ASM International (OTCMKTS:ASMIY) Releases Earnings Results, Beats Estimates By $0.87 EPS

ASM International (OTCMKTS:ASMIY) announced its earnings results on Tuesday. The company reported $5.01 earnings per share for the quarter, topping analysts’ consensus estimates of $4.14 by $0.87, Zacks reports. ASM International had a net margin of 19.98% and a return on equity of 17.10%.

ASM International Price Performance

Shares of OTCMKTS:ASMIY traded down $0.62 during mid-day trading on Tuesday, hitting $587.78. The company had a trading volume of 4,147 shares, compared to its average volume of 3,602. The company has a market capitalization of $28.85 billion, a PE ratio of 48.62 and a beta of 1.60. ASM International has a one year low of $510.81 and a one year high of $813.23. The firm has a fifty day moving average price of $594.54 and a 200 day moving average price of $596.04.

Wall Street Analyst Weigh In

Separately, BNP Paribas started coverage on ASM International in a research note on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 price objective on the stock.

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.