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FEIC $106.89

FEIC target price
106.89
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0
FEI Company
Type
Subsidiary
Industry Scientific and Technical Instruments
Founded 1971; 46 years ago (1971)
Founder Dr. Lynwood Swanson
Headquarters Hillsboro, Oregon, United States
Area served
global
Key people
Dr. Don R. Kania (CEO), Anthony Trunzo, Executive Vice President and CFO
Bradley J. Thies, Vice President, General Counsel
Products Focused ion beam
Scanning Electron Microscope
Transmission Electron Microscope
DualBeam,Light Microscope,Software
Revenue Decrease $930M (2015)
Operating income
Increase $129.4M (2014)
Net income
Increase $105.1M (2014)
Number of employees
2800+ (2015)
Parent Thermo Fisher Scientific Inc.
Subsidiaries ASPEX Corporation (dba FEI Delmont) (Pennsylvania, United States), Visualization Sciences Group Inc. (dba FEI Houston) (United States) and 26 others.
Website www.fei.com

FEI Company (FEI) is an American company that designs, manufactures, and supports microscope technology. Headquartered in Hillsboro, Oregon, FEI has over 2,800 employees and sales and service operations in more than 50 countries around the world. Formerly listed on the NASDAQ, it is a subsidiary of Thermo Fisher Scientific.

The FEI company was founded in 1971 as Field Electron and Ion Company by Dr. Lynwood W. Swanson, Mr. Noel A. Martin and Mr. Lloyd Swenson, as a supplier of electron and ion beam sources for field emission research and electron microscopy. The name was shortened to FEI Company in 1973. In 1978, Dr. J.H. Orloff, a research specialist in electrostatic optics for field emission ion and electron sources, joined the company as its fourth partner. Swanson was a professor of applied physics at the Oregon Graduate Center, and Orloff's doctoral adviser. FEI's introduction of the liquid metal ion source in 1981 led to its application in the semiconductor industry for mask repair and defect analysis. The current company was formed by the 1997 merger between FEI and Philips Electron Optics, and the 1999 acquisition of ion beam company Micrion. As such, the company can trace its roots in electron microscopy to the early commercial instruments produced by Philips Electron Optics in the 1940s.

On December 20, 2006, Philips Business Electronics International B.V. sold its shares of common stock in FEI Company reducing its shareholding in FEI to zero. In May 2011, the company announced a second straight quarter of record revenue and profits, with the company totaling nearly $200 million in revenue for their second quarter. The company attributed the growth to a diversification of its clientele.

On May 27, 2016, Thermo Fisher Scientific Inc. announced its acquisition of FEI Company for 4.2 billion USD, which will commence in early 2017. At the time of the transaction, FEI had more than 2700 employees in over 20 countries. The FEI trademark is being phased out in favor of the Materials & Structural Analysis division of Thermo Fisher Scientific.

The products manufactured by the company include focused ion beam workstations, scanning electron microscopes, transmission electron microscopes, and focusing columns.

The company has research and development centers in Hillsboro, Oregon; Eindhoven, The Netherlands; Munich, Germany; Shanghai, China PRC;Tokyo, Japan; Brno, Czech Republic; Canberra, Australia; Trondheim, Norway; and Bordeaux, France. It has sales and service operations in more than 50 countries.

Coordinates: 45°32′34″N 122°55′47″W / 45.542697°N 122.92963°W / 45.542697; -122.92963

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-05-31 Reiterated Rating DA Davidson Neutral $90.00 to $107.50
2016-05-31 Downgrade Benchmark Co. Buy to Hold $92.00 to $107.50
2016-05-31 Downgrade William Blair Outperform to Market Perform
2016-05-31 Downgrade Stifel Nicolaus Buy to Hold
2016-05-05 Boost Price Target Benchmark Co. Buy $80.00 to $92.00
2016-04-06 Downgrade DA Davidson Buy to Neutral
2016-03-23 Boost Price Target Goldman Sachs $94.00
2016-03-23 Boost Price Target Goldman Sachs Group Inc. $94.00
2016-02-03 Lower Price Target DA Davidson Buy $90.00
2015-12-08 Upgrade Goldman Sachs Neutral to Buy $72.00 to $94.00
2015-10-28 Lower Price Target Benchmark Co. Buy $92.00 to $83.00
2015-10-28 Downgrade Needham & Company LLC Buy to Hold
2015-07-29 Reiterated Rating Off Wall Street Sell
2015-07-06 Boost Price Target Stifel Nicolaus Buy $90.00 to $96.00
2015-06-06 Reiterated Rating Needham & Company LLC Buy $90.00
2015-05-21 Initiated Coverage Benchmark Co. Buy $90.00
2015-04-17 Downgrade Bank of America Buy to Neutral $90.00 to $83.00
2015-04-17 Downgrade Bank of America Corp. Buy to Neutral $90.00 to $83.00
2015-02-05 Reiterated Rating DA Davidson Buy $105.00 to $100.00
2015-02-05 Lower Price Target Stifel Nicolaus Buy $100.00 to $90.00
2014-08-04 Upgrade Sidoti Neutral to Buy
2014-08-01 Upgrade DA Davidson Neutral to Buy $95
2014-07-31 Upgrade DA Davidson Neutral to Buy $4.50
2014-05-05 Upgrade Dougherty & Co Hold to Buy $96.00
2014-04-30 Lower Price Target Needham & Company LLC Buy $105.00 to $98.00
2014-04-11 Boost Price Target Goldman Sachs Neutral $87.00 to $95.00
2014-03-17 Downgrade DA Davidson Buy to Neutral
2014-03-14 Downgrade DA Davidson Buy to Neutral $105.00
2014-01-27 Downgrade Feltl & Co. Hold to Sell
2014-01-16 Boost Price Target Stifel Nicolaus Buy $93.00 to $104.00
2014-01-09 Initiated Coverage William Blair Outperform
2013-11-20 Initiated Coverage Goldman Sachs Neutral $87.00
2013-10-30 Boost Price Target Needham & Company LLC Buy $80.00 to $95.00
2013-09-23 Reiterated Rating Needham & Company LLC Buy $80.00
2013-09-23 Boost Price Target Stifel Nicolaus Buy $83.00 to $93.00
2013-01-28 Downgrade Dougherty & Company Buy to Neutral
2012-01-09 Reiterated Stifel Nicolaus Buy $44 to $49
2011-11-29 Initiated Dougherty & Company Buy $49
2011-11-09 Downgrade McAdams Wright Ragen Buy to Hold $40 to $44
2011-05-04 Reiterated McAdams Wright Ragen Buy $36 to $40
2011-02-04 Upgrade McAdams Wright Ragen Hold to Buy $29 to $36
2016-05-31 Reiterated Rating DA Davidson Neutral $90.00 to $107.50
2016-05-31 Downgrade Benchmark Co. Buy to Hold $92.00 to $107.50
2016-05-31 Downgrade William Blair Outperform to Market Perform
2016-05-31 Downgrade Stifel Nicolaus Buy to Hold
2016-05-05 Boost Price Target Benchmark Co. Buy $80.00 to $92.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
KANIA DON R President, CEO 0.12%  (50465) ASEI / FEIC /
KELLY THOMAS F 0.04%  (16930) FEIC / FN /
Lobbezoo Jan C 0.04%  (16930) FEIC /
THIES BRADLEY J Sr. VP-General Counsel 0.04%  (16820) FEIC /
PARKER GERHARD H 0.04%  (16148) AMAT / FEIC / LSCC /
Loh Benjamin GekLim EVP, Global Business Ops. 0.04%  (15996) FEIC /
RICHARDSON JAMES T 0.03%  (13555) DMRC / FEIC /
LINK RAYMOND A Executive VP, CFO 0.03%  (13543) CSCD / ESIO / FEIC / FORM /
WILLS RICHARD H 0.03%  (11930) ESIO / FEIC /
Bahrami Homa 0.02%  (7430) FEIC / FN /
NACHTSHEIM JAMI K 0.02%  (7430) AFFX / FEIC /
Huijser Arie 0.01%  (2930) FEIC /