BE Semiconductor Industries NV (OTCMKTS:BESIY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• BE Semiconductor Industries has a consensus “Moderate Buy” rating from nine analysts: five recommend buying, three advise holding, and one rates it a strong buy. Recent actions included a Zacks downgrade to hold, a Berenberg upgrade to strong buy, and Morgan Stanley maintaining an overweight rating.
• The stock opened at $214.76, below its 50-day and 200-day moving averages of $230.93 and $267.97, respectively. It has a market capitalization of $15.57 billion, a P/E ratio of 70.41, and a 52-week range of $140.07 to $374.33.
• In its latest quarter, Besi reported EPS of $1.29, narrowly missing the $1.30 consensus estimate, while revenue of $290.52 million exceeded expectations of $285.58 million. Analysts expect full-year EPS of $4.83.

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) has received a consensus rating of "Moderate Buy" from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages recently issued reports on BESIY. Zacks Research downgraded BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 25th. Berenberg Bank upgraded BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Finally, Morgan Stanley restated an "overweight" rating on shares of BE Semiconductor Industries in a research note on Tuesday, September 8th.

BE Semiconductor Industries Stock Performance

BE Semiconductor Industries stock opened at $214.76 on Wednesday. The firm's 50 day simple moving average is $230.93 and its 200 day simple moving average is $267.97. The company has a current ratio of 4.28, a quick ratio of 3.73 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $15.57 billion, a PE ratio of 70.41 and a beta of 1.99. BE Semiconductor Industries has a 1-year low of $140.07 and a 1-year high of $374.33.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.01). The firm had revenue of $290.52 million during the quarter, compared to analysts' expectations 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, analysts expect that BE Semiconductor Industries will post 4.83 earnings per share for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. (Besi) is a Netherlands-based manufacturer of semiconductor assembly equipment. The company develops and supplies systems used to assemble, package, and finish semiconductor devices after wafer fabrication.

Besi's product portfolio includes die-attach equipment, packaging systems, molding and singulation equipment, plating systems, and related solutions for advanced semiconductor packaging. Its technologies support applications such as flip-chip, wafer-level packaging, thermo-compression bonding, and hybrid bonding, which are used in electronics, communications, automotive, computing, and other semiconductor markets.

Founded in 1995 and headquartered in Duiven, the Netherlands, Besi serves semiconductor manufacturers and assembly and test providers worldwide.

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