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

Shares of ASM International NV (OTCMKTS:ASMIY) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company.

Several brokerages recently weighed in on ASMIY. Zacks Research cut ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Citigroup reissued a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Finally, Barclays reaffirmed an “overweight” rating on shares of ASM International in a research report on Thursday, June 11th.

ASM International Price Performance

Shares of ASMIY opened at $1,044.12 on Friday. The company has a 50-day simple moving average of $1,065.75 and a two-hundred day simple moving average of $893.96. The firm has a market capitalization of $51.04 billion, a PE ratio of 44.58 and a beta of 1.99. ASM International has a one year low of $463.86 and a one year high of $1,248.72.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, topping analysts’ consensus estimates of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $944.69 million. Analysts expect that ASM International will post 26.75 EPS for the current fiscal year.

ASM International Company Profile

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.