ELECTRO SCIENTIFIC INDS COM (ESIO) : Penbrook Management scooped up 29,225 additional shares in ELECTRO SCIENTIFIC INDS COM during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 323,760 shares of ELECTRO SCIENTIFIC INDS COM which is valued at $2,324,597.ELECTRO SCIENTIFIC INDS COM makes up approximately 2.52% of Penbrook Management’s portfolio.
ELECTRO SCIENTIFIC INDS COM closed down -0.02 points or -0.28% at $7.23 with 64,710 shares getting traded on Wednesday. Post opening the session at $7.2, the shares hit an intraday low of $7.14 and an intraday high of $7.288 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Kirr Marbach Co In boosted its stake in ESIO in the latest quarter, The investment management firm added 26,395 additional shares and now holds a total of 53,795 shares of ELECTRO SCIENTIFIC INDS COM which is valued at $386,248. ELECTRO SCIENTIFIC INDS COM makes up approx 0.08% of Kirr Marbach Co In’s portfolio. Simplex Trading added ESIO to its portfolio by purchasing 659 company shares during the most recent quarter which is valued at $4,903. Creative Planning sold out all of its stake in ESIO during the most recent quarter. The investment firm sold 100 shares of ESIO which is valued $718.Foundry Partners boosted its stake in ESIO in the latest quarter, The investment management firm added 9,825 additional shares and now holds a total of 287,717 shares of ELECTRO SCIENTIFIC INDS COM which is valued at $2,065,808. ELECTRO SCIENTIFIC INDS COM makes up approx 0.21% of Foundry Partners’s portfolio.
On the company’s financial health, ELECTRO SCIENTIFIC INDS COM reported $0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $-0.06. The company had revenue of $43.30 million for the quarter, compared to analysts expectations of $45.70 million. The company’s revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.15 EPS.
Many Wall Street Analysts have commented on ELECTRO SCIENTIFIC INDS COM. Needham Upgraded ELECTRO SCIENTIFIC INDS COM on Feb 3, 2016 to ” Buy”, Price Target of the shares are set at $8.
Electro Scientific Industries Inc. is a supplier of laser-based manufacturing solutions for the micro technology industry. The Company operates in two segments Component Processing and Micromachining. Its Component Processing segment includes interconnect products semiconductor products and component products. Interconnect semiconductor and component products are sold to manufacturers of electronic components and are used to drill cut trim ablate and test. The Company’s micromachining products are sold to manufacturers of end devices across multiple industries and are used to drill cut or mark features on a range of materials generally on the casing or external surface of the end device. The Company’s integrated solutions allow industrial designers and process engineers to control the power of laser light to transform materials.