Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Advanced Energy Industries Inc. (NASDAQ: AEIS) weakened during the last several trading days. AEIS’ current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 7/29/24, Advanced Energy Industries Inc. (NASDAQ: AEIS) stock rose slightly by 0.1%, closing at $110.14. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
AEIS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Advanced Energy Industries has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Advanced Energy Industries has a neutral Power Rating of 43 and a neutral Appreciation Score of 42, and the Negative Value Trend Rating results.
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