26-Jul-2024
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Advanced Energy Announces Second Quarter 2024 Earnings Date on July 30
Business Wire (Wed, 17-Jul 6:00 AM ET)
Business Wire (Tue, 25-Jun 10:00 AM ET)
Advanced Energy Acquires Airity Technologies
Business Wire (Mon, 24-Jun 6:00 AM ET)
Advanced Energy Announces No Intention to Make an Offer for XP Power Limited
Business Wire (Tue, 18-Jun 2:00 AM ET)
Advanced Energy Unveils Recipients of 2024 STEM Scholarship Program
Business Wire (Thu, 6-Jun 11:00 AM ET)
Advanced Energy Announces Possible All-Cash Offer to Acquire XP Power Limited
Business Wire (Tue, 21-May 2:00 AM ET)
Advanced Energy to Participate at Upcoming Investor Conferences
Business Wire (Fri, 10-May 6:00 AM ET)
Advanced Energy Reports First Quarter 2024 Results
Business Wire (Wed, 1-May 4:05 PM ET)
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Advanced Energy Industries trades on the NASDAQ stock market under the symbol AEIS.
As of July 26, 2024, AEIS stock price climbed to $110.01 with 195,889 million shares trading.
AEIS has a beta of 1.74, meaning it tends to be more sensitive to market movements. AEIS has a correlation of 0.41 to the broad based SPY ETF.
AEIS has a market cap of $4.11 billion. This is considered a Mid Cap stock.
Last quarter Advanced Energy Industries reported $327 million in Revenue and $.58 earnings per share. This fell short of revenue expectation by $-24 million and missed earnings estimates by -$.09.
In the last 3 years, AEIS stock traded as high as $126.38 and as low as $67.55.
The top ETF exchange traded funds that AEIS belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.
AEIS has underperformed the market in the last year with a price return of -6.1% while the SPY ETF gained +21.0%. However, in the short term, AEIS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.4% vs +8.5% return in SPY. But in the last 2 weeks, AEIS shares have been beat by the market, returning -3.3% compared to an SPY return of -2.2%.
AEIS support price is $105.98 and resistance is $111.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AEIS stock will trade within this expected range on the day.