BE Semiconductor Industries (BESIY) to Release Quarterly Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) will likely be issuing its results before the market opens on Thursday, February 19th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

BE Semiconductor Industries Stock Performance

BESIY opened at $210.00 on Tuesday. 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’s 50 day moving average price is $181.86 and its 200-day moving average price is $161.16. BE Semiconductor Industries has a one year low of $88.02 and a one year high of $211.25.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Needham & Company LLC raised shares of BE Semiconductor Industries to a “buy” rating in a research note on Tuesday, January 6th. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 13th. Citigroup reaffirmed a “neutral” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 20th. UBS Group reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, October 24th. Finally, Kepler Capital Markets cut BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

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.