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

Key Points

• Shares gapped up Friday, opening at $301.03 versus a $282.60 close and trading up about 6% to $299.96 on light volume (2,607 shares).
• The stock has a consensus "Hold" rating (five Buys, six Holds), reflecting mixed analyst views despite recent upgrades and downgrades.
• In the most recent quarter EPS of $0.76 matched estimates while revenue of $216.5M slightly missed consensus; the company shows strong profitability (net margin ~22.3%, ROE ~32.4%) but a high valuation (PE ~160).

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $282.60, but opened at $301.0268. BE Semiconductor Industries shares last traded at $299.96, with a volume of 2,607 shares.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BESIY. Citigroup restated a "neutral" rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 20th. Needham & Company LLC upgraded shares of BE Semiconductor Industries to a "buy" rating in a research report on Tuesday, January 6th. Kepler Capital Markets cut shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 9th. Sanford C. Bernstein restated an "outperform" rating on shares of BE Semiconductor Industries in a research report on Sunday, January 4th. Finally, Berenberg Bank upgraded shares of BE Semiconductor Industries to a "hold" rating in a research report on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

BE Semiconductor Industries Trading Up 6.0%

The firm has a market capitalization of $21.67 billion, a PE ratio of 159.79 and a beta of 1.78. The company has a quick ratio of 4.88, a current ratio of 5.55 and a debt-to-equity ratio of 1.22. The business's fifty day moving average price is $226.36 and its 200 day moving average price is $190.17.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $0.76 EPS for the quarter, hitting analysts' consensus estimates of $0.76. The business had revenue of $216.51 million during the quarter, compared to the consensus estimate of $220.77 million. BE Semiconductor Industries had a net margin of 22.27% and a return on equity of 32.38%.

About BE Semiconductor Industries

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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