ASM International (ASMIY) to Release Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) is projected to release its resultson Tuesday, July 28th. Analysts expect ASM International to post earnings of $6.87 per share and revenue of $1.1452 billion for the quarter.

ASM International Stock Performance

Shares of ASM International stock opened at $969.53 on Monday. The stock has a market capitalization of $47.39 billion, a price-to-earnings ratio of 41.40 and a beta of 1.99. The firm’s 50-day moving average price is $1,065.91 and its two-hundred day moving average price is $924.61. ASM International has a 1-year low of $463.86 and a 1-year high of $1,248.72.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Barclays reissued an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Zacks Research cut ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a research report on Friday, July 10th. Finally, Citigroup reissued a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, ASM International currently has a consensus rating of “Moderate Buy”.

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.