ASM International NV (OTCMKTS:ASMIY) Receives Consensus Rating of “Moderate Buy” from Analysts

ASM International NV (OTCMKTS:ASMIY) has received an average recommendation of “Moderate Buy” from the ten analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and two have given a strong buy rating to the company.

ASMIY has been the subject of several recent analyst reports. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Barclays reiterated an “overweight” rating on shares of ASM International in a research note on Monday, January 26th. Citigroup reissued a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. Morgan Stanley restated an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. Finally, BNP Paribas Exane upgraded ASM International to an “outperform” rating in a research report on Monday, February 2nd.

ASM International Stock Up 0.3%

ASMIY stock opened at $777.80 on Friday. The business has a 50-day simple moving average of $812.86 and a 200 day simple moving average of $692.66. ASM International has a 52 week low of $372.61 and a 52 week high of $877.36. The company has a market cap of $38.18 billion, a PE ratio of 45.46 and a beta of 1.92.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $4.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.65. The business had revenue of $808.18 million for the quarter, compared to analyst estimates of $815.67 million. ASM International had a net margin of 23.51% and a return on equity of 19.77%. On average, analysts anticipate that ASM International will post 14.46 EPS for the current fiscal year.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.