Advanced Energy Industries Inc. (NASDAQ:AEIS) previous close was $62.81 while the outstanding shares total 38.36M. The firm has a beta of 1.57, a 12-month trailing P/E ratio of 42.34, and a growth ratio of 4.23. AEIS’s shares traded higher over the last trading session, gaining 4.08% on 06/29/20. The shares fell to a low of $62.63 before closing at $65.37. Intraday shares traded counted 0.27 million, which was 7.11% higher than its 30-day average trading volume of 296.01K. The stock’s Relative Strength Index (RSI) is 50.99, with weekly volatility at 4.31% and ATR at 2.86. The AEIS stock’s 52-week price range has touched low of $33.38 and a $78.49 high.
Investors have identified the Electrical Equipment & Parts company Advanced Energy Industries Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.63 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Advanced Energy Industries Inc. (AEIS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AEIS, the company has in raw cash 352.54 million on their books with 35.78 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 861225000 million total, with 303774000 million as their total liabilities.
AEIS were able to record 22.39 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 6.1 million. In cash movements, the company had a total of 28.52 million as operating cash flow.
Potential earnings growth for Advanced Energy Industries Inc. (AEIS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Advanced Energy Industries Inc. recorded a total of 315.46 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 55.38% coming in sequential stages and their sales for the third quarter reducing by -7.23%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 203.22 million trying to sell their products during the last quarter, with the result yielding a gross income of 112.23 million. This allows shareholders to hold on to 38.36M with the revenue now reading -0.01 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.58 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.30 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AEIS sounds very interesting.
Is the stock of AEIS attractive?
In related news, Director, Donikowski Tina sold 6,000 shares of the company’s stock in a transaction that recorded on Jun 08. The sale was performed at an average price of 71.71, for a total value of 430,281. As the sale deal closes, the EVP & Gen Counsel, MCGIMPSEY THOMAS O now sold 4,749 shares of the company’s stock, valued at 356,175. Also, EVP & Gen Counsel, MCGIMPSEY THOMAS O sold 5,251 shares of the company’s stock in a deal that was recorded on Jun 03. The shares were price at an average price of 70.00 per share, with a total market value of 367,570. Following this completion of acquisition, the President & CEO, WASSERMAN YUVAL now holds 10,000 shares of the company’s stock, valued at 604,496. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.
2 out of 8 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Advanced Energy Industries Inc.. 0 analysts has assigned a Sell rating on the AEIS stock. The 12-month mean consensus price target for the company’s shares has been set at $65.57.