ASM International NV (OTCMKTS:ASMIY) Sees Significant Decline in Short Interest

Key Points

• ASM International NV experienced a 42.9% drop in short interest during August, with short shares decreasing from 1,400 to 800.
• Wall Street analysts have varying ratings for ASM International, with five analysts rating it as a Strong Buy and a consensus target price of $561.00.
• Although ASM International's latest quarterly earnings missed expectations, it reported revenues of $979.62 million, exceeding the consensus estimate of $966.88 million.

ASM International NV (OTCMKTS:ASMIY - Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 800 shares, adecreaseof42.9% from the July 31st total of 1,400 shares. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is currently 0.1 days.

ASM International Price Performance

Shares of ASMIY stock traded up $7.13 on Monday, hitting $496.32. The stock had a trading volume of 6,540 shares, compared to its average volume of 5,853. The business has a 50 day moving average of $526.30 and a 200 day moving average of $520.90. The stock has a market cap of $24.36 billion, a price-to-earnings ratio of 42.13 and a beta of 1.91. ASM International has a 12-month low of $372.61 and a 12-month high of $664.94.

ASM International (OTCMKTS:ASMIY - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The company reported $3.99 EPS for the quarter, missing the consensus estimate of $4.75 by ($0.76). The firm had revenue of $979.62 million during the quarter, compared to analysts' expectations of $966.88 million. ASM International had a net margin of 16.36% and a return on equity of 20.14%. ASM International has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts expect that ASM International will post 14.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Zacks Research downgraded shares of ASM International from a "hold" rating to a "strong sell" rating in a report on Monday, August 25th. Barclays upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 3rd. Jefferies Financial Group downgraded shares of ASM International to a "hold" rating in a report on Thursday, June 26th. UBS Group upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASM International in a report on Thursday, July 24th. Five investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $561.00.

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.