Press coverage about Electro Scientific Industries (NASDAQ:ESIO) has been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Electro Scientific Industries earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 46.4395984307952 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Is Electro Scientific Industries Inc (NASDAQ:ESIO) A Financially Sound Company? (finance.yahoo.com)
- Spectrum Brands, Inc. Common Stock (SPB) vs. Electro Scientific Industries (ESIO) Financial Survey (americanbankingnews.com)
- 50 days simple moving average (SMA50) in Focus: Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL), RR Donnelley & Sons … (stocksnewspoint.com)
- Today’s Free Research Reports Coverage on Analog Devices and Three More Semiconductor – Integrated Circuits Stocks (finance.yahoo.com)
Shares of Electro Scientific Industries stock traded up $0.57 during trading on Tuesday, reaching $16.76. The company’s stock had a trading volume of 611,000 shares, compared to its average volume of 990,668. The stock has a market capitalization of $572.27 million, a price-to-earnings ratio of 6.25, a PEG ratio of 0.63 and a beta of 0.96. Electro Scientific Industries has a fifty-two week low of $7.50 and a fifty-two week high of $27.72. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.49 and a quick ratio of 2.41.
Electro Scientific Industries (NASDAQ:ESIO) last announced its earnings results on Tuesday, May 8th. The semiconductor company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.15. The business had revenue of $113.39 million for the quarter, compared to analysts’ expectations of $103.53 million. Electro Scientific Industries had a net margin of 31.59% and a return on equity of 40.37%. The company’s quarterly revenue was up 127.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.09 EPS. analysts anticipate that Electro Scientific Industries will post 2.23 earnings per share for the current year.
A number of research firms have weighed in on ESIO. BidaskClub cut shares of Electro Scientific Industries from a “hold” rating to a “sell” rating in a report on Friday. Lake Street Capital set a $30.00 price objective on shares of Electro Scientific Industries and gave the stock a “buy” rating in a report on Thursday, March 22nd. Zacks Investment Research raised shares of Electro Scientific Industries from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a report on Wednesday, June 6th. ValuEngine cut shares of Electro Scientific Industries from a “buy” rating to a “hold” rating in a report on Friday, June 8th. Finally, Stifel Nicolaus raised their price objective on shares of Electro Scientific Industries from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, May 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $31.40.
Electro Scientific Industries Company Profile
Electro Scientific Industries, Inc, together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide. It provides printed circuit boards, including laser via drilling systems for electrical interconnect applications; micro via drilling technology that addresses the changing applications in integrated circuit packages, multichip modules, and high density interconnect circuit boards; and ultraviolet laser processing systems comprising single-beam and multi-beam systems.
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