:38 AMFEI’s New Themis Z S/TEM Sets New Standards for High Performance Imaging and Analysis - [at noodls] - HILLSBORO, Ore., July 14, 2016 (GLOBE NEWSWIRE) -- FEI (NASDAQ:FEIC) today released its new Themis™ Z scanning/transmission electron microscope (S/TEM), once again raising the bar for imaging and analysis. ...
07/11/16 07:03 AMFEI COMPANY (FEIC) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of FEI Company - [Business Wire] - Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of FEI Company relating to the sale of the Company to Thermo Fisher Scientific Inc.
07/08/16 03:58 PMGlobal Life Science Microscopy Device Industry 2016:Olympus Corporation, FEI Company, Hitachi, Leica Microsystems
06/29/16 03:55 PMTech ETFs with Exposure to Hardware, Internet Segments
06/27/16 04:36 PMRS Investment Continues to Buy Nike, Colgate -
06/27/16 07:41 AMFEI Launches Helios G4 DualBeam Series for Materials Science - [at noodls] - HILLSBORO, Ore., June 27, 2016 (GLOBE NEWSWIRE) -- FEI (NASDAQ:FEIC) continues to lead the industry with the launch of the Helios™ G4 DualBeam Series for materials science, offering highly automated and ...
06/23/16 03:03 PMFEI : Presolicitation Notice - Preventative Maintenance and Emergency Service Agreement for a FEI Tecnai 12 Electron Microscope, Serial Number D261
06/16/16 02:55 PMHere’s what FEI's CEO had to say to employees about the impending sale -
06/16/16 07:39 AMFEI Launches Three New Tools for Next-Generation Semiconductor Manufacturing - [at noodls] - HILLSBORO, Ore., June 16, 2016 (GLOBE NEWSWIRE) -- FEI (NASDAQ:FEIC) announced today the release of three new tools for process control and defect/failure analysis in advanced semiconductor manufacturing. ...
06/13/16 07:52 AMBritain's trade options after Brexit - no easy way out - LONDON, June 13 (Reuters) - Britain's status as a trade power has become one of the most contentious issues in the European Union membership referendum on June 23.
06/09/16 03:19 PMFEI Announces Quarterly Cash Dividend of $0.30 per Share - [at noodls] - HILLSBORO, Ore., June 09, 2016 (GLOBE NEWSWIRE) -- FEI Company (NASDAQ:FEIC) announced that its board of directors has approved payment of a quarterly dividend of $0.30 per share of common stock. The dividend ...
06/09/16 03:14 PMFEI CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
06/08/16 04:14 PMFEI Company (FEIC) is Trading Lower on Unusual Volume for June 06
06/07/16 09:10 PMSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of FEI Company - [Business Wire] - Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of FEI Company for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Thermo Fischer Scientific Inc.
06/06/16 02:04 PMINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding the Fairness of the Sale of FEI Company to Thermo Fisher Scientific Inc. - [Business Wire] - The following statement is being issued by Levi & Korsinsky, LLP:
06/03/16 10:12 PMFEI Company (FEIC) is Trading Higher on Unusual Volume for June 01
06/03/16 02:48 PMFEI Company Acquisition May Not Be in the Best Interests of FEIC Shareholders - [PR Newswire] - NEW YORK, June 3, 2016 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of FEI Company ("FEIC" or the "Company") in connection with the proposed acquisition of the Company by Thermo Fisher Scientific Inc. ("Thermo Fisher"). On May 27, 2016, the Company announced it had reached a definitive agreement for Thermo Fisher to acquire all outstanding shares of FEIC for $107.50 in cash for each share of Company common stock. WeissLaw is investigating whether FEIC's Board acted to maximize shareholder value prior to entering into the agreement. Notably, the transaction values FEIC below its 52-week high of $108.35. Additionally, the Company recently announced positive financial results in the first quarter of 2016. The Company reported first quarter revenue of $229 million, up 3.5% compared with $221 million for the first quarter of 2015. It enjoyed record first quarter bookings of $272 million and a backlog of $656 million. During the quarter, the Company paid cash dividends of $12 million, invested $6.1 million in plant and equipment and repurchased 12,599 shares of its common stock.
06/02/16 04:27 PMINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of FEI Company And Encourages Shareholders To Contact The Firm For Additional Information - [Business Wire] - The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of FEI Company relating to the proposed buyout of FEI by Thermo Fisher Scientific Inc.
06/02/16 06:02 AMCompany Update: Thermo Fisher - [PR Newswire] – NEW YORK, May 31, 2016 /PRNewswire/ — Milberg LLP is investigating possible breaches of fiduciary duty and other violations of law in connection with the proposed acquisition of FEI Company (FEIC) (“FEI”) by Thermo Fisher Scientific ...
06/02/16 06:02 AMThermoFisher Scientific to buy electron microscopy maker - US lab equipment giant ThermoFisher Scientific has agreed to buy technical instrument manufacturer FEI Company for $4.2 billion (£2.9 billion). The deal allows ThermoFisher to complement their mass spectrometry portfolio with FEI’s electron microscopy ...
06/01/16 12:21 PMFEI COMPANY SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout - [Business Wire] - Rigrodsky & Long, P.A.:
06/01/16 12:00 PMShareholder Alert: Brower Piven Commences An Investigation Into The Proposed Sale Of FEI Company And Encourages Investors To Contact The Firm For Additional Information - [Business Wire] - The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of FEI Company relating to the proposed buyout of FEI by Thermo Fisher Scientific Inc.
06/01/16 11:36 AMSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Commencement of an Investigation Concerning the Fairness of the Sale of FEI Company to Thermo Fisher Scientific Inc. - [Business Wire] - The following statement is being issued by Levi & Korsinsky, LLP:
05/31/16 04:06 PMThe Acquisition of FEI Company (NASDAQ:FEIC) Is Under Investigation for Investors - An investigation on behalf of investors of FEI Company (NASDAQ:FEIC) in connection with the proposed takeover was announced and NASDAQ:FEIC stockholders should contact the Shareholders Foundation.San Diego, CA -- (SBWIRE) -- 05/31/2016-- The acquisition of ...
05/31/16 02:23 PMFEI COMPANY SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Thermo Fischer Scientific Inc. May be Unfair to Shareholders - [Business Wire] - Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of FEI Company concerning the acquisition by Thermo Fischer Scientific Inc.
05/31/16 02:09 PMFEI INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FEI Company - [PR Newswire] - NEW ORLEANS, May 31, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
05/31/16 12:30 PMThermo Fisher Scientific Inc. -- Moody's affirms Thermo Fisher's ratings following FEI acquisition announcement; outlook positive - [at Moody's] - New York, May 31, 2016-- Moody's Investors Service, last week affirmed Thermo Fisher Scientific Inc.' s Baa3 senior unsecured and Prime-3 short term ratings following the company's announced debt financed ...
05/31/16 11:08 AMINVESTOR ALERT: Levi & Korsinsky, LLP Announces Commencement of an Investigation Into the Fairness of the Sale of FEI Company to Thermo Fisher Scientific Inc. - FEIC - [PR Newswire] - NEW YORK, May 31, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased FEI Company (NASDAQ: FEIC) stock prior to May 27, 2016 ...
05/31/16 09:50 AMRyan & Maniskas, LLP Announces Investigation of FEI Company - [PR Newswire] - WAYNE, Pa., May 31, 2016 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of FEI Company ("FEI" or the "Company") (NASDAQ: FEIC) ...
05/31/16 09:48 AMMilberg LLP Announces Investigation of Purchase of FEI Company by Thermo Fisher Scientific Inc. - [PR Newswire] - NEW YORK, May 31, 2016 /PRNewswire/ -- Milberg LLP is investigating possible breaches of fiduciary duty and other violations of law in connection with the proposed acquisition of FEI Company (FEIC) ("FEI") by Thermo Fisher Scientific Inc. (TMO) ("Thermo Fisher"). On May 27, 2016, Thermo Fisher and FEI announced that their boards of directors had unanimously approved Thermo Fisher's acquisition of FEI for $107.50 per share in cash.
05/31/16 07:58 AMThermo Fisher to Buy FEI, Boost Electron Microscopy Platform -
05/31/16 07:41 AMFEI downgraded by The Benchmark Company -
05/30/16 08:36 PMThermo Fisher: Serial Acquirer Makes Another Bolt-On Move By Acquiring FEI - Thermo Fisher makes another deal, announcing the acquisition of FEI Company. The deal looks reasonable, as the $4 billion+ transaction is really just a bolt-on deal. Thermo Fisher runs a great diversified business with sound long-term prospects ...
05/28/16 10:03 PMThermo Fisher (TMO) to Acquire FEI Company (FEIC) in ~$4.2B Deal - StreetInsider.com - StreetInsider.comThermo Fisher (TMO) to Acquire FEI Company (FEIC) in ~$4.2B DealStreetInsider.comThermo Fisher Scientific Inc. (NYSE: TMO) and FEI (Nasdaq: FEIC) announced that their boards of directors have unanimously approved Thermo Fisher's acquisition of FEI for $107.50 per share in cash. The transaction represents a purchase price of ...and more »
05/27/16 05:59 PMWhy Deckers Outdoor, FEI Company, and Twitter Jumped Today - These stocks helped lead the market higher. Find out why.
05/27/16 03:25 PMThermo Fisher Acquisition of FEI Brings "Terrific Complementarity" While FEI Is a Sell - TheStreet.com - TheStreet.comThermo Fisher Acquisition of FEI Brings "Terrific Complementarity" While FEI Is a SellTheStreet.comThermo Fisher will pay a 14% premium for the microscope manufacturer, which according to TheStreet's Jim Cramer is an excessive purchase price. Laura Berman. Follow. May 27, 2016 2:43 PM EDT. Get TheStreet Quant Ratings' exclusive 5-page report for ...Fitch: Thermo Fisher's Acquisition of FEI Company Within Expectations; No Rating ActionsBusiness Wire (press release)Thermo Fisher to Buy Microscope-Maker FEI for $4.2 BillionBloombergFate of FEI's Hillsboro facility unclear following news of proposed acquisitionPortland Business Journal (blog)New York Times -The Biological SCENE -StreetInsider.com -Markets.coall 88 news articles »
05/27/16 01:40 PMFEI (FEIC) Stock Skyrockets on $4.2 Billion Thermo Fisher Acquisition, Jim Cramer's Take - TheStreet.com - TheStreet.comFEI (FEIC) Stock Skyrockets on $4.2 Billion Thermo Fisher Acquisition, Jim Cramer's TakeTheStreet.comFEI (FEIC) shares are surging Friday following the announcement that lab equipment company Thermo Fisher Scientific (TMO) agreed to buy the microscope technology maker for about $4.2 billion in cash. U-Jin Lee. Follow. May 27, 2016 1:34 PM EDT.Fitch: Thermo Fisher's Acquisition of FEI Company Within Expectations; No Rating ActionsBusiness Wire (press release)Thermo Fisher to Buy Microscope-Maker FEI for $4.2 BillionBloombergThermo Fisher to Acquire FEI for $4.2 billionNew York TimesInvestor's Business Daily -StreetInsider.com -Patch.com -Benzingaall 83 news articles »
05/27/16 11:58 AMThermo Fisher Purchase of FEI Company Conference Call: Full Transcript - {Operator:} Ladies and gentlemen, thank you for standing by. Welcome to today's Conference Call and Webcast, to discuss Thermo Fisher Scientific Inc. (NYSE: TMO) Acquisition of FEI Company (NASDAQ: FEIC). At this time all participants have been placed in a listen-only mode. The call will be opened for your questions following the presentation. If you would like to ask a question please press star, then the number one on your telephone keypad. If your question has been answered and you wish to remove yourself from the queue press the pound key. We ask that you please pickup your handset to allow optimal sound quality. I would now like to turn the call over to Ken Apicerno, Vice President of Investor Relations at Thermo Fisher Scientific. Please go ahead sir. {C:Kenneth Apicerno:Vice President Investor Relations:} Thank you and good morning everyone. Welcome to our conference call to discuss Thermo Fisher's acquisition of FEI, which was announced earlier today. On the call with me today is Marc Casper; our President and Chief Executive Officer, Stephen Williamson; our Chief Financial Officer, Dan Shine; Senior Vice President and President of Analytical Instruments, and Don Kania; President and Chief Executive Officer of FEI. You will find the brief slide presentation in Investors section of our website, under the section titled webcast and presentations that we will be walking through this morning. After our prepared comments, we will open it up for Q&A. So before we begin, let me briefly cover our Safe Harbor statement. Various remarks that we may make about Thermo Fisher's future expectations, plans and prospects constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors that set forth in Thermal Fisher and FEI's most recent Annual Reports and current reports which are filed with the SEC and available on our respective website, as well as the possibility that expected benefits related to the transaction may not materialize as expected. Transaction not being timely completed, if completed at all, prior to the completion of the transaction, FEI’s business experiencing disruptions due to transaction-related uncertainty or other factors making it more difficult to maintain relationships with employees, customers, licensees, other business partners or governmental entities, difficulty retaining key employees, and the parties being unable to successfully implement integration strategies or to achieve expected synergies and operating efficiencies within the expected time-frames or at all. While Thermo Fisher or FEI may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change and therefore you should not rely on these forward-looking statements is representing a view as of any date subsequent to today. Also during the call, we'll be referring to certain financial measures not prepared in accordance with Generally Accepted Accounting Principles, or GAAP such as adjusted EPS, adjusted operating income, adjusted EBITDA, adjusted ROIC and free cash flow. We believe that the use of these non-GAAP measures helps investors to gain a better understanding of our cooperating results and future prospects consistent with how management measures and forecast the company's performance especially when comparing such results to previous periods or forecasts. So with that I'll now turn the call over to Marc. {C: Marc N. Casper: President and Chief Executive Officer:} Thank you, Ken. Good morning everyone and thank you for joining us on short notice. I am going to start on Slide 4. We are very excited to talk to you today about our acquisition of FEI, the leader in high performance electron microscopy. As you'll hear this morning, FEI is an outstanding strategic fit with our Company. FEI's products and services are highly complementary to our own and will create new growth opportunities for us and some very attractive markets; such as structural biology and material sciences. More on that later. This transaction is also compelling from a financial perspective, a quick snapshot on the deal. This is an all cash transaction and we are paying a $107.50 per share. We expected to be immediately and significantly accretive to adjusted EPS, it has a strong return on investment profile and we expect to complete the transaction by early 2017. Before I get into the details, I'd like to turn the call over to Don Kania to make a few comments about the transaction. Don? {C:Don R. Kania: President and Chief Executive Officer of FEI:} Thank you, Marc. I want to acro Marc's sentiments about how excited we are about this transaction which will enable us to drive and grow as part of the world leader in serving science. Let me briefly review why we believe this is a win for all FEI stakeholders. First, this transaction offers immediate and significant value for our shareholders who, as Marc said will receive $107.50 per share in cash for each share of FEI they own. Our customers will benefit through the global scale and depth of capabilities that Thermo Fisher brings, allowing us to more effectively reach new customers. With Thermo Fisher's industry leadership, we will be better position to continue to capitalize on the growing adoption of electron microscopy across all our markets and especially in life sciences. This transaction is testament to the tireless efforts of our employees, who have help build FEI into the leader and high performance electron microscopy. Importantly Thermo Fisher shares are commitment to innovation and intense focus on customers. We believe this combination will offer our employees exciting new opportunities as part of the global industry leaders a rapidly growing Company. In summary, we are pleased to be joining Thermo Fisher and our confidence that together, we can drive significant value for our customers and our shareholders. With that I will turn the call back over to Marc. {C:Marc N. Casper:} Thanks Don. Turning back to the presentation, slide 5 provides a quick snapshot of FEI. As many of you may know FEI is the leader in electron microscopy with a broad portfolio of serving customers primarily across life sciences and material science markets. These are hi tech instruments that provide images and information at the micro, nano, and picometer scales. This allows customers to study a wide range of biological and inorganic materials with great precision. Including cells, molecules and metals for example. Within incredible and installed base build over the years FEI has established an exceptional service in software business that represents approximately 30% of its' total revenues, creating a high margin recurring revenue stream. From a geographic perspective FEI has a global presence and the very balanced revenue profile. Approximately 40% of its sales are generate in Asia-Pacific and rest of world. So clearly a strong focus on capturing opportunities in these high growth regions similar to Thermo Fisher. FEI is a strong and growing organization with approximately 3,000 colleagues globally. There are key locations in Europe and the US include R&D, promotional and manufacturing capabilities. In 2015 the business had annual revenues of $930 million and adjusted EBITDA margins of 23.4%. Slide 6, to help you understand where the company fits in look at the left side and you'll our current segment breakdown. FEI will become part of the analytical instruments this is where our company's leading the mass spectrometry and chromatography businesses reside as well as our chemical analysis business. Not only as FEI's electron microscopy portfolio highly complementary to these technologies, but we'll also be able to leverage our total company global commercial reach to put FEIs products into the hands of more customers. As you know our unique customer value proposition is based on our ability to leverage our strengths across these complementary business, whether our customers are looking for reagents, lab supplies or analytical instruments our sales teams are in customers laboratories around the world everyday. This is a key competitive advantage that will benefit FEI once as part of Thermo Fisher making the natural owner of this strategic assets. Turning to Slide 7, FEI is a great strategic fit with our company who will make our unique customer value proposition even stronger. With our combined capabilities in protein analysis Thermo Fisher will be in the best position to serve the growing structural biology market. Our expanding offer in material sciences will increase our presence in these attractive markets where growth is driven by the adoption of nanotechnologies. Thermo Fisher's unmatched global scale and commercial reach will create new opportunities for FEI to expand his customer base, especially by leveraging our leadership in life sciences. Beside from a leading product portfolio, FEI brings strong service business that will contribute to our growing services capability. All of this is a great example of how we continue to strengthened our unique customer value proposition. It's a key element of our growth strategy that allows us to drive share gain with our customers and there is well as expand to additional customer sets ultimately creating shareholder value. On Slide 8, let's cover bit more detail on FEI Technologies and how they serve customers working in life sciences and material sciences. First as the clear leader in electron microscopy, FEI has made significant advances that are position this technology increasingly for life science applications particularly structural biology. They understood that there was an unmet customer needs which is the ability to actually visualize a molecular structure. They are breakthrough Cryo-EM system for example, is a disruptive technology that being used for high resolution analysis of proteins. Based on our interactions with academic and biopharma customers, we are very excited about the opportunity to accelerate the adoption of these products in life sciences markets. FEI also has unique imaging capabilities for material science applications. Tools such as there 3D nano-characterization and non-prototyping technologies are serving the growing trend towards innovative devices that are smaller and more complex to manufacture. The semiconductor industry is a good example of how FEI has distinguish himself by supporting both the lab development of these devices as well as the critical QA/QC application during production. Let me spend the couple of minutes on Slide 9, discussing how we think about the new opportunities this combination creates. Simply this is a story of high-end, high-tech capabilities that are highly complementary. You know, of our exceptional track record in developing the Orbitrap mass spectrometry technologies used for protein identification and characterization. The addition of FEI's Cryo-EM system for structural analysis of proteins will put us in the best position to capitalize on the growth and structural biology. Another very important benefit here is that with our unmatched presence in life sciences we will be able to accelerate the adoption of FEI's microscopy products within our customer base especially in the biopharma end markets. In materials science you are familiar with our broad molecular spectroscopy and elemental analysis portfolios. With FEI's scanning and transmission electron microscopes, we significantly increased our depth of capabilities in material science. Growth in this market is driven by the increase use of polymers, new engineered materials and smaller and more complex devices such as semiconductors. These trends are driving growth in the field of nano-technologies served by FEI. So just a couple of examples of the great fit that will strengthen our strategic position, expand our opportunities to continue to gain share in life sciences and significantly expand our offering into attractive material science markets. The acquisition of FEI is also compelling from a financial perspective. I'll now turn it over to Stephen Williamson, our CFO to run through these details with you. Stephen? {C:Stephen Williamson:Senior Vice President and Chief Financial Officer:} So thanks Marc. I am also very excited about the transaction. So happy to review some of the financial aspects with all of you. Turning to Slide 10, as you saw in our press release this morning, we are paying $107.50 per FEI share for an expected total net cash consideration of $4.2 billion. This amount is net of approximately $400 million of FEI's net cash assume to be available to us at close. The transaction delivers attractive financial returns. It will be immediately accretive to adjusted earnings per share and we expect it to deliver $0.30 of accretion in the first full year. We also expect the adjusted ROIC to exceed our weighted average custom capital hurdle rates of 8.5% by year five. We expect to generate a total of $80 million of adjusted operating income synergies by year three following the close. Comprise to $55 million of cost synergies and $25 million from revenue related synergies. Cost synergies will come from the eliminating redundant public company costs, leveraging our combined global infrastructure and deploying our PPI business system. As I am sure you're aware, we have a proven track record of efficiently and effectively integrating businesses. In terms of ...Full story available on Benzinga.com
05/27/16 11:58 AMMid-Day Market Update: FEI Company Rises Following Acquisition News; Terex Shares Drop - Midway through trading Friday, the Dow traded up 0.17 percent to 17,857.98 while the NASDAQ gained 0.39 percent to 4,920.66. The S&P also rose, gaining 0.24 percent to 2,095.08. Leading and Lagging Sectors Cyclical consumer goods & services shares gained by 0.39 percent in trading on Friday. Top gainers in the sector included Big Lots, Inc. (NYSE: BIG), Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), and COMSCORE, Inc. (NASDAQ: SCOR). In trading on Friday, basic materials shares dropped by 0.45 percent. Meanwhile, top losers in the sector included Cliffs Natural Resources Inc (NYSE: CLF), down 6 percent, and McEwen Mining Inc (NYSE: MUX), down 6 percent. Top Headline Big Lots, Inc. (NYSE: BIG) reported stronger-than-expected results for the first quarter and raised its full-year forecast. Big Lots delivered earnings of $0.79 per share, up from $0.60 per share in the year-ago quarter. Excluding adjustments, it would have delivered income from continuing operations of $0.82 per share. Street analysts estimated the retailer to earn $0.70 a share. Its sales grew 2.34 percent to $1.31 billion from $1.28 billion in the previous year quarter. Analysts ...Full story available on Benzinga.com
05/27/16 11:58 AMThermo Fisher to Buy Microscope-Maker FEI for $4.2 Billion - Bloomberg - USA TODAYThermo Fisher to Buy Microscope-Maker FEI for $4.2 BillionBloombergThermo Fisher Scientific Inc. will buy FEI Co. for about $4.2 billion, the latest deal by the diagnostics and research equipment company in a campaign of acquisition to beef up its suite of testing and technology services. Thermo Fisher will pay $107 ...Thermo Fisher Purchase of FEI Company Conference Call: Full TranscriptBenzingaFitch: Thermo Fisher's Acquisition of FEI Company Within Expectations; No Rating ActionsBusiness Wire (press release)Thermo Fisher Scientific acquires FEI Co. for $4.2 BillionUSA TODAYTheStreet.com -GenomeWeb -PR Newswire (press release) -Investor's Business Dailyall 83 news articles »
05/27/16 11:01 AMFEI Company (FEIC) Spikes 14% As Thermo Fisher (TMO) Agrees to Acquire Company -
05/27/16 10:15 AMThermo Fisher Adds Electron Microscopy Specialist FEI in $4.2B Deal - TheStreet.com - TheStreet.comThermo Fisher Adds Electron Microscopy Specialist FEI in $4.2B DealTheStreet.comThe deal continues Thermo Fisher's aggressive push to be the premier supplier of equipment for the biotech and healthcare industries. Laura Board. Follow. Lou Whiteman. Follow. May 27, 2016 10:36 AM EDT. Get TheStreet Quant Ratings' exclusive 5-page ...Stocks to Watch: Big Lots, Thermo Fisher, FEI, Williams, Energy TransferWall Street Journal (blog)Notable M&A for 5/27: (TMO)/(FEIC) (VRX) (TEX)StreetInsider.comThermo Fisher to Acquire Electron Microscopy Firm FEI for $4.2BGenomeWebOregonLive.com -24/7 Wall St. -Investor's Business Daily -MarketWatchall 67 news articles »
05/27/16 09:00 AMQuiet Open For Stocks; Thermo Fisher Buys FEI For $4.2 Billion - A busy morning of headlines didn't stir much excitement in the stock market Friday, although a couple of IBD 50 names jumped after reporting strong earnings.
05/27/16 08:56 AMUPDATE 2-Thermo Fisher to buy microscope maker FEI Co for about $4.2 bln - * FEI shares trade just below offer price (Adds background)
05/27/16 08:25 AMThermo Fisher to buy microscope maker FEI Co for about $4.2 billion - (Reuters) - Thermo Fisher Scientific Inc , the world's largest maker of scientific instruments, said it would buy FEI Co for about $4.2 billion to gain access to the company's electron microscopy...
05/27/16 08:23 AMThermo Fisher to buy microscope maker FEI Co for about $4.2 billion - Reuters - Bidness ETCThermo Fisher to buy microscope maker FEI Co for about $4.2 billionReutersThermo Fisher Scientific Inc (TMO.N), the world's largest maker of scientific instruments, said it would buy FEI Co (FEIC.O) for about $4.2 billion to gain access to the company's electron microscopy technology that helps study proteins. The $107.50 ...First-Quarter GDP Revised Upward; Futures Indicate Higher OpeningTheStreet.comThermo Fisher Scientific to Buy FEI for $4.2 BillionWall Street JournalThermo Fisher Scientific To Buy FEI For About $4.2 BlnNasdaqBidness ETC -StreetInsider.com -Boston Business Journal (blog) -FoodQualityNews.comall 17 news articles »

Social

About FEI

FEI logoFEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics. It designs, manufactures and supports the range of microscopy workflows. Its products include transmission electron microscopes (TEMs), which offer an integrated and automated operation; scanning electron microscopes (SEMs), which are used for inspecting topographies of materials; DualBeam systems, which provide solution for three-dimensional microscopy and analysis, and focused ion beam (FIB).

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Exchange: NASDAQ
  • Symbol: FEIC
  • CUSIP: 30241L10
Key Metrics:
  • Previous Close: $106.30
  • 50 Day Moving Average: $106.51
  • 200 Day Moving Average: $89.85
  • P/E Ratio: 37.13
  • P/E Growth: 2.19
  • Market Cap: $4.34B
  • Beta: 1.45
  • Current Year EPS Consensus Estimate: $3.62 EPS
  • Next Year EPS Consensus Estimate: $4.16 EPS
Additional Links:
FEI (NASDAQ:FEIC) Chart for Friday, July, 29, 2016