It’s been a crucial week for Electro Scientific Industries, Inc. (NASDAQ:ESIO); here’s what analysts have to say.

May 16, 2018 - By Peter Erickson

Electro Scientific Industries, Inc. (NASDAQ:ESIO) LogoInvestors sentiment decreased to 1.67 in Q4 2017. Its down 0.22, from 1.89 in 2017Q3. It worsened, as 14 investors sold Electro Scientific Industries, Inc. shares while 41 reduced holdings. 47 funds opened positions while 45 raised stakes. 26.38 million shares or 12.47% more from 23.45 million shares in 2017Q3 were reported.
Hillsdale Invest Management Inc holds 0.23% in Electro Scientific Industries, Inc. (NASDAQ:ESIO) or 65,640 shares. Thompson Davis accumulated 2,350 shares or 0.12% of the stock. Fuller And Thaler Asset Mgmt Inc invested in 153,400 shares or 0.04% of the stock. Wellington Gp Limited Liability Partnership has 13,369 shares. New York-based Jpmorgan Chase & has invested 0% in Electro Scientific Industries, Inc. (NASDAQ:ESIO). 25,010 are owned by Navellier And. Art Advisors Ltd Company reported 118,877 shares. 66,200 were reported by Schwab Charles Mgmt. Walleye Trading Lc holds 1,723 shares. Metropolitan Life Insurance New York accumulated 0% or 10,927 shares. Goldman Sachs Gp reported 0% of its portfolio in Electro Scientific Industries, Inc. (NASDAQ:ESIO). Thrivent Financial For Lutherans reported 20,127 shares. 12,707 are owned by Voya Invest Mngmt Llc. 105,529 are held by California Public Employees Retirement. Prtnrs Ltd Liability Corp reported 387,301 shares.

Since February 28, 2018, it had 0 buys, and 1 insider sale for $90,274 activity.

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

Among 3 analysts covering Electro Scientific (NASDAQ:ESIO), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Electro Scientific had 6 analyst reports since December 1, 2017 according to SRatingsIntel. Stifel Nicolaus maintained Electro Scientific Industries, Inc. (NASDAQ:ESIO) rating on Wednesday, May 9. Stifel Nicolaus has “Buy” rating and $37 target. The stock has “Buy” rating by Lake Street on Friday, December 1. The rating was maintained by Needham on Thursday, January 18 with “Buy”. Lake Street maintained Electro Scientific Industries, Inc. (NASDAQ:ESIO) rating on Thursday, January 18. Lake Street has “Buy” rating and $30.0 target. The rating was maintained by Lake Street on Thursday, March 22 with “Buy”. Below is a list of Electro Scientific Industries, Inc. (NASDAQ:ESIO) latest ratings and price target changes.

09/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $36 New Target: $37 Maintain
22/03/2018 Broker: Lake Street Rating: Buy New Target: $30.0 Maintain
15/03/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $36 Initiates Coverage On
18/01/2018 Broker: Lake Street Rating: Buy New Target: $30.0 Maintain
18/01/2018 Broker: Needham Rating: Buy New Target: $35.0 Maintain
01/12/2017 Broker: Lake Street Rating: Buy New Target: $27.0 Maintain

The stock increased 2.31% or $0.45 during the last trading session, reaching $19.94. About 490,189 shares traded. Electro Scientific Industries, Inc. (NASDAQ:ESIO) has risen 187.01% since May 16, 2017 and is uptrending. It has outperformed by 175.46% the S&P500.

Electro Scientific Industries, Inc., together with its subsidiaries, supplies laser microfabrication solutions for the microtechnology industry worldwide. The company has market cap of $685.68 million. It provides printed circuit boards, including laser via drilling systems for electrical interconnect applications; micro via drilling technology that addresses the changing applications in integrated circuit packages, multichip modules, and high density interconnect circuit boards; and ultraviolet laser processing systems comprising single-beam and multi-beam systems. It has a 29.98 P/E ratio. It also offers semiconductor manufacturing products comprising wafer marking equipment for use in serialization and wafer identification; wafer and circuit trim tools that adjust the electrical performance of semiconductor devices or hybrid circuits; and liquid crystal display repair tools; and laser LCD repair systems to enhance the manufacture of flat panel displays.

More news for Electro Scientific Industries, Inc. (NASDAQ:ESIO) were recently published by: Seekingalpha.com, which released: “Electro Scientific Industries’ (ESIO) CEO Michael Burger on Q4 2018 Results – Earnings Call Transcript” on May 09, 2018. Globenewswire.com‘s article titled: “ESI Announces Fourth Quarter and Full Year Fiscal 2018 Results” and published on May 08, 2018 is yet another important article.

Electro Scientific Industries, Inc. (NASDAQ:ESIO) Institutional Positions Chart

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