BE Semiconductor Industries (BESIY) to Announce Quarterly Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is projected to announce its resultson Thursday, July 23rd. Analysts expect the company to post earnings of $1.26 per share and revenue of $283.97 million for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its quarterly earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. The business 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%. On average, analysts expect BE Semiconductor Industries to post $4 EPS for the current fiscal year and $7 EPS for the next fiscal year.

BE Semiconductor Industries Stock Performance

BESIY stock opened at $282.86 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.74 and a quick ratio of 4.17. The business has a 50-day moving average price of $319.84 and a 200 day moving average price of $253.38. The company has a market capitalization of $20.51 billion, a P/E ratio of 127.99 and a beta of 1.97. BE Semiconductor Industries has a 1-year low of $122.81 and a 1-year high of $374.33.

Analyst Upgrades and Downgrades

A number of research firms have commented on BESIY. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, May 19th. Zacks Research downgraded BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, BE Semiconductor Industries currently has a consensus rating of “Moderate Buy”.

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.