Frequency Electronics Inc. (FEIM) is an American company known for designing, developing, and manufacturing superior quality control devices for space, defense, and telecommunications. Their years of research and application showcase the technological prowess in quartz crystals, crystal oscillators, and atomic clocks. FEIM gives paramount importance to synchronizing frequencies and managing time.
Established in 1961, the Mitchel Field, New York-based company provides state-of-the-art, high reliability, and high-performance oscillators and integrated microwave assemblies (IMAs). FEIM evolved over the years with advancements in technology. Currently, it stands as a go-to for atomic physics-based time-frequency reference products that are crucial for satellite payloads, communication networks, and secure communications.
Frequency Electronics Inc. is divided into two branches – FEI-NY (Frequency Electronics Inc. – New York) and FEI-Zyfer (California). FEI-NY primarily focuses on providing systems and components for space and defense. The work scope under FEI-NY includes quartz oscillators, cesium and rubidium standards, crystal resonators, LCs & crystals, and ultra-low phase noise OCXO. On the other hand, FEI Zyfer provides GPS and secure communication-related solutions.
The company's mission is to excel in the frequency-control technology field by delivering top-tier products. It prides itself on its ability to create devices that can operate in challenging environments including the harsh outer space conditions or adverse military grounds across the globe.
Their clientele ranges from government and military institutions to large multinational corporations. Notably, Frequency Electronics Inc. has contributed to supplying precision timing systems for multiple primary communication satellites.
The company's strength lies in its experienced design and engineering team, who possess advanced technological acumen. They engage in constant innovation and rigorous testing practices to ensure quality and reliability of the produced devices. Furthermore, Frequency Electronics Inc. is committed to maintaining an environmentally friendly operation strategy and aims at minimizing the environmental footprints of their processes.
FEIM's dedication towards precision, reliability, and quality, combined with the direct involvement in the evolution of frequency and timing technology, makes it a leader in its industry. They stand at the forefront, ready to meet the complex challenges of time-frequency control in a rapidly advancing technological world.
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Integrated Wealth Concepts LLC significantly reduced its stake in Frequency Electronics (NASDAQ:FEIM) by 72.1% in the second quarter, selling 22,519 shares and retaining 8,732 shares valued at $579,000. Despite this reduction, institutional investors collectively own 58.6% of the company. Analyst sentiment remains positive, with a "Moderate Buy" consensus rating and an average price target of $59.67, supported by Frequency Electronics exceeding Q2 earnings and revenue estimates.
Frequency Electronics (NASDAQ: FEIM) ended the quarter with $61.407 million in cash and cash equivalents, a significant rise from the previous balance-sheet date. The company's total assets also increased to $153.577 million. Investors can analyze these figures, including current assets of $111.052 million and current liabilities of $20.810 million, to assess the company's liquidity and financial health.
Frequency Electronics, Inc. (FEIM) reported record first-quarter fiscal 2027 revenue of $23.5 million, marking a 70% year-over-year increase, and achieved a record funded backlog of $129 million. These strong results have boosted management's confidence in reaching at least $150 million in annual revenue by fiscal 2029. Despite this performance, the company faces challenges including production constraints, limited success in new defense technology markets, and high short interest.
Frequency Electronics (FEIM) reported record revenue of $23.5 million for Q1 fiscal 2027, up 70% year-over-year, and a funded backlog of $129 million. This strong performance has increased confidence in reaching $150 million in annual revenue by fiscal 2029 and led to significant improvements in profitability. Despite challenges like production ramp-up and limited defense market success, hedge fund interest in the stock has risen, although short interest remains high.
This article analyzes Frequency Electronics Inc. (NASDAQ: FEIM) using AI models to provide liquidity mapping and trading strategies. Key findings indicate divergent sentiment, a test of support, and an exceptional risk-reward setup targeting a 23.4% gain. It outlines position, momentum breakout, and risk hedging strategies, along with multi-timeframe signal analysis.
Frequency Electronics Inc (FEIM) shares dropped 6.0% to $61.69, indicating it is significantly overvalued according to GuruFocus's GF Value™ of $16.33. The company, which is currently cash-flow-negative, has a GF Score™ of 61/100, highlighting growth potential but also serious concerns regarding its valuation and profitability. Insider selling and cautious sentiment from institutional investors further suggest potential risks for investors.