BE Semiconductor Industries (OTCMKTS:BESIY) Reaches New 52-Week High – What’s Next?

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $309.00 and last traded at $308.50, with a volume of 4320 shares. The stock had previously closed at $308.92.

Wall Street Analysts Forecast Growth

BESIY has been the topic of several research reports. Zacks Research raised shares of BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd. Berenberg Bank raised shares of BE Semiconductor Industries to a “hold” rating in a report on Monday, February 23rd. Finally, Citigroup reaffirmed a “neutral” rating on shares of BE Semiconductor Industries in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Stock Performance

The company has a debt-to-equity ratio of 1.22, a quick ratio of 4.88 and a current ratio of 5.55. The business has a 50 day moving average price of $244.35 and a two-hundred day moving average price of $201.41. The company has a market cap of $22.26 billion, a P/E ratio of 138.90 and a beta of 1.96.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.76. BE Semiconductor Industries had a return on equity of 40.69% and a net margin of 24.02%.The company had revenue of $216.51 million during the quarter, compared to analyst estimates of $220.77 million. On average, sell-side analysts anticipate that BE Semiconductor Industries NV will post 4.46 earnings per share for the current 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.