BE Semiconductor Industries (BESIY) Projected to Post Quarterly Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is expected to announce its results before the market opens on Thursday, February 19th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

BE Semiconductor Industries Trading Up 2.4%

OTCMKTS BESIY opened at $215.00 on Wednesday. The business’s 50-day moving average price is $182.82 and its two-hundred day moving average price is $161.73. 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 12 month low of $88.02 and a 12 month high of $216.47.

Analyst Ratings Changes

Several analysts recently commented on the company. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a report on Tuesday, January 6th. Citigroup reaffirmed a “neutral” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 20th. UBS Group reiterated a “buy” rating on shares of BE Semiconductor Industries in a research report on Friday, October 24th. Kepler Capital Markets lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of BE Semiconductor Industries in a research report on Sunday, January 4th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, BE Semiconductor Industries presently 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.