Were Analysts Bullish Electro Scientific Industries, Inc. (NASDAQ:ESIO) This Week?

June 19, 2017 - By Stephen Andrade

 Were Analysts Bullish Electro Scientific Industries, Inc. (NASDAQ:ESIO) This Week?
Investors sentiment decreased to 1.42 in 2016 Q4. Its down 0.23, from 1.65 in 2016Q3. It dived, as 19 investors sold Electro Scientific Industries, Inc. shares while 19 reduced holdings. 12 funds opened positions while 42 raised stakes. 22.72 million shares or 3.05% more from 22.05 million shares in 2016Q3 were reported.
Blackrock Lc stated it has 15,342 shares or 0% of all its holdings. Pinebridge Ltd Partnership reported 4,002 shares. Principal Fincl Grp has 0% invested in Electro Scientific Industries, Inc. (NASDAQ:ESIO). Wells Fargo & Mn invested in 0% or 66,985 shares. Foundry Ptnrs Ltd Llc holds 0.06% or 254,070 shares. Public Sector Pension Inv Board invested in 19,485 shares. Strs Ohio owns 85,600 shares or 0% of their US portfolio. Pnc Fincl Svcs Group Inc owns 0% invested in Electro Scientific Industries, Inc. (NASDAQ:ESIO) for 220 shares. Guggenheim Limited Liability Corp invested 0% of its portfolio in Electro Scientific Industries, Inc. (NASDAQ:ESIO). California-based Blackrock Fund has invested 0% in Electro Scientific Industries, Inc. (NASDAQ:ESIO). Citigroup owns 0% invested in Electro Scientific Industries, Inc. (NASDAQ:ESIO) for 55,094 shares. California Pub Employees Retirement System holds 0% of its portfolio in Electro Scientific Industries, Inc. (NASDAQ:ESIO) for 166,900 shares. Dimensional Fund Advsr L P owns 2.42 million shares. 76,165 are owned by Jacobs Levy Equity Mgmt Incorporated. Da Davidson And Com holds 909,186 shares or 0.12% of its portfolio.

Since May 11, 2017, it had 0 buys, and 1 sale for $529,694 activity.

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

Among 2 analysts covering Electro Scientific Industries (NASDAQ:ESIO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Electro Scientific Industries had 5 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was initiated by Lake Street with “Buy” on Monday, February 27. The rating was maintained by Needham on Wednesday, May 11 with “Buy”. The firm has “Sell” rating given on Tuesday, August 11 by Zacks. Needham upgraded the stock to “Buy” rating in Wednesday, February 3 report. Zacks downgraded the shares of ESIO in report on Monday, August 31 to “Hold” rating. Below is a list of Electro Scientific Industries, Inc. (NASDAQ:ESIO) latest ratings and price target changes.

27/02/2017 Broker: Lake Street Rating: Buy New Target: $7.50 Initiate

About 26,302 shares traded. Electro Scientific Industries, Inc. (NASDAQ:ESIO) has risen 19.94% since June 19, 2016 and is uptrending. It has outperformed by 3.24% the S&P500.

Electro Scientific Industries, Inc. and its subsidiaries supply laser manufacturing solutions for industries reliant on microtechnologies. The company has market cap of $271.28 million. The Firm operates through two divisions: Component Processing and Micromachining. It currently has negative earnings. The Component Processing segment includes interconnect products, semiconductor products and component products.

More notable recent Electro Scientific Industries, Inc. (NASDAQ:ESIO) news were published by: Seekingalpha.com which released: “Electro Scientific Industries’ (ESIO) CEO Michael Burger on Q3 2017 Results …” on February 02, 2017, also Seekingalpha.com with their article: “Electro Scientific Industries’ (ESIO) CEO Michael Burger on Q2 2017 Results …” published on November 02, 2016, Globenewswire.com published: “ESI Announces Hiring of John Williams as Vice President of Marketing” on March 01, 2017. More interesting news about Electro Scientific Industries, Inc. (NASDAQ:ESIO) were released by: Seekingalpha.com and their article: “Electro Scientific Industries’ (ESIO) CEO Michael Burger on Q4 2017 Results …” published on May 10, 2017 as well as Nasdaq.com‘s news article titled: “Electro Scientific Industries Inc (ESIO) Files 10-K for the Fiscal Year Ended …” with publication date: June 15, 2017.

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