BE Semiconductor Industries NV (OTCMKTS:BESIY) Short Interest Update

Key Points

• BE Semiconductor Industries NV experienced a significant decline in short interest, dropping from 2,000 shares in August to just 100 shares by September 15th, resulting in a short-interest ratio of 0.0 days.
• The company reported quarterly earnings of $0.45 per share, missing the consensus estimate by $0.04, despite exceeding revenue expectations with $173.78 million.
• Analyst ratings have varied, with Barclays downgrading the stock from "strong-buy" to "hold" while two analysts maintain "Strong Buy" ratings, reflecting mixed sentiment among analysts.

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 100 shares, a decline of 95.0% from the August 31st total of 2,000 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,100 shares, the short-interest ratio is currently 0.0 days.

BE Semiconductor Industries Stock Up 0.7%

Shares of OTCMKTS:BESIY traded up $1.08 during trading on Tuesday, hitting $148.95. 1,015 shares of the company were exchanged, compared to its average volume of 2,922. The stock has a market capitalization of $10.80 billion, a P/E ratio of 64.48 and a beta of 1.88. The company has a debt-to-equity ratio of 1.47, a current ratio of 5.73 and a quick ratio of 5.05. BE Semiconductor Industries has a 12-month low of $88.02 and a 12-month high of $155.00. The firm's 50 day moving average price is $138.68 and its 200-day moving average price is $128.93.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The technology company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.04). The company had revenue of $173.78 million for the quarter, compared to analysts' expectations of $150.33 million. BE Semiconductor Industries had a return on equity of 36.83% and a net margin of 28.10%. On average, research analysts predict that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Barclays downgraded shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Sanford C. Bernstein assumed coverage on shares of BE Semiconductor Industries in a report on Tuesday, June 17th. They issued an "outperform" rating on the stock. Kepler Capital Markets upgraded shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 10th. Finally, Zacks Research downgraded shares of BE Semiconductor Industries from a "hold" rating to a "strong sell" rating in a report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.