BE Semiconductor Industries (OTCMKTS:BESIY) Sees Significant Increase in Short Interest

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 3,300 shares, a growth of 266.7% from the April 30th total of 900 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the company's stock are short sold.

BE Semiconductor Industries Stock Down 3.4%

Shares of OTCMKTS:BESIY traded down $4.30 during trading on Friday, hitting $120.70. 414 shares of the company were exchanged, compared to its average volume of 4,055. The company has a current ratio of 6.86, a quick ratio of 6.12 and a debt-to-equity ratio of 1.13. The stock has a market cap of $8.75 billion, a price-to-earnings ratio of 48.47 and a beta of 1.80. BE Semiconductor Industries has a fifty-two week low of $88.02 and a fifty-two week high of $185.00. The firm has a fifty day moving average price of $111.84 and a two-hundred day moving average price of $122.17.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The technology company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.08). The business had revenue of $165.45 million for the quarter, compared to analyst estimates of $162.96 million. BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. As a group, research analysts anticipate that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 5th. Investors of record on Monday, April 28th were issued a dividend of $2.0024 per share. The ex-dividend date was Monday, April 28th. This is a positive change from BE Semiconductor Industries's previous dividend of $1.94. BE Semiconductor Industries's payout ratio is presently 86.83%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. HSBC raised BE Semiconductor Industries from a "reduce" rating to a "hold" rating in a research report on Monday, April 28th. Hsbc Global Res raised BE Semiconductor Industries from a "moderate sell" rating to a "hold" rating in a research report on Monday, April 28th.

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.