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

ASM International NV (OTCMKTS:ASMIY) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating on the company.

Several research firms have issued reports on ASMIY. Barclays reaffirmed an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Citigroup restated a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Finally, Zacks Research lowered ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th.

ASM International Stock Down 5.6%

Shares of ASMIY opened at $1,031.88 on Friday. The company has a market capitalization of $50.44 billion, a price-to-earnings ratio of 44.06 and a beta of 1.99. ASM International has a 52 week low of $463.86 and a 52 week high of $1,248.72. The stock’s 50-day moving average price is $1,063.35 and its 200-day moving average price is $887.86.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, beating the consensus estimate of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $944.69 million. As a group, equities analysts anticipate that ASM International will post 26.75 EPS for the current fiscal 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.