Analyst Ratings for Advanced Energy Industries Inc. (AEIS)Updated: 2017-07-27
Advanced Energy Industries Inc. (NASDAQ:AEIS) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for AEIS last month.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for AEIS by the analysts covering the stock. The most optimistic price target was 88, which equates to a potential upside of 16.31 percent. The minimum price target given was 62, which equates to a potential downside of -18.05 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.95 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 13.42 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.55 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 11.79 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of AEIS to grow at a rate of 4.54 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AEIS is 4.67.
In the trailing 52-weeks, AEIS hit 86.25 at the highest peak, while it's lowest trading point was 39.25. Currently the stock is 92.76 percent higher than its low, and 12.28 percent below the high. AEIS has a price/earnings ratio of 21.2. Investors typically compare the P/E ratio to a company's peers in the industry. The AEIS value stock report compares AEIS to some of its peers using value stock charts. The stock has a market capitalization of $3 billion. AEIS's next earnings release will be on 0000-00-00, which is days away.