A Reversal for Advanced Energy Industries, Inc. (AEIS) Is Not Near. The Stock Reaches All-Time High Today

October 13, 2017 - By Adrian Mccoy

Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.16, from 1.17 in 2017Q1. It is 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.
Piedmont Invest Ltd Limited Liability Company has invested 0.01% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Moreover, Next Group has 0% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Bnp Paribas Arbitrage, New York-based fund reported 13,943 shares. Indexiq Advsrs Ltd Llc stated it has 0.02% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Parkside Bancorp Trust owns 0% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 23 shares. Robeco Institutional Asset Management Bv invested in 0.64% or 1.52M shares. Benjamin F Edwards holds 0.01% or 675 shares. Northwestern Mutual Wealth Mngmt accumulated 105 shares or 0% of the stock. Peak6 L P stated it has 28,415 shares or 0.01% of all its holdings. Putnam Investments Ltd Llc accumulated 50,860 shares. Janney Montgomery Scott Ltd Liability Company holds 0.01% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 16,699 shares. Moreover, Nationwide Fund has 0.01% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Pinebridge L P accumulated 5,240 shares or 0.01% of the stock. Finance Advisers Limited Liability Company reported 0% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Bank Of Montreal Can holds 0.01% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 164,164 shares.

Since May 18, 2017, it had 0 insider buys, and 6 sales for $6.58 million activity. $982,480 worth of Advanced Energy Industries, Inc. (NASDAQ:AEIS) was sold by WASSERMAN YUVAL. On Monday, June 12 Liguori Thomas sold $379,464 worth of Advanced Energy Industries, Inc. (NASDAQ:AEIS) or 5,000 shares. GRADY EDWARD C also sold $480,120 worth of Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Friday, June 2.

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.

Analysts await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to report earnings on October, 30. They expect $1.07 earnings per share, up 46.58 % or $0.34 from last year’s $0.73 per share. AEIS’s profit will be $42.99 million for 20.53 P/E if the $1.07 EPS becomes a reality. After $1.14 actual earnings per share reported by Advanced Energy Industries, Inc. for the previous quarter, Wall Street now forecasts -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. The stock has “Neutral” rating by Citigroup on Wednesday, October 12. The firm earned “Strong-Buy” rating on Thursday, August 6 by Zacks. The company was maintained on Wednesday, February 1 by Dougherty & Company. As per Wednesday, August 5, the company rating was maintained by Needham. Needham maintained the stock with “Buy” rating in Monday, September 18 report. The firm earned “Neutral” rating on Wednesday, April 20 by Bank of America. As per Thursday, January 12, the company rating was maintained by Dougherty & Company. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Buy” rating by Needham on Thursday, September 17. The firm has “Market Perform” rating given on Thursday, July 14 by Raymond James. Dougherty & Company maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) rating on Thursday, October 27. Dougherty & Company has “Buy” rating and $53 target.

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