ASM International (OTCMKTS:ASMIY) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded ASM International's stock from a "strong sell" to a "hold" rating, reflecting a positive shift in analyst sentiment.
• A majority of investment analysts have a positive outlook on the stock, with a consensus rating of "Buy" and an average price target of $561.00.
• Despite a revenue of $979.62 million in its latest earnings report, ASM International missed the consensus earnings estimate by $0.76, reporting $3.99 per share.

ASM International (OTCMKTS:ASMIY - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on ASMIY. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ASM International in a research note on Wednesday. Barclays raised ASM International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 3rd. Finally, Jefferies Financial Group cut ASM International to a "hold" rating in a research report on Thursday, June 26th. Five investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $561.00.

ASM International Stock Up 0.3%

Shares of ASMIY opened at $588.30 on Tuesday. ASM International has a 52-week low of $372.61 and a 52-week high of $664.94. The company has a 50-day simple moving average of $511.29 and a 200-day simple moving average of $522.15. The company has a market capitalization of $28.88 billion, a PE ratio of 49.94 and a beta of 1.91.

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