BE Semiconductor Industries (BESIY) Expected to Post Quarterly Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is projected to post its resultson Thursday, July 23rd. Analysts expect the company to post earnings of $1.30 per share and revenue of $283.9540 million for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The company had revenue of $216.51 million for the quarter, compared to analyst estimates of $220.77 million. BE Semiconductor Industries had a net margin of 24.02% and a return on equity of 38.42%. On average, analysts expect BE Semiconductor Industries to post $4 EPS for the current fiscal year and $7 EPS for the next fiscal year.

BE Semiconductor Industries Trading Up 8.0%

Shares of OTCMKTS BESIY opened at $273.98 on Wednesday. The company’s fifty day moving average is $316.75 and its 200-day moving average is $256.39. The stock has a market cap of $19.87 billion, a price-to-earnings ratio of 123.97 and a beta of 1.97. BE Semiconductor Industries has a twelve month low of $122.81 and a twelve month high of $374.33. The company has a quick ratio of 4.17, a current ratio of 4.74 and a debt-to-equity ratio of 1.11.

Wall Street Analysts Forecast Growth

Several analysts recently commented on BESIY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, May 19th. Finally, Zacks Research lowered BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

About BE Semiconductor Industries

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.