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

ASM International NV (OTCMKTS:ASMIY) has been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company.

Several research analysts have commented on the company. Barclays restated an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Jefferies Financial Group downgraded ASM International from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a report on Thursday, April 23rd.

ASM International Stock Down 4.3%

Shares of OTCMKTS ASMIY opened at $1,139.20 on Wednesday. ASM International has a 52 week low of $463.86 and a 52 week high of $1,199.85. The business has a 50-day simple moving average of $994.84 and a two-hundred day simple moving average of $831.40. The company has a market cap of $55.69 billion, a P/E ratio of 48.64 and a beta of 2.01.

ASM International (OTCMKTS:ASMIY) last issued its earnings results on Tuesday, April 21st. The company reported $5.87 EPS for the quarter, topping 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 business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $944.69 million. Equities research analysts anticipate that ASM International will post 26.12 EPS 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.