Advanced Energy Industries, Inc. (NASDAQ:AEIS) Given Average Rating of "Moderate Buy" by Analysts

Advanced Energy Industries, Inc. (NASDAQ:AEIS - Get Free Report) has earned an average recommendation of "Moderate Buy" from the ten brokerages that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $124.67.

Several equities research analysts recently weighed in on AEIS shares. Stifel Nicolaus reaffirmed a "buy" rating and set a $130.00 price target (down from $135.00) on shares of Advanced Energy Industries in a report on Thursday, May 1st. Citigroup raised their target price on shares of Advanced Energy Industries from $138.00 to $140.00 and gave the stock a "buy" rating in a research note on Monday, May 5th. Wells Fargo & Company dropped their price target on shares of Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 13th. Robert W. Baird raised their price objective on shares of Advanced Energy Industries from $124.00 to $132.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Finally, StockNews.com raised Advanced Energy Industries from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 19,309 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $111.61, for a total value of $2,155,077.49. Following the sale, the chief operating officer now owns 19,822 shares of the company's stock, valued at $2,212,333.42. This represents a 49.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lanesha Minnix sold 1,600 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $129.37, for a total transaction of $206,992.00. Following the completion of the sale, the director now owns 3,492 shares in the company, valued at $451,760.04. This represents a 31.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC increased its position in Advanced Energy Industries by 22.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,065 shares of the electronics maker's stock worth $323,000 after buying an additional 569 shares in the last quarter. Park Avenue Securities LLC increased its position in Advanced Energy Industries by 17.7% during the 4th quarter. Park Avenue Securities LLC now owns 3,853 shares of the electronics maker's stock worth $446,000 after purchasing an additional 580 shares in the last quarter. Heritage Family Offices LLP increased its position 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 worth $233,000 after purchasing an additional 116 shares in the last quarter. Integrated Investment Consultants LLC raised its stake in Advanced Energy Industries by 2.2% in 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. Finally, Fort Washington Investment Advisors Inc. OH lifted its holdings in Advanced Energy Industries by 10.2% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 139,556 shares of the electronics maker's stock valued at $16,137,000 after purchasing an additional 12,860 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Trading Down 0.5%

Shares of Advanced Energy Industries stock opened at $118.15 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 3.27 and a current ratio of 4.42. The company has a market capitalization of $4.45 billion, a P/E ratio of 82.62, a PEG ratio of 1.39 and a beta of 1.50. Advanced Energy Industries has a 1 year low of $75.01 and a 1 year high of $132.16. The company's fifty day moving average is $99.46 and its two-hundred day moving average is $110.54.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The electronics maker reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.26. The firm had revenue of $404.60 million for the quarter, compared to analyst estimates of $392.36 million. Advanced Energy Industries had a return on equity of 8.90% and a net margin of 3.66%. The business's revenue was up 23.5% on a year-over-year basis. During the same quarter last year, the company posted $0.58 earnings per share. Analysts forecast that Advanced Energy Industries will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Monday, May 26th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend is Friday, May 23rd. Advanced Energy Industries's dividend payout ratio is currently 20.62%.

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.

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