$0.18 EPS Expected for Electro Scientific Industries, Inc. (ESIO)

November 2, 2017 - By Darrin Black


Investors sentiment increased to 2.06 in 2017 Q2. Its up 0.62, from 1.44 in 2017Q1. It is positive, as 9 investors sold Electro Scientific Industries, Inc. shares while 22 reduced holdings. 23 funds opened positions while 41 raised stakes. 22.57 million shares or 0.41% less from 22.67 million shares in 2017Q1 were reported.
California Pub Employees Retirement Systems invested in 67,300 shares. Panagora Asset holds 3,564 shares or 0% of its portfolio. Moreover, Barclays Pcl has 0% invested in Electro Scientific Industries, Inc. (NASDAQ:ESIO). Ls Investment Advsr Ltd Llc reported 894 shares. Wells Fargo Co Mn, a California-based fund reported 249,363 shares. Geode Mgmt Ltd Com holds 0% of its portfolio in Electro Scientific Industries, Inc. (NASDAQ:ESIO) for 317,538 shares. Citigroup Inc reported 41,217 shares or 0% of all its holdings. Legal & General Gru Plc stated it has 61,386 shares. Rhumbline Advisers accumulated 61,869 shares or 0% of the stock. Deutsche Bankshares Ag holds 845,637 shares. Schwab Charles Inv Mgmt Inc accumulated 52,800 shares or 0% of the stock. Natl Bank Of America Corporation De holds 43,813 shares. Walleye Trading Ltd Limited Liability Company has invested 0% of its portfolio in Electro Scientific Industries, Inc. (NASDAQ:ESIO). Teachers Retirement System Of The State Of Kentucky has invested 0% in Electro Scientific Industries, Inc. (NASDAQ:ESIO). Teton Advisors Inc reported 0.12% in Electro Scientific Industries, Inc. (NASDAQ:ESIO).

Since May 11, 2017, it had 0 insider purchases, and 1 sale for $529,694 activity.

Analysts expect Electro Scientific Industries, Inc. (NASDAQ:ESIO) to report $0.18 EPS on November, 7.They anticipate $0.48 EPS change or 160.00 % from last quarter’s $-0.3 EPS. ESIO’s profit would be $5.96M giving it 29.35 P/E if the $0.18 EPS is correct. After having $0.08 EPS previously, Electro Scientific Industries, Inc.’s analysts see 125.00 % EPS growth. About 4.89M shares traded or 855.00% up from the average. Electro Scientific Industries, Inc. (NASDAQ:ESIO) has risen 19.94% since November 2, 2016 and is uptrending. It has outperformed by 3.24% the S&P500.

Electro Scientific Industries, Inc. (NASDAQ:ESIO) Ratings Coverage

Among 2 analysts covering Electro Scientific Industries (NASDAQ:ESIO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Electro Scientific Industries has $14.5 highest and $7.50 lowest target. $13.25’s average target is -37.29% below currents $21.13 stock price. Electro Scientific Industries had 7 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Lake Street with “Buy” on Monday, September 18. The firm has “Buy” rating given on Wednesday, May 11 by Needham. Lake Street initiated Electro Scientific Industries, Inc. (NASDAQ:ESIO) rating on Monday, February 27. Lake Street has “Buy” rating and $7.50 target. The rating was upgraded by Zacks to “Sell” on Tuesday, August 11. Zacks downgraded the stock to “Hold” rating in Monday, August 31 report. The stock of Electro Scientific Industries, Inc. (NASDAQ:ESIO) has “Buy” rating given on Wednesday, February 3 by Needham. Needham upgraded it to “Buy” rating and $1200 target in Thursday, August 3 report.

Electro Scientific Industries, Inc. and its subsidiaries supply laser manufacturing solutions for industries reliant on microtechnologies. The company has market cap of $700.18 million. The Firm operates through two divisions: Component Processing and Micromachining. It currently has negative earnings. The Component Processing segment includes interconnect products, semiconductor products and component products.

More notable recent Electro Scientific Industries, Inc. (NASDAQ:ESIO) news were published by: Seekingalpha.com which released: “Electro Scientific Industries’ (ESIO) CEO Michael Burger on Q4 2017 Results …” on May 10, 2017, also Seekingalpha.com with their article: “Electro Scientific Industries’ (ESIO) CEO Michael Burger on Q1 2018 Results …” published on August 03, 2017, Streetinsider.com published: “Electro Scientific Industries (ESIO) Names Lynne Camp to Board” on September 26, 2017. More interesting news about Electro Scientific Industries, Inc. (NASDAQ:ESIO) were released by: Seekingalpha.com and their article: “Electro Scientific Deserves A Higher Multiple” published on August 21, 2017 as well as Streetinsider.com‘s news article titled: “Electro Scientific Industries (ESIO) Reports on Passing of Board Member John …” with publication date: October 18, 2017.

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