BE Semiconductor Industries (OTCMKTS:BESIY) Sets New 12-Month High – What’s Next?

BE Semiconductor Industries NV (OTCMKTS:BESIY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $179.05 and last traded at $177.50, with a volume of 1217 shares changing hands. The stock had previously closed at $174.64.

Analyst Upgrades and Downgrades

BESIY has been the topic of several recent analyst reports. Zacks Research upgraded shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. Sanford C. Bernstein restated an “outperform” rating on shares of BE Semiconductor Industries in a report on Sunday. UBS Group reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, October 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

BE Semiconductor Industries Price Performance

The company has a market capitalization of $13.37 billion, a price-to-earnings ratio of 90.83 and a beta of 1.82. The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46. The company has a 50 day simple moving average of $157.64 and a 200 day simple moving average of $150.03.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its earnings results on Thursday, October 23rd. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $154.12 million during the quarter, compared to the consensus estimate of $160.84 million. BE Semiconductor Industries had a net margin of 25.42% and a return on equity of 33.98%. As a group, research analysts predict that BE Semiconductor Industries NV will post 4.56 EPS 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.