Advanced Energy Industries (NASDAQ:AEIS) Upgraded by Zacks Research to Strong-Buy Rating

Key Points

• Zacks Research has upgraded Advanced Energy Industries (NASDAQ:AEIS) from a "hold" to a "strong-buy" rating, indicating increased investor confidence.
• Multiple analysts have raised their price targets for AEIS, with estimates ranging from $130.00 to $180.00, which suggests potential upside for investors.
• In its latest earnings report, Advanced Energy Industries exceeded estimates with $1.50 earnings per share, boosting revenue by 21% year-over-year.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Wednesday, September 10th,Zacks.com reports.

AEIS has been the topic of a number of other reports. TD Cowen boosted their target price on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. KeyCorp upped their price objective on Advanced Energy Industries from $160.00 to $180.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Stifel Nicolaus set a $150.00 target price on Advanced Energy Industries and gave the stock a "buy" rating in a report on Monday, August 4th. Benchmark boosted their target price on Advanced Energy Industries from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Finally, Needham & Company LLC raised their price target on Advanced Energy Industries from $135.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $140.90.

Advanced Energy Industries Price Performance

NASDAQ AEIS traded down $1.12 during trading on Wednesday, hitting $156.92. 90,706 shares of the stock traded hands, compared to its average volume of 352,650. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45. Advanced Energy Industries has a 12-month low of $75.01 and a 12-month high of $163.07. The firm has a 50-day simple moving average of $148.16 and a 200-day simple moving average of $123.38. The company has a market capitalization of $5.92 billion, a P/E ratio of 71.00, a price-to-earnings-growth ratio of 1.24 and a beta of 1.57.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.22. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The business had revenue of $441.50 million for the quarter, compared to analysts' expectations of $421.32 million. During the same period in the prior year, the firm earned $0.85 EPS. The company's revenue for the quarter was up 21.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. As a group, analysts predict that Advanced Energy Industries will post 3.66 EPS for the current year.

Insiders Place Their Bets

In other news, EVP John Donaghey sold 2,000 shares of the business's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $140.00, for a total value of $280,000.00. Following the completion of the transaction, the executive vice president directly owned 11,029 shares of the company's stock, valued at approximately $1,544,060. The trade was a 15.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Paul R. Oldham sold 1,173 shares of the company's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $131.29, for a total value of $154,003.17. Following the sale, the executive vice president owned 31,006 shares of the company's stock, valued at $4,070,777.74. This trade represents a 3.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,173 shares of company stock worth $594,733 over the last quarter. Company insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Osaic Holdings Inc. boosted its stake in Advanced Energy Industries by 43.1% in the second quarter. Osaic Holdings Inc. now owns 3,738 shares of the electronics maker's stock valued at $495,000 after acquiring an additional 1,125 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of Advanced Energy Industries by 62.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 8,884 shares of the electronics maker's stock worth $1,177,000 after purchasing an additional 3,406 shares in the last quarter. Squarepoint Ops LLC grew its stake in Advanced Energy Industries by 998.7% during the 2nd quarter. Squarepoint Ops LLC now owns 61,294 shares of the electronics maker's stock worth $8,121,000 after buying an additional 55,715 shares during the last quarter. Cim Investment Management Inc. increased its position in Advanced Energy Industries by 100.7% during the 2nd quarter. Cim Investment Management Inc. now owns 5,966 shares of the electronics maker's stock valued at $739,000 after buying an additional 2,994 shares in the last quarter. Finally, Nomura Holdings Inc. purchased a new stake in Advanced Energy Industries in the second quarter valued at about $1,740,000. Institutional investors own 99.67% of the company's stock.

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.