BE Semiconductor Industries NV (OTCMKTS:BESIY) Receives Average Recommendation of “Moderate Buy” from Analysts

BE Semiconductor Industries NV (OTCMKTS:BESIY) has received an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company.

A number of equities analysts recently issued reports on BESIY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. Berenberg Bank upgraded BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Finally, Zacks Research upgraded BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd.

BE Semiconductor Industries Stock Performance

Shares of BESIY stock opened at $321.90 on Thursday. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 145.66 and a beta of 1.97. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.74 and a quick ratio of 4.17. The business has a fifty day moving average of $283.48 and a 200 day moving average of $221.25. BE Semiconductor Industries has a 1 year low of $122.81 and a 1 year high of $337.84.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. The company 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%. As a group, research analysts expect that BE Semiconductor Industries will post 4.46 earnings per share 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.