ASM International NV (OTCMKTS:ASMIY) Given Average Recommendation of “Buy” by Brokerages

ASM International NV (OTCMKTS:ASMIY) has been assigned a consensus recommendation of “Buy” from the nine analysts that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and three have assigned a strong buy recommendation to the company.

Several brokerages have recently issued reports on ASMIY. Rothschild Redb lowered shares of ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research note on Wednesday, September 24th. Zacks Research upgraded ASM International from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 23rd. Finally, Citigroup reiterated a “buy” rating on shares of ASM International in a research note on Tuesday, October 7th.

ASM International Price Performance

Shares of ASMIY stock opened at $610.70 on Wednesday. ASM International has a 1-year low of $372.61 and a 1-year high of $661.33. The company has a market cap of $29.98 billion, a price-to-earnings ratio of 33.80 and a beta of 1.90. The stock has a 50 day simple moving average of $609.67 and a 200-day simple moving average of $573.59.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings results on Tuesday, October 28th. The company reported $4.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.74 by $0.16. The firm had revenue of $932.68 million for the quarter, compared to analysts’ expectations of $814.93 million. ASM International had a net margin of 24.50% and a return on equity of 21.55%. Analysts anticipate that ASM International will post 14.46 earnings per share for the current fiscal year.

About ASM International

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.