Analysts predict that Advanced Energy Industries, Inc. (NASDAQ:AEIS) will announce earnings of $1.32 per share for the current quarter, according to Zacks. Four analysts have made estimates for Advanced Energy Industries’ earnings, with estimates ranging from $1.30 to $1.33. Advanced Energy Industries reported earnings of $1.04 per share during the same quarter last year, which would indicate a positive year over year growth rate of 26.9%. The business is scheduled to report its next earnings results on Monday, May 7th.

On average, analysts expect that Advanced Energy Industries will report full-year earnings of $5.17 per share for the current fiscal year, with EPS estimates ranging from $5.10 to $5.22. For the next financial year, analysts expect that the business will post earnings of $5.41 per share, with EPS estimates ranging from $5.26 to $5.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Advanced Energy Industries.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Tuesday, January 30th. The electronics maker reported $1.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.09. The firm had revenue of $179.21 million for the quarter, compared to the consensus estimate of $177.07 million. Advanced Energy Industries had a net margin of 20.55% and a return on equity of 35.06%. The company’s revenue was up 32.4% on a year-over-year basis. During the same period last year, the firm earned $1.06 EPS.

AEIS has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Thursday, January 11th. BidaskClub downgraded shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. ValuEngine downgraded shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a report on Friday, October 27th. Finally, KeyCorp reiterated a “hold” rating on shares of Advanced Energy Industries in a report on Sunday, October 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $84.60.

In other Advanced Energy Industries news, Director Grant H. Beard sold 10,000 shares of Advanced Energy Industries stock in a transaction on Friday, December 8th. The shares were sold at an average price of $71.86, for a total value of $718,600.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.13% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameritas Investment Partners Inc. increased its holdings in shares of Advanced Energy Industries by 2.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,487 shares of the electronics maker’s stock worth $225,000 after buying an additional 75 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Advanced Energy Industries by 0.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 30,325 shares of the electronics maker’s stock worth $1,962,000 after buying an additional 174 shares during the last quarter. Advisory Services Network LLC increased its holdings in shares of Advanced Energy Industries by 9.5% in the 2nd quarter. Advisory Services Network LLC now owns 2,161 shares of the electronics maker’s stock worth $140,000 after buying an additional 187 shares during the last quarter. UBS Asset Management Americas Inc. increased its holdings in shares of Advanced Energy Industries by 1.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 24,184 shares of the electronics maker’s stock worth $1,564,000 after buying an additional 399 shares during the last quarter. Finally, Advisor Group Inc. increased its holdings in shares of Advanced Energy Industries by 10.6% in the 2nd quarter. Advisor Group Inc. now owns 4,516 shares of the electronics maker’s stock worth $291,000 after buying an additional 434 shares during the last quarter. Institutional investors own 93.22% of the company’s stock.

Shares of Advanced Energy Industries (NASDAQ AEIS) opened at $64.50 on Friday. The stock has a market cap of $2,557.90, a price-to-earnings ratio of 18.91, a price-to-earnings-growth ratio of 1.51 and a beta of 1.24. Advanced Energy Industries has a fifty-two week low of $60.84 and a fifty-two week high of $95.00.

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About Advanced Energy Industries

Advanced Energy Industries, Inc is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement.

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Earnings History and Estimates for Advanced Energy Industries (NASDAQ:AEIS)

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