BE Semiconductor Industries (OTCMKTS:BESIY) Sees Strong Trading Volume - What's Next?

Key Points

• Unusually-high trading volume: About 22,239 shares traded mid-day (a 224% increase from the prior session) while the stock traded near $300.78, showing little net price change.
• Mixed quarterly results: EPS of $0.76 met estimates but revenue of $216.5M missed the $220.8M consensus; the company still reported a strong net margin (24.02%) and return on equity (40.69%).
• Analyst sentiment is a consensus "Moderate Buy" (1 Strong Buy, 5 Buy, 4 Hold), with recent notable moves including Zacks upgrading to Strong Buy and Kepler cutting its rating to Hold.

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 22,239 shares changed hands during mid-day trading, an increase of 224% from the previous session's volume of 6,865 shares.The stock last traded at $300.78 and had previously closed at $300.87.

Analyst Ratings Changes

BESIY has been the subject of several research analyst reports. Zacks Research upgraded shares of BE Semiconductor Industries to a "strong-buy" rating in a research note on Thursday, April 23rd. Citigroup reiterated a "neutral" rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 20th. Morgan Stanley reiterated an "overweight" rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 13th. Berenberg Bank upgraded shares of BE Semiconductor Industries to a "hold" rating in a research note on Monday, February 23rd. Finally, Kepler Capital Markets lowered shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".

BE Semiconductor Industries Stock Down 1.5%

The firm's 50 day moving average price is $236.83 and its two-hundred day moving average price is $196.57. The company has a debt-to-equity ratio of 1.22, a quick ratio of 4.88 and a current ratio of 5.55. The company has a market cap of $21.50 billion, a P/E ratio of 134.16 and a beta of 1.96.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. BE Semiconductor Industries had a net margin of 24.02% and a return on equity of 40.69%. The business had revenue of $216.51 million during the quarter, compared to the consensus estimate of $220.77 million. Equities research analysts anticipate that BE Semiconductor Industries NV will post 4.46 EPS for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV OTCMKTS: BESIY, commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI's platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.

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