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

Key Points

• ASM International's shares opened at $647.02, up from a previous close of $617.00, with a total trading volume of 271 shares.
• Wall Street analysts have mixed ratings, with three giving a Strong Buy rating and an average price target of $561.00, despite Jefferies Financial Group downgrading the stock to a "hold" rating.
• The company reported $3.99 EPS last quarter, missing expectations but achieving revenues of $979.62 million, exceeding analyst estimates.

ASM International NV (OTCMKTS:ASMIY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $617.00, but opened at $647.02. ASM International shares last traded at $646.82, with a volume of 271 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Jefferies Financial Group cut ASM International to a "hold" rating in a report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ASM International in a research note on Wednesday, September 24th. Finally, Zacks Research raised shares of ASM International from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 23rd. Three investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $561.00.

ASM International Trading Up 4.6%

The company has a market cap of $31.68 billion, a PE ratio of 54.78 and a beta of 1.95. The firm's fifty day moving average is $512.45 and its 200 day moving average is $526.21.

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 analysts' consensus estimates of $4.75 by ($0.76). The firm had revenue of $979.62 million for the quarter, compared to analyst estimates 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, sell-side analysts anticipate 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.

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