BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Down - What's Next?

Key Points

• BE Semiconductor Industries (OTCMKTS:BESIY) experienced a significant drop in share price, gapping down from a previous close of $143.68 to $138.40 upon opening.
• Analyst ratings have varied, with HSBC and others upgrading the stock to a "hold" or "strong-buy" rating, leading to an average rating of "Moderate Buy."
• The company's recent quarterly earnings showed a miss on estimates, reporting $0.45 earnings per share against an expected $0.49, although revenue surpassed expectations at $173.78 million.

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $143.68, but opened at $138.40. BE Semiconductor Industries shares last traded at $138.40, with a volume of 332 shares.

Analyst Ratings Changes

BESIY has been the subject of several recent analyst reports. Sanford C. Bernstein initiated coverage on shares of BE Semiconductor Industries in a report on Tuesday, June 17th. They issued an "outperform" rating for the company. Hsbc Global Res raised shares of BE Semiconductor Industries from a "moderate sell" rating to a "hold" rating in a report on Monday, April 28th. Kepler Capital Markets raised shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 10th. HSBC raised shares of BE Semiconductor Industries from a "reduce" rating to a "hold" rating in a report on Monday, April 28th. Finally, Barclays cut shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, BE Semiconductor Industries presently has an average rating of "Moderate Buy".

BE Semiconductor Industries Stock Down 0.5%

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 business's 50-day moving average price is $143.58 and its 200-day moving average price is $124.78.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last issued its quarterly earnings results 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). BE Semiconductor Industries had a net margin of 28.10% and a return on equity of 36.83%. The firm had revenue of $173.78 million for the quarter, compared to analysts' expectations of $150.33 million. On average, sell-side analysts forecast that BE Semiconductor Industries NV will post 4.56 earnings per share for the current fiscal year.

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.