Polaris Industries Inc. (PII) Forms $113.61 Double Top; Electro Scientific Industries (ESIO) Sentiment Is 1.89

January 30, 2018 - By rebbecca

Electro Scientific Industries, Inc., together with its subsidiaries, supplies laser microfabrication solutions for the microtechnology industry worldwide. The company has market cap of $786.92 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 currently has negative earnings. 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.

Polaris Industries Inc. (PII) formed double top with $122.70 target or 8.00% above today’s $113.61 share price. Polaris Industries Inc. (PII) has $7.11B valuation. The stock decreased 15.37% or $20.63 during the last trading session, reaching $113.61. About 2.35 million shares traded or 259.68% up from the average. Polaris Industries Inc. (NYSE:PII) has risen 5.51% since January 30, 2017 and is uptrending. It has underperformed by 11.19% the S&P500.

The stock decreased 1.57% or $0.37 during the last trading session, reaching $23.5. About 400,771 shares traded. Electro Scientific Industries, Inc. (ESIO) has risen 19.94% since January 30, 2017 and is uptrending. It has outperformed by 3.24% the S&P500.

Analysts await Electro Scientific Industries, Inc. (NASDAQ:ESIO) to report earnings on February, 7. They expect $0.50 earnings per share, up 272.41% or $0.79 from last year’s $-0.29 per share. ESIO’s profit will be $16.74M for 11.75 P/E if the $0.50 EPS becomes a reality. After $0.12 actual earnings per share reported by Electro Scientific Industries, Inc. for the previous quarter, Wall Street now forecasts 316.67% EPS growth.

Adirondack Research & Management Inc. holds 0.84% of its portfolio in Electro Scientific Industries, Inc. for 154,613 shares. Eam Investors Llc owns 271,777 shares or 0.5% of their US portfolio. Moreover, Essex Investment Management Co Llc has 0.38% invested in the company for 198,792 shares. The Indiana-based Kirr Marbach & Co Llc In has invested 0.22% in the stock. Oberweis Asset Management Inc, a Illinois-based fund reported 54,300 shares.

Among 22 analysts covering Polaris Industries (NYSE:PII), 3 have Buy rating, 0 Sell and 19 Hold. Therefore 14% are positive. Polaris Industries had 91 analyst reports since July 23, 2015 according to SRatingsIntel. The company was initiated on Monday, October 12 by Northcoast. On Friday, June 9 the stock rating was maintained by RBC Capital Markets with “Hold”. As per Sunday, October 1, the company rating was maintained by RBC Capital Markets. BMO Capital Markets maintained it with “Buy” rating and $11000 target in Friday, July 21 report. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, July 14 report. The stock of Polaris Industries Inc. (NYSE:PII) has “Hold” rating given on Wednesday, January 3 by Wedbush. The stock has “Buy” rating by Wunderlich on Monday, September 21. Bernstein maintained Polaris Industries Inc. (NYSE:PII) rating on Monday, January 29. Bernstein has “Hold” rating and $144.0 target. The firm has “Hold” rating by Robert W. Baird given on Friday, September 1. The rating was maintained by Lake Street on Wednesday, January 25 with “Buy”.

Investors sentiment decreased to 0.72 in Q3 2017. Its down 0.49, from 1.21 in 2017Q2. It is negative, as 35 investors sold Polaris Industries Inc. shares while 152 reduced holdings. 46 funds opened positions while 89 raised stakes. 56.03 million shares or 4.63% less from 58.75 million shares in 2017Q2 were reported. Jensen Investment has invested 0.01% in Polaris Industries Inc. (NYSE:PII). Columbia Asset Mgmt owns 1,980 shares. 24,570 are owned by Pennsylvania Tru. Aspiriant Limited Liability Company invested in 2,529 shares or 0.02% of the stock. Willingdon Wealth Mngmt holds 0.01% or 313 shares. Kayne Anderson Rudnick Inv Management Ltd Liability Co reported 475,574 shares. Kbc Grp Inc Nv stated it has 0.01% of its portfolio in Polaris Industries Inc. (NYSE:PII). Goelzer Management holds 49,686 shares. Baystate Wealth Mgmt Limited Liability Co has invested 0% in Polaris Industries Inc. (NYSE:PII). Carroll Associate stated it has 0% in Polaris Industries Inc. (NYSE:PII). Barclays Pcl holds 0% in Polaris Industries Inc. (NYSE:PII) or 10,758 shares. Amalgamated Bancorp holds 11,732 shares or 0.04% of its portfolio. River Road Asset Limited Liability owns 367,288 shares. Valley National Advisers holds 0.14% or 3,782 shares. Hilltop has 0.5% invested in Polaris Industries Inc. (NYSE:PII).