ASM International (OTCMKTS:ASMIY) Shares Gap Up - Still a Buy?

Key Points

• ASM International's stock gapped up significantly from a closing price of $546.99 to an opening price of $586.59, reflecting a strong market interest.
• Analysts have a mixed outlook with five rating the stock as a Strong Buy, while one has a Sell rating, with an average price target of $561.00.
• The company reported Q2 earnings with an EPS of $3.99, falling short of the $4.75 consensus estimate, but exceeding revenue expectations of $966.88 million.

Shares of ASM International NV (OTCMKTS:ASMIY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $546.99, but opened at $586.59. ASM International shares last traded at $586.87, with a volume of 545 shares traded.

Analysts Set New Price Targets

ASMIY has been the subject of several research reports. Zacks Research lowered shares of ASM International from a "hold" rating to a "strong sell" rating in a research report on Monday, August 25th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ASM International in a research note on Thursday, July 24th. Barclays upgraded shares of ASM International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 3rd. Finally, Jefferies Financial Group cut shares of ASM International to a "hold" rating in a report on Thursday, June 26th. Five analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, ASM International presently has a consensus rating of "Buy" and a consensus target price of $561.00.

ASM International Stock Performance

The firm's 50 day simple moving average is $512.35 and its 200-day simple moving average is $520.56. The company has a market cap of $29.21 billion, a price-to-earnings ratio of 50.51 and a beta of 1.91.

ASM International (OTCMKTS:ASMIY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $3.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.76). ASM International had a net margin of 16.36% and a return on equity of 20.14%. The company 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. As a group, sell-side analysts expect that ASM International NV will post 14.46 EPS for the current fiscal year.

ASM International Company Profile

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.