BE Semiconductor Industries (OTCMKTS:BESIY) Stock Rating Upgraded by Hsbc Global Res

Hsbc Global Res upgraded shares of BE Semiconductor Industries (OTCMKTS:BESIY) from a moderate sell rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. HSBC raised BE Semiconductor Industries from a “reduce” rating to a “hold” rating in a research report on Monday. UBS Group upgraded BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, Needham & Company LLC cut BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research report on Monday, January 13th.

BE Semiconductor Industries Stock Performance

Shares of BESIY opened at $108.53 on Monday. The company has a quick ratio of 6.12, a current ratio of 6.86 and a debt-to-equity ratio of 1.13. The business’s 50 day moving average price is $108.38 and its 200-day moving average price is $120.85. BE Semiconductor Industries has a 52 week low of $88.02 and a 52 week high of $185.00. The stock has a market cap of $7.87 billion, a P/E ratio of 43.59 and a beta of 1.75.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.08). The company had revenue of $165.45 million during the quarter, compared to the consensus estimate of $162.96 million. BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. Equities research analysts anticipate that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 28th will be issued a dividend of $2.0024 per share. The ex-dividend date is Monday, April 28th. This is a positive change from BE Semiconductor Industries’s previous dividend of $1.94. BE Semiconductor Industries’s payout ratio is currently 82.30%.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.