ESIO stock: buy or sell?
February 1st, 2019
Electro Scientific Industries, Inc., together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide.
Should I buy ESIO stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that fits your character as inversor. 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 right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
After marking all time highs on January, Electro Scientific Industries remained steady -0.03% on February to $29.99.
After reaching all time highs on January, Electro Scientific Industries remained steady -0.03% on February to $29.99. Since SMA50d and SMA100d crossed up , ESIO price climbed $0.94 per share (3.24%). Since price and SMA100d lines crossed up , 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.
Electro Scientific Industries shares peaked new all time highs 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 price and SMA20w lines crossed up late October 2018, ESIO climbed $15.24 (103.32%).
ESIO stock price history
ESIO stock went public on January 4th, 2018 with a price of $22.711. Since then, ESIO stock surged a 32.10%, with an average of 32.10% per year. If you had invested $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 targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' ESIO stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price target for Electro Scientific stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareElectro Scientific Industries is reporting earnings for 2018-Q4 on February, with an expected Earnings per Share (EPS) of $0.25. As financial reporting date is approaching, it's recommended to be specially in alert: quarterly earnings report is the trigger of radical price moves. Owning any stock during its earnings reporting date has an implicit risk because of this volatility. , Electro Scientific was in line with the forecasts of the experts and posted an EPS of $0.54 per share. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Electro Scientific Industries annual sales boosted an outstanding 128.47% to $367.88 M USD from $161.02 marked in 2017. In the same way, its profit margin (compared to revenues) skyrocketed to 31.59%, that is $116.22 million. Electro Scientific presents anual results 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 TTM sales up to September 2018 were $420.77 and earnings $157.04 M USD. If we compare this TTM figures with the last reported annuality, we can review Electro Scientific Industries business evolution since March 2018: Annual turnover up to September, compared to lastest yearly report, rocketed a dazzling 14.38%. On the other hand, profit margin (net income/sales) rose at 31.59%.
|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||$184 M||15.88%||$-12.26 M-6.6%||-72.02%|
|2017||$161 M||-12.67%||$-37.41 M-23.2%||205.21%|
|2018||$368 M||128.47%||$116 M31.6%||-410.68%|
|TTM||$421 M||14.38%||$157 M37.3%||35.12%|
Quarterly financial resultsElectro Scientific reported $85.92 million in sales 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 slipped a -8.56% compared to previous quarter when profit margin was 28.15%. When comparing sales to same quarter last year, Electro Scientific Industries sales marked an exceptional growth and climbed a 21.07%. Looking back to recent quarterly results, Electro Scientific posted 2 positive quarters in a row.
|2017-Q1||$50 M||-||$-18 M-35.9%||-|
|2017-Q2||$73 M||45.59%||$3 M4.0%||-116.18%|
|2017-Q3||$71 M||-2.36%||$4 M6.0%||46.90%|
|2017-Q4||$111 M||56.19%||$34 M30.7%||697.49%|
|2018-Q1||$113 M||2.30%||$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 ownershipWhen you are planning to buy a company, it's worth to check its ownership structure.
Electro Scientific 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:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, February 1st, 2019|
|Day range||$29.99 - $30.01|
|Average true range||$0.03|
|50d mov avg||$29.72|
|100d mov avg||$24.90|
|200d mov avg||$22.13|
Electro Scientific performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked as the bechmarking frame for Electro Scientific stock.