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

ASM International NV (OTCMKTS:ASMIY) has been given a consensus rating of “Moderate Buy” by the ten ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several analysts recently commented on ASMIY shares. Barclays reiterated an “overweight” rating on shares of ASM International in a research report on Monday, January 26th. Zacks Research raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Jefferies Financial Group lowered shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Tuesday, January 20th. Finally, BNP Paribas Exane upgraded shares of ASM International to an “outperform” rating in a research report on Monday, February 2nd.

ASM International Trading Up 5.3%

Shares of ASM International stock opened at $753.88 on Friday. ASM International has a twelve month low of $372.61 and a twelve month high of $877.36. The firm has a market capitalization of $37.01 billion, a PE ratio of 44.06 and a beta of 1.91. The firm’s 50-day moving average price is $815.47 and its 200 day moving average price is $691.48.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $4.02 EPS for the quarter, topping the consensus estimate of $3.37 by $0.65. The company had revenue of $808.18 million during the quarter, compared to analyst estimates of $815.67 million. ASM International had a return on equity of 19.77% and a net margin of 23.51%. On average, sell-side analysts predict 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.