BE Semiconductor Industries NV (OTCMKTS:BESIY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

BE Semiconductor Industries NV (OTCMKTS:BESIY) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company.

A number of research firms recently commented on BESIY. Zacks Research lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. UBS Group lowered shares of BE Semiconductor Industries from a “buy” rating to a “sell” rating in a research report on Wednesday. Berenberg Bank raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, September 8th.

BE Semiconductor Industries Stock Performance

OTCMKTS:BESIY opened at $201.00 on Wednesday. The stock has a market cap of $14.57 billion, a P/E ratio of 65.90 and a beta of 1.99. The stock has a 50 day simple moving average of $229.34 and a 200 day simple moving average of $267.31. The company has a current ratio of 4.28, a quick ratio of 3.73 and a debt-to-equity ratio of 0.60. BE Semiconductor Industries has a 1-year low of $140.07 and a 1-year high of $374.33.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.29 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.01). The firm had revenue of $290.52 million for the quarter, compared to analyst estimates of $285.58 million. BE Semiconductor Industries had a return on equity of 46.44% and a net margin of 28.42%. Research analysts anticipate that BE Semiconductor Industries will post 4.83 earnings per share for the current year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. (Besi) is a Netherlands-based manufacturer of semiconductor assembly equipment. The company develops and supplies systems used to assemble, package, and finish semiconductor devices after wafer fabrication.

Besi’s product portfolio includes die-attach equipment, packaging systems, molding and singulation equipment, plating systems, and related solutions for advanced semiconductor packaging. Its technologies support applications such as flip-chip, wafer-level packaging, thermo-compression bonding, and hybrid bonding, which are used in electronics, communications, automotive, computing, and other semiconductor markets.

Founded in 1995 and headquartered in Duiven, the Netherlands, Besi serves semiconductor manufacturers and assembly and test providers worldwide.