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

ASM International NV (OTCMKTS:ASMIY) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company.

A number of analysts have recently weighed in on ASMIY shares. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Barclays reaffirmed an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Finally, Zacks Research downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th.

ASM International Stock Performance

Shares of ASMIY opened at $1,050.20 on Friday. ASM International has a 12 month low of $463.86 and a 12 month high of $1,248.72. The firm’s 50 day moving average is $1,061.03 and its 200-day moving average is $879.42. The stock has a market capitalization of $51.33 billion, a PE ratio of 44.84 and a beta of 1.99.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $944.69 million. Equities research analysts predict that ASM International will post 26.75 earnings per share for the current fiscal year.

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.