ASM International NV (OTCMKTS:ASMIY) Given Average Rating of “Moderate Buy” by Analysts

ASM International NV (OTCMKTS:ASMIY) has received an average rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company.

ASMIY has been the topic of a number of research analyst reports. Jefferies Financial Group cut shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Citigroup reiterated a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Zacks Research upgraded shares of ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd.

ASM International Stock Up 2.2%

ASMIY opened at $1,040.77 on Wednesday. The stock has a market cap of $50.87 billion, a price-to-earnings ratio of 44.44 and a beta of 2.01. ASM International has a twelve month low of $463.86 and a twelve month high of $1,083.97. The company’s 50-day moving average price is $956.95 and its two-hundred day moving average price is $810.73.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, beating analysts’ consensus estimates of $4.58 by $1.29. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $944.69 million. ASM International had a net margin of 31.07% and a return on equity of 20.41%. As a group, sell-side analysts anticipate that ASM International will post 26.12 earnings per share for the current year.

About ASM International

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.