BE Semiconductor Industries NV (OTCMKTS:BESIY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY) have been given a consensus rating of “Buy” by the nine analysts that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company.

A number of research analysts have weighed in on BESIY shares. Zacks Research upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Berenberg Bank upgraded BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th.

BE Semiconductor Industries Trading Down 2.2%

Shares of OTCMKTS:BESIY opened at $243.00 on Tuesday. BE Semiconductor Industries has a 52-week low of $122.81 and a 52-week high of $374.33. The business has a 50-day moving average price of $280.77 and a 200-day moving average price of $266.23. The company has a quick ratio of 3.73, a current ratio of 4.28 and a debt-to-equity ratio of 0.60. The stock has a market cap of $17.62 billion, a price-to-earnings ratio of 79.67 and a beta of 2.01.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.29 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.01). The business had revenue of $290.52 million for the quarter, compared to analyst estimates of $285.58 million. BE Semiconductor Industries had a net margin of 28.42% and a return on equity of 46.44%. Equities analysts predict that BE Semiconductor Industries will post 4.83 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.