ESIO stock: buy or sell?

ESIO stock price: $29.99 -0.03% At close on February 1st, 2019

Updated on:
February 1st, 2019

4

After yesterday all time highs, Electro Scientific Industries stayed constant to $29.99.

Electro Scientific Industries, Inc., together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide.

Should I buy ESIO stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups are elegible for Electro Scientific stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Electro Scientific Industries stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for ESIO stock for the last 30 days.

ESIO stock analysis

Daily outlook

After marking all time highs on January, Electro Scientific stayed constant -0.03% to $29.99.

Electro Scientific stayed steady -0.03% to $29.99 after yesterday all time highs. On November, SMA50d and SMA100d crossed up triggering a rise of 3.24%. Since price and SMA100d lines crossed up on October, ESIO climbed $15.06 (100.87%). On January, ESIO hit a new all time high, pushing higher than on January tops. Check different trading setups that use ATHs as triggers.

ESIO stock chart (daily)

Weekly outlook

Electro Scientific Industries topped new all time highs back again this week, setting highs to $30.02. Shares ended at $29.99 and remained stable 0.00% during the week. For 5 weeks in a row, price soared and marked a profit of 0.27%.

Since price and SMA20w lines crossed up late October 2018, ESIO climbed $15.24 (103.32%).

ESIO stock chart (weekly)

ESIO stock price history

ESIO IPO was on January 4th, 2018 at $22.71 per share1. Since then, ESIO stock surged a 32.10%, with an average of 32.10% per year. If you had invested right after ESIO's IPO a $1,000 in ESIO stock in 2018, it would worth $321.00 today.

1: Adjusted price after possible price splits or reverse-splits.

ESIO stock historical price chart

ESIO stock reached all-time highs on January with a price of $30.02.

ESIO stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for Electro Scientific Industries stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Electro Scientific will present its financial report on February. Analysts expect an Earnings per Share (EPS) ratio of $0.25. As reporting date is near, it's recommended to be specially on the lookout: quarterly earnings report is the trigger of stark price moves. Owning any stock during its earnings reporting date has an implicit risk because of this volatility. On October, Electro Scientific was in line with the estimates of the analysts and posted an EPS of $0.54 per share. Unfortunately, reported EPS is not yet available in our database.
ESIO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.25n/a
2017-Q2-n/a0.12n/a
2017-Q32017-11-010.270.3944.4%
2017-Q42018-01-310.830.9919.3%
2018-Q12018-05-080.830.9919.3%
2018-Q22018-08-010.820.9212.2%
2018-Q32018-10-300.530.541.9%
2018-Q42019-02-060.25n/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Electro Scientific Industries annual sales climbed an astounding 128.47% to $367.88 million dollars from $161.02 marked in 2017. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) rocketed a 54.82% to 31.59%.

To have an updated picture of the financial situation of Electro Scientific, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2018 fiscal year results. Annual Electro Scientific TTM sales up to September 2018 were $420.77 and earnings were $157.04 M USD. When comparing this TTM figures with the last reported annuality, we can review Electro Scientific business evolution since March 2018: Annual revenues up to September, compared to lastest yearly report, rocketed a dazzling 14.38%. Nonetheless, profit margin (net income/sales) jumped at 31.59%.

ESIO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$217 M-$-54.72 M-25.3%-
2014$181 M-16.37%$-38.33 M-21.2%-29.95%
2015$159 M-12.17%$-43.81 M-27.5%14.30%
2016$184 M15.88%$-12.26 M-6.6%-72.02%
2017$161 M-12.67%$-37.41 M-23.2%205.21%
2018$368 M128.47%$116 M31.6%-410.68%
TTM $421 M14.38%$157 M37.3%35.12%

Quarterly financial results

Electro Scientific posted $85.92 million in revenues for 2018-Q3, a -22.33% decline compared to previous quarter. Reported quarter income marked $16.84 million with a profit margin of 19.59%. Profit margin fell a -8.56% compared to previous quarter when profit margin was 28.15%. When comparing revenues to same quarter last year, Electro Scientific Industries sales marked an amazing growth and boosted a 21.07%. Looking back to recent quarterly results, Electro Scientific posted 2 positive quarters in a row.
ESIO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$50 M-$-18 M-35.9%-
2017-Q2$73 M45.59%$3 M4.0%-116.18%
2017-Q3$71 M-2.36%$4 M6.0%46.90%
2017-Q4$111 M56.19%$34 M30.7%697.49%
2018-Q1$113 M2.30%$75 M66.2%121.02%
2018-Q2$111 M-2.44%$31 M28.2%-58.52%
2018-Q3$86 M-22.33%$17 M19.6%-45.94%
2018-Q4$68 M-20.92%$6 M9.3%-62.34%

Electro Scientific ownership

When you are planning to buy shares of a stock, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Electro Scientific Industries, of all outstanding shares are owned by its staff.

The following table compares ownership indicators for other stocks related to Electro Scientific:

ESIO
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

ESIO summary

Friday, February 1st, 2019
Open$29.99
Close$29.99
Day range$29.99 - $30.01
Previous close$30.00
Session gain-0.03%
Average true range$0.03
50d mov avg$29.72
100d mov avg$24.90
200d mov avg$22.13
Daily pattern
Weekly pattern

Electro Scientific performance

To measure stock performance is always good to compare with competitors or related stocks. For Electro Scientific, the comparison is made against .
Stock3m6m12m
ESIOElectro Scientifi...3.38%33.35%0.00%

Electro Scientific competitors

Unfortunately, we could not find any public company that could be defined as Electro Scientific competitor. This doesn't mean Electro Scientific does not have any competitor in the market, it's just we could not detected it.