ASM International (ASMIY) Expected to Announce Quarterly Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) is anticipated to issue its resultson Tuesday, April 21st. Analysts expect the company to announce earnings of $4.58 per share and revenue of $944.6870 million for the quarter.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $4.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.65. The company had revenue of $808.18 million during the quarter, compared to the consensus estimate of $815.67 million. ASM International had a net margin of 23.51% and a return on equity of 19.77%. On average, analysts expect ASM International to post $14 EPS for the current fiscal year and $20 EPS for the next fiscal year.

ASM International Stock Performance

ASM International stock opened at $922.48 on Monday. The stock has a market cap of $45.29 billion, a P/E ratio of 53.91 and a beta of 1.92. The stock has a 50 day moving average of $819.07 and a 200-day moving average of $716.03. ASM International has a 52 week low of $428.62 and a 52 week high of $937.16.

Analyst Upgrades and Downgrades

ASMIY has been the subject of several research analyst reports. Jefferies Financial Group cut ASM International from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research note on Friday, January 16th. Barclays reiterated an “overweight” rating on shares of ASM International in a research note on Monday, January 26th. Citigroup reiterated a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Finally, Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, ASM International currently has an average rating of “Moderate Buy”.

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.