Advanced Energy is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE's power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted more than three decades to perfecting power for its global customers and is headquartered in Denver, Colorado, USA.

Company profile
Ticker
AEIS
Exchange
Website
CEO
Yuval Wasserman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Advanced Energy Industries (Shenzhen) Co., Ltd. • Advanced Energy Industries • Advanced Energy Industries GmbH • Advanced Energy Industries Limited • Advanced Energy • Advanced Energy Services Pte. Ltd. • AE Korea, Ltd. • AE Power Singapore Pte Ltd. • AEI Canada, Inc. • AEI Finance GmbH ...
IRS number
840846841
AEIS stock data
News

Advanced Energy Industries Earnings Perspective: Return On Invested Capital
9 Aug 22
Analyst Ratings for Advanced Energy Indus
4 Aug 22
Needham Maintains Buy on Advanced Energy Indus, Raises Price Target to $105
4 Aug 22
Raymond James Maintains Outperform on Advanced Energy Indus, Raises Price Target to $105
4 Aug 22
Advanced Energy Indus Q2 EPS $1.44 Beats $1.11 Estimate, Sales $440.90M Beat $401.58M Estimate
3 Aug 22
Press releases
Advanced Energy to Participate at Upcoming Investor Conferences
5 Aug 22
Advanced Energy Announces Second Quarter 2022 Results and Increased Share Repurchase Authorization
3 Aug 22
Advanced Energy Declares Quarterly Cash Dividend
1 Aug 22
Advanced Energy Expands High Accuracy Temperature Monitoring Portfolio with New Luxtron® FluorOptic® Sensing Platform
11 Jul 22
Advanced Energy to Report Second Quarter 2022 Results on August 3
11 Jul 22
Analyst ratings and price targets
Current price
Average target
$96.00
Low target
$78.00
High target
$105.00
Needham
Maintains
$105.00
Raymond James
Maintains
$105.00
Loop Capital
Initiated
$78.00
Investment data
Securities sold
Number of investors
Calendar
3 Aug 22
12 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 372.69M | 372.69M | 372.69M | 372.69M | 372.69M | 372.69M |
Cash burn (monthly) | 49.52M | 11.21M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 72.09M | 16.32M | n/a | n/a | n/a | n/a |
Cash remaining | 300.6M | 356.37M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 6.1 | 31.8 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Aug 22 | Paul R Oldham | Common Stock | Payment of exercise | Dispose F | No | No | 94.11 | 639 | 60.14K | 29,178 |
4 Aug 22 | Paul R Oldham | Common Stock | Grant | Acquire A | No | No | 94.11 | 1,808 | 170.15K | 29,817 |
2 Aug 22 | John Donaghey | Common Stock | Payment of exercise | Dispose F | No | No | 90.1 | 338 | 30.45K | 8,215 |
15 Jun 22 | Brian Shirley | Common Stock | Grant | Acquire A | No | No | 0 | 2,468 | 0 | 2,468 |
Institutional ownership, Q1 2022
99.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 264 |
Opened positions | 29 |
Closed positions | 34 |
Increased positions | 108 |
Reduced positions | 95 |
13F shares | Current |
---|---|
Total value | 3.19B |
Total shares | 37.05M |
Total puts | 24.1K |
Total calls | 24.8K |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.65M | $486.34M |
Vanguard | 4.15M | $357.53M |
AMP Ameriprise Financial | 2.93M | $252.39M |
Victory Capital Management | 2.12M | $182.69M |
STT State Street | 1.86M | $159.76M |
FMR | 1.69M | $145.88M |
Earnest Partners | 1.47M | $126.48M |
ATAC Neuberger Berman | 944.2K | $81.28M |
Dimensional Fund Advisors | 837.47K | $72.09M |
Massachusetts Financial Services | 826.73K | $71.17M |
Financial report summary
?Management Discussion
- Sales increased $40.1 million, or 2.8%, to $1,456.0 million, as compared to $1,415.8 million in the prior year. The increase in sales was primarily due to increased demand and shipments in the Semiconductor Equipment and Industrial and Medical markets, offset by lower sales from the Data Center Computing market and the Telecom and Networking market. In addition, the first half of 2020 was negatively impacted by factory shutdowns related to COVID-19. Revenues in 2021 were negatively impacted across all of our markets by supply chain shortages for certain IC’s and other components, which limited our ability to ship to our total demand.
- Sales in the Semiconductor Equipment market increased $98.3 million, or 16.1%, to $710.2 million, as compared to $611.9 million in the prior year. The increase in sales during 2021 is primarily due to an overall increase in demand for semiconductor equipment used in deposition and etch applications, increasing power content in semiconductor manufacturing tools, and market share gains in several areas across our portfolio.
- Sales to the Industrial and Medical market increased $27.5 million, or 8.8%, to $341.2 million, as compared to $313.6 million in the prior year. Our customers in this market are primarily global and regional original equipment and device manufacturers. The increase in sales year to date was primarily due to improving macroeconomic conditions and the continued recovery from the COVID-19 pandemic driving stronger demand.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Good
|
New words:
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Financial reports
Current reports
8-K
Advanced Energy Announces Second Quarter 2022 Results and Increased Share Repurchase Authorization
3 Aug 22
8-K
Advanced Energy Appoints Brian Shirley to Board of Directors
16 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
10 May 22
8-K
Advanced Energy Reports First Quarter 2022 Results
4 May 22
8-K
Other Events
6 Apr 22
8-K
Advanced Energy to Acquire SL Power
4 Apr 22
8-K
Departure of Directors or Certain Officers
22 Mar 22
8-K
Advanced Energy Reports Fourth Quarter and Full Year 2021 Results
9 Feb 22
8-K
Advanced Energy Appoints David Reed to its Board of Directors
2 Feb 22
8-K
Advanced Energy Announces Third Quarter 2021 Results
8 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
6 Nov 17
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Nov 17
424B3
Prospectus supplement
22 Nov 10
S-8
Registration of securities for employees
3 Aug 10
S-8
Registration of securities for employees
23 Jun 10
424B3
Prospectus supplement
27 May 10
S-3/A
Shelf registration (amended)
24 May 10
S-3
Shelf registration
20 May 10
D
$15M in equity, sold $15M, 61 investors
11 May 10
S-8
Registration of securities for employees
6 Aug 08
Proxies
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
1 Jun 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
1 Jun 15
SD
Conflict minerals disclosure
1 Jun 14
CT ORDER
Confidential treatment order
5 Mar 14
Ownership
4
ADVANCED ENERGY INDUSTRIES / Paul R Oldham ownership change
8 Aug 22
4
ADVANCED ENERGY INDUSTRIES / John Donaghey ownership change
4 Aug 22
3
ADVANCED ENERGY INDUSTRIES / John Donaghey ownership change
4 Aug 22
4
ADVANCED ENERGY INDUSTRIES / Brian Shirley ownership change
17 Jun 22
3
ADVANCED ENERGY INDUSTRIES / Brian Shirley ownership change
17 Jun 22
4
ADVANCED ENERGY INDUSTRIES / GRANT H BEARD ownership change
11 May 22
4
ADVANCED ENERGY INDUSTRIES / RONALD C FOSTER ownership change
11 May 22
4
ADVANCED ENERGY INDUSTRIES / FREDERICK BALL ownership change
11 May 22
4
ADVANCED ENERGY INDUSTRIES / John A Roush ownership change
11 May 22
4
ADVANCED ENERGY INDUSTRIES / Lanesha Minnix ownership change
11 May 22
Patents
Utility
Reduced Power Consumption for LLC Resonant Converter Under Light Load
11 Aug 22
This disclosure provides a resonant LLC power converter unit to provide a plurality of power outputs.
Utility
Apparatus and Method for Synchronous Rectifier Control Delay
11 Aug 22
A circuit for use in an LLC converter comprises a first primary side switch, a first secondary side switch assembly, and a controller.
Utility
Apparatus and Method for Synchronous Rectifier Control Delay
11 Aug 22
A circuit for use in an LLC converter comprises a first primary side switch, a first secondary side switch assembly, a controller, and a resonant network.
Utility
High Side Current Monitor
4 Aug 22
Inventors: Donald Enzinna
Utility
Optical Gas Concentration Measurement Apparatus
28 Jul 22
An optical gas concentration measurement apparatus is disclosed.
Transcripts
2022 Q2
Earnings call transcript
4 Aug 22
2022 Q1
Earnings call transcript
5 May 22
2021 Q4
Earnings call transcript
10 Feb 22
2021 Q3
Earnings call transcript
9 Nov 21
2021 Q2
Earnings call transcript
4 Aug 21
2021 Q1
Earnings call transcript
5 May 21
2020 Q4
Earnings call transcript
10 Feb 21
2020 Q3
Earnings call transcript
7 Nov 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
6 May 20
Reddit threads
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Daily Discussion Thread - May 20th, 2022
20 May 22
Daily Discussion Thread - May 19th, 2022
19 May 22
Daily Discussion Thread - May 18th, 2022
18 May 22
Daily Discussion Thread - May 17th, 2022
17 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Discussion Thread - May 3rd, 2022
3 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22