Advanced Energy Industries, Inc. (NASDAQ:AEIS) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Advanced Energy Industries, with 11 buy ratings, two holds and one strong buy. The average 12-month price target is $409.50, well above the stock’s reported $274.30 price.
• Advanced Energy reported strong quarterly results, posting EPS of $2.74 versus the $2.21 estimate and revenue of $574.1 million, up 30% year over year. Management guided to third-quarter EPS of $2.75–$3.25.
• Company insiders sold 26,586 shares worth approximately $8.38 million over the past 90 days, while institutional investors own 99.67% of the stock. The company also declared a quarterly dividend of $0.10 per share.

Advanced Energy Industries, Inc. (NASDAQ:AEIS - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the fourteen analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $409.50.

A number of equities research analysts have issued reports on the stock. Needham & Company LLC reissued a "buy" rating and set a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Bank of America lifted their price target on Advanced Energy Industries from $430.00 to $450.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. Morgan Stanley boosted their price objective on Advanced Energy Industries from $421.00 to $439.00 and gave the company an "overweight" rating in a research note on Tuesday, August 4th. Wells Fargo & Company raised Advanced Energy Industries from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $345.00 to $465.00 in a report on Wednesday, July 1st. Finally, Susquehanna raised their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a "positive" rating in a research note on Tuesday, June 30th.

Insider Buying and Selling

In related news, COO Eduardo Acebedo sold 24,771 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, the chief operating officer owned 23,109 shares of the company's stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Elizabeth Vonne sold 908 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the sale, the executive vice president owned 10,712 shares in the company, valued at $3,563,668.16. This represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,586 shares of company stock valued at $8,379,904 over the last 90 days. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AEIS. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Advanced Energy Industries during the second quarter valued at $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in Advanced Energy Industries in the 1st quarter worth about $29,000. Root Financial Partners LLC raised its holdings in shares of Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker's stock valued at $35,000 after acquiring an additional 27 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter valued at about $42,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Advanced Energy Industries during the 4th quarter valued at about $25,000. Institutional investors own 99.67% of the company's stock.

Advanced Energy Industries Price Performance

Shares of NASDAQ AEIS opened at $274.30 on Friday. The stock has a fifty day simple moving average of $304.11 and a two-hundred day simple moving average of $326.39. Advanced Energy Industries has a 1-year low of $145.51 and a 1-year high of $397.44. The firm has a market cap of $10.99 billion, a price-to-earnings ratio of 51.18 and a beta of 1.31. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same period in the previous year, the company posted $1.50 earnings per share. The business's revenue was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Analysts anticipate that Advanced Energy Industries will post 9.5 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, September 4th. Stockholders of record on Monday, August 24th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries's dividend payout ratio is presently 7.46%.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source