Advanced Energy Industries, Inc. (AEIS) Surges to All-Time High, Is Now Top Performer

October 13, 2017 - By Clifton Ray

Investors sentiment decreased to 1.01 in Q2 2017. Its down 0.16, from 1.17 in 2017Q1. It turned negative, as 24 investors sold Advanced Energy Industries, Inc. shares while 103 reduced holdings. 49 funds opened positions while 79 raised stakes. 36.68 million shares or 0.12% more from 36.63 million shares in 2017Q1 were reported.
13,021 were reported by Hancock Holding. Northern has 897,325 shares for 0.02% of their portfolio. Zacks Invest Mngmt accumulated 19,295 shares. Goldman Sachs Gru accumulated 202,020 shares. Ameriprise Fincl Incorporated, Minnesota-based fund reported 236,201 shares. Texas-based United Services Automobile Association has invested 0.01% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Credit Suisse Ag accumulated 41,284 shares or 0% of the stock. 19,652 are held by Sei. North Star Invest Management reported 100 shares. Hbk Investments Limited Partnership reported 56,400 shares or 0.03% of all its holdings. Citigroup owns 44,048 shares for 0% of their portfolio. Fiera Cap Corporation owns 536,438 shares for 0.17% of their portfolio. Alliancebernstein Lp holds 673,966 shares or 0.03% of its portfolio. Proshare Ltd accumulated 4,103 shares. Janney Montgomery Scott Ltd Liability Co stated it has 16,699 shares or 0.01% of all its holdings.

Since May 18, 2017, it had 0 buys, and 6 selling transactions for $6.58 million activity. Liguori Thomas sold $379,464 worth of stock or 5,000 shares. 12,281 shares were sold by WASSERMAN YUVAL, worth $982,480 on Tuesday, June 13. 29,772 shares were sold by MCGIMPSEY THOMAS O, worth $2.29M on Thursday, May 25.

The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) reached all time high today, Oct, 13 and still has $94.88 target or 8.00 % above today’s $87.85 share price. This indicates more upside for the $3.53B company. This technical setup was reported by Barchart.com. If the $94.88 PT is reached, the company will be worth $282.40 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

About 386,533 shares traded or 12.35% up from the average. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has risen 125.79% since October 13, 2016 and is uptrending. It has outperformed by 109.09% the S&P500.

Wall Street await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to release earnings on October, 30. Analysts forecast EPS of $1.07, up exactly $0.34 or 46.58 % from 2014’s $0.73 EPS. The expected AEIS’s profit could reach $42.99M giving the stock 20.53 P/E in the case that $1.07 earnings per share is reported. After posting $1.14 EPS for the previous quarter, Advanced Energy Industries, Inc.’s analysts now forecast -6.14 % negative EPS growth.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Ratings Coverage

Among 8 analysts covering Advanced Energy Industries Inc. (NASDAQ:AEIS), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Advanced Energy Industries Inc. had 19 analyst reports since August 5, 2015 according to SRatingsIntel. Pacific Crest reinitiated the stock with “Sector Weight” rating in Monday, January 4 report. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) has “Market Perform” rating given on Thursday, July 14 by Raymond James. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) has “Buy” rating given on Thursday, October 27 by Dougherty & Company. The rating was downgraded by Raymond James on Tuesday, January 5 to “Outperform”. The firm has “Buy” rating by Needham given on Wednesday, August 5. The company was maintained on Wednesday, February 1 by Needham. Needham upgraded the stock to “Buy” rating in Thursday, January 5 report. Needham downgraded the stock to “Hold” rating in Monday, April 18 report. Dougherty & Company maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Thursday, January 12 with “Buy” rating. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Strong-Buy” rating by Zacks on Thursday, August 6.

More notable recent Advanced Energy Industries, Inc. (NASDAQ:AEIS) news were published by: Seekingalpha.com which released: “Advanced Energy Industries – Too Expensive” on August 11, 2017, also Seekingalpha.com with their article: “Advanced Energy Acquires Excelsys Holdings For Power Tech” published on July 06, 2017, Prnewswire.com published: “Daily Technical Summary Reports on Electronics Stocks — Advanced Energy …” on October 11, 2017. More interesting news about Advanced Energy Industries, Inc. (NASDAQ:AEIS) were released by: Seekingalpha.com and their article: “The Good Times Get Better For Advanced Energy Industries” published on April 26, 2017 as well as Seekingalpha.com‘s news article titled: “Advanced Energy Industries’ (AEIS) CEO Yuval Wasserman on Q1 2017 Results …” with publication date: May 02, 2017.

Advanced Energy Industries, Inc. is a well-known provider of engineered, precision power conversion, measurement and control solutions. The company has market cap of $3.53 billion. The Firm 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. It has a 23.52 P/E ratio. It also provides repair and maintenance services for all of its products.

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