BE Semiconductor Industries NV (OTCMKTS:BESIY) Given Average Recommendation of “Moderate Buy” by Analysts

BE Semiconductor Industries NV (OTCMKTS:BESIY) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several research analysts recently issued reports on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, May 19th. Zacks Research lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a research report on Friday, May 15th.

BE Semiconductor Industries Stock Up 5.9%

Shares of OTCMKTS BESIY opened at $228.67 on Friday. The stock’s fifty day simple moving average is $307.99 and its two-hundred day simple moving average is $259.74. BE Semiconductor Industries has a 12-month low of $122.81 and a 12-month high of $374.33. The company has a current ratio of 4.74, a quick ratio of 4.17 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $16.58 billion, a PE ratio of 74.97 and a beta of 1.97.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.01). The firm had revenue of $290.52 million during the quarter, compared to the consensus estimate of $285.58 million. BE Semiconductor Industries had a return on equity of 51.09% and a net margin of 28.42%. As a group, analysts expect that BE Semiconductor Industries will post 4.83 EPS for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.