ASYS has been the subject of several other reports. ValuEngine raised shares of Amtech Systems from a sell rating to a hold rating in a report on Wednesday, January 2nd. Benchmark reiterated a hold rating on shares of Amtech Systems in a research report on Friday. Cowen set a $9.00 target price on shares of Amtech Systems and gave the stock a buy rating in a research report on Friday, November 30th. Finally, Zacks Investment Research upgraded shares of Amtech Systems from a hold rating to a buy rating and set a $5.50 target price for the company in a research report on Tuesday, October 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Amtech Systems presently has a consensus rating of Hold and a consensus target price of $8.56.
Shares of ASYS opened at $4.79 on Friday. The stock has a market cap of $73.28 million, a PE ratio of 8.40 and a beta of 2.35. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.36 and a current ratio of 2.96. Amtech Systems has a 1-year low of $4.03 and a 1-year high of $10.67.
Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in Amtech Systems by 31.3% in the 4th quarter. Bank of New York Mellon Corp now owns 20,171 shares of the semiconductor company’s stock worth $91,000 after purchasing an additional 4,804 shares in the last quarter. WealthTrust Axiom LLC raised its position in Amtech Systems by 19.9% during the 4th quarter. WealthTrust Axiom LLC now owns 62,150 shares of the semiconductor company’s stock worth $281,000 after buying an additional 10,328 shares during the last quarter. Royce & Associates LP raised its position in Amtech Systems by 1.5% during the 3rd quarter. Royce & Associates LP now owns 1,144,387 shares of the semiconductor company’s stock worth $6,111,000 after buying an additional 16,465 shares during the last quarter. Ancora Advisors LLC increased its holdings in shares of Amtech Systems by 116.5% during the 3rd quarter. Ancora Advisors LLC now owns 281,760 shares of the semiconductor company’s stock valued at $1,505,000 after purchasing an additional 151,605 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Amtech Systems by 15.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,250,824 shares of the semiconductor company’s stock valued at $6,679,000 after purchasing an additional 164,357 shares in the last quarter. Institutional investors and hedge funds own 54.92% of the company’s stock.
Amtech Systems Company Profile
Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating solar cells, light-emitting diodes (LEDs), and semiconductor devices in the United States, Europe, China, Malaysia, Taiwan, Germany, the Netherlands, France, and internationally. The company operates through three segments: Solar, Semiconductor, and Polishing.
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