BE Semiconductor Industries (OTCMKTS:BESIY) Reaches New 12-Month High – What’s Next?

BE Semiconductor Industries NV (OTCMKTS:BESIY) reached a new 52-week high on Monday . The company traded as high as $374.33 and last traded at $370.2150, with a volume of 799 shares trading hands. The stock had previously closed at $352.92.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BESIY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, May 19th. Berenberg Bank upgraded BE Semiconductor Industries to a “hold” rating in a research report on Monday, February 23rd. Finally, Zacks Research raised shares of BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

BE Semiconductor Industries Stock Performance

The firm’s 50 day moving average price is $308.18 and its 200-day moving average price is $234.50. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.17 and a current ratio of 4.74. The firm has a market capitalization of $26.59 billion, a PE ratio of 165.94 and a beta of 1.97.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. The firm had revenue of $216.51 million during the quarter, compared to analyst estimates of $220.77 million. BE Semiconductor Industries had a return on equity of 38.42% and a net margin of 24.02%. On average, research analysts expect that BE Semiconductor Industries NV will post 4.45 EPS for the current year.

About BE Semiconductor Industries

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.