BE Semiconductor Industries (OTCMKTS:BESIY) Sets New 1-Year High – What’s Next?

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $208.53 and last traded at $208.53, with a volume of 8055 shares changing hands. The stock had previously closed at $207.68.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research upgraded shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a report on Wednesday, October 15th. Sanford C. Bernstein reissued an “outperform” rating on shares of BE Semiconductor Industries in a research note on Sunday, January 4th. Citigroup restated a “neutral” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 20th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 13th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

BE Semiconductor Industries Trading Up 0.4%

The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $15.12 billion, a P/E ratio of 102.72 and a beta of 1.82. The company has a fifty day simple moving average of $167.63 and a two-hundred day simple moving average of $155.41.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. BE Semiconductor Industries had a return on equity of 33.98% and a net margin of 25.42%.The company had revenue of $154.12 million for the quarter, compared to analyst estimates of $160.84 million. On average, sell-side analysts expect that BE Semiconductor Industries NV will post 4.56 earnings per share for the current 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.