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

BE Semiconductor Industries NV (OTCMKTS:BESIY) has been assigned an average rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have issued reports on BESIY shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of BE Semiconductor Industries in a research report on Sunday. UBS Group restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. Finally, Zacks Research upgraded shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th.

BE Semiconductor Industries Trading Up 11.4%

BE Semiconductor Industries stock opened at $174.64 on Monday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 5.02 and a current ratio of 5.75. BE Semiconductor Industries has a one year low of $88.02 and a one year high of $176.30. The company has a 50-day simple moving average of $157.64 and a 200-day simple moving average of $150.03.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its earnings results on Thursday, October 23rd. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. BE Semiconductor Industries had a net margin of 25.42% and a return on equity of 33.98%. The firm had revenue of $154.12 million during the quarter, compared to analyst estimates of $160.84 million. On average, sell-side analysts forecast that BE Semiconductor Industries will post 4.56 EPS 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.