BE Semiconductor Industries (OTCMKTS:BESIY) Hits New 52-Week High - What's Next?

Key Points

• BE Semiconductor Industries shares reached a new 52-week high of $155.78, marking an increase from the previous close of $149.16.
• Analysts' ratings for the company have varied, with two analysts giving a Strong Buy rating, while others provide Hold and Sell ratings, leading to a consensus of "Moderate Buy".
• The company reported a net margin of 28.10% and a return on equity of 36.83%, despite having an earnings per share (EPS) of $0.45, which was below the consensus estimate.

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $155.78 and last traded at $155.78, with a volume of 2805 shares. The stock had previously closed at $149.16.

Analysts Set New Price Targets

BESIY has been the topic of a number of research reports. Zacks Research lowered shares of BE Semiconductor Industries from a "hold" rating to a "strong sell" rating in a research note on Monday, September 15th. Barclays lowered shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Kepler Capital Markets raised shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 10th. Finally, Sanford C. Bernstein initiated coverage on shares of BE Semiconductor Industries in a research note on Tuesday, June 17th. They issued an "outperform" rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BE Semiconductor Industries has a consensus rating of "Moderate Buy".

BE Semiconductor Industries Trading Up 4.4%

The stock has a market cap of $11.30 billion, a PE ratio of 67.44 and a beta of 1.86. The company has a debt-to-equity ratio of 1.47, a quick ratio of 5.05 and a current ratio of 5.73. The company's 50-day moving average price is $138.85 and its 200 day moving average price is $129.48.

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

About BE Semiconductor Industries

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.

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