BE Semiconductor Industries (BESIY) Projected to Post Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) will likely be posting its results before the market opens on Thursday, October 23rd. Analysts expect BE Semiconductor Industries to post earnings of $0.31 per share for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings data on Thursday, July 24th. The technology company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). BE Semiconductor Industries had a net margin of 28.10% and a return on equity of 36.83%. The business had revenue of $173.78 million during the quarter, compared to analysts’ expectations of $150.33 million.

BE Semiconductor Industries Price Performance

Shares of OTCMKTS:BESIY opened at $167.34 on Tuesday. The company has a quick ratio of 5.05, a current ratio of 5.73 and a debt-to-equity ratio of 1.47. BE Semiconductor Industries has a 12-month low of $88.02 and a 12-month high of $174.45. The stock’s 50-day moving average price is $145.78 and its 200-day moving average price is $134.55.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BESIY shares. Barclays lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a research note on Wednesday, October 15th. Finally, Zacks Research raised shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, BE Semiconductor Industries has a consensus rating of “Moderate Buy”.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.