BE Semiconductor Industries (OTCMKTS:BESIY) Upgraded at Hsbc Global Res

Hsbc Global Res upgraded shares of BE Semiconductor Industries (OTCMKTS:BESIY - Free Report) from a moderate sell rating to a hold rating in a research note published on Monday, April 28th,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Needham & Company LLC lowered BE Semiconductor Industries from a "moderate buy" rating to a "hold" rating in a research note on Monday, January 13th. UBS Group raised shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Finally, HSBC raised shares of BE Semiconductor Industries from a "reduce" rating to a "hold" rating in a research note on Monday, April 28th.

BE Semiconductor Industries Price Performance

BESIY stock traded up $2.69 during trading on Monday, reaching $112.99. The company's stock had a trading volume of 2,650 shares, compared to its average volume of 4,733. The company's fifty day moving average is $108.03 and its 200-day moving average is $120.94. The company has a market capitalization of $8.19 billion, a P/E ratio of 45.38 and a beta of 1.80. BE Semiconductor Industries has a 1 year low of $88.02 and a 1 year high of $185.00. The company has a quick ratio of 6.12, a current ratio of 6.86 and a debt-to-equity ratio of 1.13.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.08). The company had revenue of $165.45 million during the quarter, compared to analysts' expectations of $162.96 million. BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. On average, research analysts expect that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 28th will be issued a dividend of $2.0024 per share. The ex-dividend date is Monday, April 28th. This is a boost from BE Semiconductor Industries's previous dividend of $1.94. BE Semiconductor Industries's payout ratio is presently 86.83%.

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.