ASM International NV (OTCMKTS:ASMIY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have been given a consensus rating of “Moderate Buy” by the ten research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company.

Several analysts have recently weighed in on ASMIY shares. Morgan Stanley restated an “overweight” rating on shares of ASM International in a report on Friday, January 16th. BNP Paribas Exane upgraded shares of ASM International to an “outperform” rating in a research report on Monday, February 2nd. Barclays reissued an “overweight” rating on shares of ASM International in a report on Monday, January 26th. Citigroup reaffirmed a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Finally, Jefferies Financial Group downgraded shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th.

ASM International Price Performance

Shares of OTCMKTS:ASMIY opened at $781.98 on Friday. ASM International has a 12 month low of $372.61 and a 12 month high of $877.36. The stock has a market cap of $38.39 billion, a price-to-earnings ratio of 45.70 and a beta of 1.91. The stock’s 50 day moving average price is $819.71 and its 200 day moving average price is $683.77.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $4.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.65. ASM International had a return on equity of 19.77% and a net margin of 23.51%.The firm had revenue of $808.18 million during the quarter, compared to analyst estimates of $815.67 million. On average, sell-side analysts expect that ASM International will post 14.46 EPS for the current year.

ASM International Company Profile

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.