Short Interest in BE Semiconductor Industries NV (OTCMKTS:BESIY) Increases By 92.0%

BE Semiconductor Industries NV (OTCMKTS:BESIY) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,533 shares, a growth of 92.0% from the April 30th total of 3,923 shares. Based on an average daily trading volume, of 16,934 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Zacks Research raised BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. Berenberg Bank raised BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Stock Down 1.6%

Shares of BESIY opened at $325.70 on Tuesday. The business’s 50 day moving average is $272.35 and its 200 day moving average is $215.19. The company has a market capitalization of $23.62 billion, a PE ratio of 147.38 and a beta of 1.97. BE Semiconductor Industries has a 12-month low of $118.87 and a 12-month high of $337.84. The company has a current ratio of 4.74, a quick ratio of 4.17 and a debt-to-equity ratio of 1.11.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. The company had revenue of $216.51 million for the quarter, compared to the consensus estimate of $220.77 million. BE Semiconductor Industries had a return on equity of 38.42% and a net margin of 24.02%. Research analysts expect that BE Semiconductor Industries will post 4.46 earnings per share for the current fiscal year.

BE Semiconductor Industries Company Profile

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.