BE Semiconductor Industries NV (OTCMKTS:BESIY) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts hold a consensus “Buy” rating on BE Semiconductor Industries, with five buy, two strong-buy, and two hold recommendations among nine brokerages. Recent upgrades came from Zacks Research and Berenberg Bank.
• BESIY shares opened at $218.83, below their 50-day and 200-day moving averages of $249.61 and $267.61, respectively. The stock has a 52-week range of $128.80 to $374.33 and a market capitalization of approximately $15.87 billion.
• In its latest quarter, the company reported $1.29 in earnings per share, slightly missing estimates, while revenue of $290.52 million exceeded expectations. Analysts expect full-year earnings per share of $4.83.

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) has received a consensus rating of "Buy" from the nine brokerages that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

BESIY has been the topic of several recent research reports. Zacks Research upgraded BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. Morgan Stanley reaffirmed an "overweight" rating on shares of BE Semiconductor Industries in a research note on Tuesday. Finally, Berenberg Bank upgraded BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th.

BE Semiconductor Industries Stock Performance

Shares of BESIY stock opened at $218.83 on Friday. The company has a quick ratio of 3.73, a current ratio of 4.28 and a debt-to-equity ratio of 0.60. The company has a 50 day moving average price of $249.61 and a 200-day moving average price of $267.61. BE Semiconductor Industries has a 52 week low of $128.80 and a 52 week high of $374.33. The firm has a market capitalization of $15.87 billion, a PE ratio of 71.75 and a beta of 1.99.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.01). The business had revenue of $290.52 million during the quarter, compared to the consensus estimate of $285.58 million. BE Semiconductor Industries had a return on equity of 46.44% and a net margin of 28.42%. As a group, equities research analysts expect that BE Semiconductor Industries will post 4.83 earnings per share for the current year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. (BESI) is a Netherlands-based semiconductor equipment manufacturer that develops, produces and markets systems used in the assembly and packaging of semiconductor devices. Its equipment is used by semiconductor manufacturers and outsourced semiconductor assembly and test providers to connect, protect and package semiconductor components after wafer fabrication.

The company's product portfolio includes die-attach systems, packaging equipment and related solutions for advanced semiconductor applications.

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