ASM International (OTCMKTS:ASMIY) Downgraded to "Strong Sell" Rating by Zacks Research

Key Points

• ASM International has been downgraded from a "hold" rating to a "strong sell" rating by Zacks Research, signaling a negative outlook from analysts.
• Despite the downgrade, the stock has experienced a 1.0% increase in shares, with a current market price of $479.40.
• Analysts have mixed views on the stock, with some ratings including five strong buy, two buy, and one sell, leading to an average rating of "Buy" with a price target of $561.00.

ASM International (OTCMKTS:ASMIY - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research note issued on Monday,Zacks.com reports.

ASMIY has been the subject of a number of other reports. UBS Group raised shares of ASM International from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 21st. Jefferies Financial Group lowered shares of ASM International to a "hold" rating in a report on Thursday, June 26th. Hsbc Global Res upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASM International in a report on Thursday, July 24th. Finally, Barclays upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $561.00.

ASM International Stock Up 1.0%

Shares of OTCMKTS:ASMIY opened at $479.40 on Monday. ASM International has a 52 week low of $372.61 and a 52 week high of $680.51. The stock has a market capitalization of $23.53 billion, a P/E ratio of 40.70 and a beta of 1.85. The firm has a fifty day simple moving average of $550.28 and a two-hundred day simple moving average of $528.35.

ASM International (OTCMKTS:ASMIY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $3.99 EPS for the quarter, missing analysts' consensus estimates of $4.75 by ($0.76). ASM International had a return on equity of 20.14% and a net margin of 16.36%.The business had revenue of $979.62 million during the quarter, compared to analysts' expectations of $966.88 million. ASM International has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect 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.

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