ASM International NV (OTCMKTS:ASMIY) Receives $561.00 Average Price Target from Brokerages

ASM International NV (OTCMKTS:ASMIY - Get Free Report) has received an average rating of "Buy" from the six ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $561.00.

Several equities research analysts recently commented on the company. Hsbc Global Res upgraded ASM International from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. HSBC upgraded shares of ASM International to a "buy" rating in a report on Friday, May 2nd.

ASM International Stock Up 0.4 %

Shares of ASM International stock traded up $2.02 during trading on Tuesday, reaching $506.62. The company's stock had a trading volume of 4,515 shares, compared to its average volume of 7,519. The business's 50-day moving average price is $471.88 and its 200-day moving average price is $536.98. ASM International has a 52 week low of $372.61 and a 52 week high of $813.23. The firm has a market cap of $24.87 billion, a PE ratio of 41.90 and a beta of 1.82.

ASM International (OTCMKTS:ASMIY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $4.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.23 by ($0.12). ASM International had a return on equity of 17.10% and a net margin of 19.98%. The company had revenue of $955.30 million for the quarter, compared to analyst estimates of $1 billion. Equities analysts predict that ASM International will post 14.46 earnings per share for the current 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.