BE Semiconductor Industries NV (OTCMKTS:BESIY) Given Consensus Rating of “Moderate Buy” by Brokerages

BE Semiconductor Industries NV (OTCMKTS:BESIY) has earned an average rating of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company.

A number of research firms have recently commented on BESIY. Needham & Company LLC raised shares of BE Semiconductor Industries to a “buy” rating in a research report on Tuesday. Zacks Research raised shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a report on Wednesday, October 15th. UBS Group restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, October 24th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of BE Semiconductor Industries in a research note on Sunday.

BE Semiconductor Industries Stock Down 1.4%

OTCMKTS BESIY opened at $185.95 on Monday. The business’s 50-day moving average price is $158.41 and its 200 day moving average price is $150.87. The company has a current ratio of 5.75, a quick ratio of 5.02 and a debt-to-equity ratio of 1.46. BE Semiconductor Industries has a twelve month low of $88.02 and a twelve month high of $188.58.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings results on Thursday, October 23rd. The technology company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. BE Semiconductor Industries had a net margin of 25.42% and a return on equity of 33.98%. The company had revenue of $154.12 million for the quarter, compared to analyst estimates of $160.84 million. Research analysts expect that BE Semiconductor Industries will post 4.56 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.