Amtech Systems Inc. (NASDAQ:ASYS) has been given an average rating of “Hold” by the six research firms that are currently covering the stock. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $9.38.

A number of brokerages have recently issued reports on ASYS. Zacks Investment Research lowered Amtech Systems from a “buy” rating to a “hold” rating in a research note on Monday, July 11th. TheStreet lowered Amtech Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, September 27th.

An institutional investor recently raised its position in Amtech Systems stock. WealthTrust Axiom LLC increased its position in Amtech Systems Inc. (NASDAQ:ASYS) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,225 shares of the company’s stock after buying an additional 3,493 shares during the period. WealthTrust Axiom LLC owned 0.43% of Amtech Systems worth $341,000 as of its most recent SEC filing. 53.01% of the stock is currently owned by institutional investors and hedge funds.

Amtech Systems (NASDAQ:ASYS) opened at 4.60 on Friday. The company’s market cap is $60.60 million. The firm has a 50-day moving average price of $4.99 and a 200 day moving average price of $5.87. Amtech Systems has a 12 month low of $4.12 and a 12 month high of $8.40.

Amtech Systems (NASDAQ:ASYS) last issued its quarterly earnings data on Thursday, August 4th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.27) by $0.18. Amtech Systems had a negative return on equity of 21.02% and a negative net margin of 5.07%. The company had revenue of $33.30 million for the quarter, compared to analyst estimates of $31.26 million. During the same period last year, the company earned ($0.12) earnings per share. Amtech Systems’s quarterly revenue was down 16.7% compared to the same quarter last year. Equities research analysts predict that Amtech Systems will post ($0.59) EPS for the current year.

Amtech Systems Company Profile

Amtech Systems, Inc is a manufacturer of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, light-emitting diode (LED) and semiconductor devices. The Company’s segments include Solar, Semiconductor and Polishing.

5 Day Chart for NASDAQ:ASYS

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