BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Up - Still a Buy?

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $138.77, but opened at $144.10. BE Semiconductor Industries shares last traded at $144.10, with a volume of 541 shares changing hands.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BESIY shares. Hsbc Global Res raised shares of BE Semiconductor Industries from a "moderate sell" rating to a "hold" rating in a research note on Monday, April 28th. Kepler Capital Markets upgraded BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 10th. Sanford C. Bernstein initiated coverage on BE Semiconductor Industries in a research report on Tuesday, June 17th. They issued an "outperform" rating on the stock. Finally, HSBC raised BE Semiconductor Industries from a "reduce" rating to a "hold" rating in a research note on Monday, April 28th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

BE Semiconductor Industries Stock Performance

The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 58.03 and a beta of 1.79. The company has a current ratio of 6.34, a quick ratio of 5.69 and a debt-to-equity ratio of 1.02. The firm has a 50-day moving average of $122.15 and a 200-day moving average of $123.83.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The technology company reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.08). BE Semiconductor Industries had a return on equity of 37.42% and a net margin of 29.68%. The firm had revenue of $165.45 million for the quarter, compared to analyst estimates of $162.96 million. As a group, sell-side analysts predict that BE Semiconductor Industries NV will post 4.56 earnings per share for the current year.

BE Semiconductor Industries Increases Dividend

The business also recently declared a dividend, which was paid on Monday, May 5th. Investors of record on Monday, April 28th were given a dividend of $2.0024 per share. The ex-dividend date of this dividend was Monday, April 28th. This is an increase from BE Semiconductor Industries's previous dividend of $1.94. BE Semiconductor Industries's dividend payout ratio is 86.83%.

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.

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