ASM International NV (OTCMKTS:ASMIY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $781.98, but opened at $745.64. ASM International shares last traded at $744.2450, with a volume of 789 shares.
Wall Street Analyst Weigh In
ASMIY has been the subject of several analyst reports. Zacks Research upgraded ASM International from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Morgan Stanley reiterated an "overweight" rating on shares of ASM International in a research report on Friday, January 16th. Citigroup reissued a "buy" rating on shares of ASM International in a research note on Tuesday, January 20th. Barclays restated an "overweight" rating on shares of ASM International in a report on Monday, January 26th. Finally, BNP Paribas Exane upgraded shares of ASM International to an "outperform" rating in a report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, ASM International presently has a consensus rating of "Moderate Buy".
View Our Latest Analysis on ASMIY
ASM International Stock Performance
The stock has a market capitalization of $36.77 billion, a P/E ratio of 43.78 and a beta of 1.91. The stock has a 50-day moving average price of $819.71 and a two-hundred day moving average price of $683.77.
ASM International (OTCMKTS:ASMIY - Get Free Report) last announced its earnings results on Tuesday, March 3rd. The company reported $4.02 EPS for the quarter, beating analysts' consensus estimates of $3.37 by $0.65. The company had revenue of $808.18 million during the quarter, compared to the consensus estimate of $815.67 million. ASM International had a return on equity of 19.77% and a net margin of 23.51%. Equities analysts anticipate that ASM International NV will post 14.46 earnings per share for the current fiscal year.
About ASM International
(
Get Free Report)
ASM International OTCMKTS: ASMIY is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.
ASM's product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ASM International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASM International wasn't on the list.
While ASM International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.