BE Semiconductor Industries NV (OTCMKTS:BESIY) Short Interest Update

Key Points

• Short interest fell 41.8% in August to 2,411 shares, representing 0.0% of BESIY’s stock and a days-to-cover ratio of just 0.1.
• The stock opened at $225.97, below its 50-day and 200-day moving averages, while trading at a market capitalization of $16.39 billion and a P/E ratio of 74.09.
• Analyst sentiment remains positive, with Berenberg and Zacks upgrading the shares to “strong buy”; MarketBeat’s consensus rating is “Buy.”

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,411 shares, a decline of 41.8% from the July 30th total of 4,143 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 16,164 shares, the days-to-cover ratio is presently 0.1 days.

BE Semiconductor Industries Price Performance

Shares of BESIY stock opened at $225.97 on Monday. The stock's 50 day simple moving average is $270.22 and its 200 day simple moving average is $267.20. BE Semiconductor Industries has a twelve month low of $122.81 and a twelve month high of $374.33. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.73 and a current ratio of 4.28. The company has a market capitalization of $16.39 billion, a price-to-earnings ratio of 74.09 and a beta of 2.01.

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

Analyst Upgrades and Downgrades

Several research firms have commented on BESIY. Berenberg Bank raised shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Zacks Research upgraded shares of BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of BE Semiconductor Industries in a report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy".

BE Semiconductor Industries Company Profile

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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