BE Semiconductor Industries (OTCMKTS:BESIY) Releases Earnings Results

BE Semiconductor Industries (OTCMKTS:BESIY) issued its quarterly earnings data on Thursday. The technology company reported $0.76 EPS for the quarter, hitting analysts’ consensus estimates of $0.76, Zacks reports. BE Semiconductor Industries had a return on equity of 32.38% and a net margin of 22.27%.The company had revenue of $216.51 million for the quarter, compared to analysts’ expectations of $220.77 million.

BE Semiconductor Industries Trading Down 0.2%

BESIY opened at $282.00 on Friday. The firm has a market capitalization of $20.45 billion, a P/E ratio of 150.80 and a beta of 1.78. The firm’s 50 day moving average is $226.36 and its 200-day moving average is $190.17. BE Semiconductor Industries has a 52-week low of $106.35 and a 52-week high of $300.77. The company has a quick ratio of 4.88, a current ratio of 5.55 and a debt-to-equity ratio of 1.22.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 13th. Citigroup reiterated a “neutral” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 20th. Needham & Company LLC upgraded shares of BE Semiconductor Industries to a “buy” rating in a research note on Tuesday, January 6th. Kepler Capital Markets lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Finally, Berenberg Bank upgraded shares of BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, BE Semiconductor Industries presently has a consensus rating of “Hold”.

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.