FEI Co (FEIC) Misses Q1 EPS by 6c
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FEI (FEIC) Still Overvalued Following Q1 Report; Noble Financial Maintains 'Sell' Rating
April 30, 2014 11:15 AM EDTNoble Financial maintains FEI Co. (Nasdaq: FEIC) at Sell with a price target of $77 following Q1 results.
Analyst Mark Miller commented, The overall book-to-bill for the quarter was 1.09 resulting in the backlog sequentially increasing by $21 million to $494.6 million.
However, the overall order situation resulted in both sales and income guidance for the June quarter to again be well below investor expectations.
In previous reports, we had cited... More
FEI Company (FEIC) PT Cut at Needham & Company after First Miss in Over 5 Years
April 30, 2014 9:55 AM EDTNeedham & Company analyst James Ricchiuti cut his price target on FEI Company (NASDAQ: FEIC) to $98.00 (from $105.00) following the company's Q1 miss. However, the analyst maintained a Buy rating as it was the first miss in over 5 years.
Ricchiuti comments, "FEIC after the market... More
