BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Down - Time to Sell?

Key Points

• BE Semiconductor Industries (OTCMKTS:BESIY) experienced a drop in share price, opening at $128.80 after closing at $132.27.
• Analysts have mixed ratings on the stock, with Barclays downgrading it to a "hold" while Kepler Capital Markets upgraded it to a "strong-buy".
• In its latest earnings report, BE Semiconductor missed analysts' EPS expectations, reporting $0.45 against a consensus of $0.49, but exceeded revenue forecasts with $173.78 million.

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $132.27, but opened at $128.80. BE Semiconductor Industries shares last traded at $128.80, with a volume of 116 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms have commented on BESIY. Barclays downgraded shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a report 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 for the company. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

BE Semiconductor Industries Stock Performance

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 firm has a market cap of $9.42 billion, a PE ratio of 56.24 and a beta of 1.88. The firm's 50 day moving average price is $139.43 and its two-hundred day moving average price is $126.15.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The technology company reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates 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 forecast that BE Semiconductor Industries NV will post 4.56 earnings per share for the current 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.

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.