ASM International NV (OTCMKTS:ASMIY) Given Consensus Rating of “Moderate Buy” by Brokerages

ASM International NV (OTCMKTS:ASMIY) has earned an average rating of “Moderate Buy” from the nine analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, five have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research analysts have recently commented on ASMIY shares. BNP Paribas Exane raised ASM International to an “outperform” rating in a research report on Monday, February 2nd. Citigroup reaffirmed a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Zacks Research raised ASM International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 25th. Jefferies Financial Group lowered ASM International from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd.

ASM International Stock Down 1.1%

Shares of OTCMKTS:ASMIY opened at $992.52 on Friday. The stock has a market cap of $48.51 billion, a price-to-earnings ratio of 42.38 and a beta of 2.02. ASM International has a 12-month low of $463.86 and a 12-month high of $1,060.99. The business’s 50 day moving average is $879.90 and its 200 day moving average is $764.54.

ASM International (OTCMKTS:ASMIY) last announced its earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $944.69 million. As a group, equities research analysts expect that ASM International will post 26.12 earnings per share for the current year.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.