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 stayed steady 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. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups work for Electro Scientific Industries stock right 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 stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for ESIO stock for the last month.

ESIO stock analysis

Daily outlook

Electro Scientific stayed stable -0.03% to $29.99 after reaching all time highs .

After topping to all time highs , Electro Scientific Industries stayed steady -0.03% to $29.99. , SMA100d and SMA200d crossed up triggering a rise of 1.66%. When ESIO stock price broke up the SMA200d line, it gained $15.06 (100.87%). , ESIO hit a new all time high, pushing higher than tops. Check different trading setups that use ATHs as triggers.

ESIO stock chart (daily)

Weekly outlook

Electro Scientific Industries shares topped new all time highs back again this week, marking to $30.02. Shares closed at $29.99 and stayed steady 0.00% during the week. With this, it's been 5 green weeks in a row, gaining $0.08 or 0.27%.

Since early November 2018 when SMA20w and SMA40w crossed up, ESIO price gained $0.98 per share (3.38%). Since late October 2018 when ESIO stock price broke up the SMA40w line, it gained $15.24 (103.32%).

ESIO stock chart (weekly)

ESIO stock price history

ESIO stock went public on June 18th, 2012 with a price of $11.341. Since then, ESIO stock surged a 164.50%, with an average of 23.50% per year. If you had invested right after ESIO's IPO a $1,000 in ESIO stock in 2012, it would worth $1,645.00 today.

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

ESIO stock historical price chart

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

ESIO stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price forecast for Electro Scientific stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Electro Scientific is reporting earnings for 2018-Q4 , with an expected Earnings per Share (EPS) of $0.25. As reporting day is approaching, it's recommended to be specially on your guard: 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. , Electro Scientific Industries matched the expectations 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

Compared to 2017, last anual revenues report draw an amazing growth of 128.47% to $367.88 million dollars. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) climbed a 54.82% to 31.59%.

Electro Scientific Industries fiscal year ends in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Electro Scientific Industries TTM sales up to September 2018 were $420.77 and income $157.04 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Electro Scientific Industries business evolution since March 2018: Annual turnover up to September, compared to lastest yearly report, climbed an outstanding 14.38%. Improving that, profit margin (net income/revenues) 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 Industries posted $85.92 million in revenues for 2018-Q3, a -22.33% less compared to previous quarter. Reported quarter income marked $16.84 million with a profit margin of 19.59%. Profit margin dropped a -8.56% compared to previous quarter when profit margin was 28.15%. When comparing revenues to same quarter last year, Electro Scientific sales marked an astounding gain and skyrocketed a 21.07%. Looking back to recent quarterly results, Electro Scientific posted 2 negative 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 invest in a stock, it's always worth to check its ownership structure.

Electro Scientific Industries shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

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

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 better understand Electro Scientific performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Electro Scientific against in the following table:
Stock3m6m12m
ESIOElectro Scientifi...3.38%33.35%52.93%

Electro Scientific competitors

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