Short Interest in BE Semiconductor Industries NV (OTCMKTS:BESIY) Increases By 92.0%

BE Semiconductor Industries NV (OTCMKTS:BESIY) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,533 shares, an increase of 92.0% from the April 30th total of 3,923 shares. Based on an average trading volume of 16,934 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Berenberg Bank raised BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. Zacks Research raised BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

BE Semiconductor Industries Price Performance

BESIY opened at $325.70 on Tuesday. The business has a fifty day moving average of $272.35 and a 200 day moving average of $215.19. BE Semiconductor Industries has a 52-week low of $118.87 and a 52-week high of $337.84. The company has a quick ratio of 4.17, a current ratio of 4.74 and a debt-to-equity ratio of 1.11. The stock has a market cap of $23.62 billion, a P/E ratio of 147.38 and a beta of 1.97.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its quarterly earnings data on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. BE Semiconductor Industries had a return on equity of 38.42% and a net margin of 24.02%.The company had revenue of $216.51 million during the quarter, compared to analysts’ expectations of $220.77 million. As a group, sell-side analysts anticipate that BE Semiconductor Industries will post 4.46 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.