BE Semiconductor Industries (OTCMKTS:BESIY) Sees Strong Trading Volume - Should You Buy?

Key Points

• BESIY trading volume surged 131% to 22,282 shares, while the stock fell to $176.11 from a prior close of $184.00.
• Analyst opinions remain mixed, but the stock carries a consensus “Moderate Buy” rating, with one Strong Buy, four Buys, three Holds and one Sell.
• The company narrowly missed quarterly EPS expectations at $1.29 versus $1.30, though revenue exceeded estimates at $290.52 million; analysts expect full-year EPS of approximately $5.00.

BE Semiconductor Industries NV (OTCMKTS:BESIY - Get Free Report) shares saw unusually-high trading volume on Thursday. 22,282 shares were traded during trading, an increase of 131% from the previous session's volume of 9,657 shares. The stock last traded at $176.11 and had previously closed at $184.00.

Analyst Upgrades and Downgrades

BESIY has been the subject of a number of research reports. Morgan Stanley reissued an "overweight" rating on shares of BE Semiconductor Industries in a report on Tuesday, September 8th. Zacks Research downgraded shares of BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, September 25th. 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. Finally, UBS Group lowered shares of BE Semiconductor Industries from a "buy" rating to a "sell" rating in a research report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, BE Semiconductor Industries currently has a consensus rating of "Moderate Buy".

BE Semiconductor Industries Price Performance

The company has a market cap of $12.70 billion, a price-to-earnings ratio of 57.43 and a beta of 1.99. The company has a fifty day moving average price of $218.38 and a two-hundred day moving average price of $266.09. The company has a current ratio of 4.28, a quick ratio of 3.73 and a debt-to-equity ratio of 0.60.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $290.52 million for the quarter, compared to the consensus estimate of $285.58 million. BE Semiconductor Industries had a net margin of 28.42% and a return on equity of 46.44%. As a group, equities research analysts anticipate that BE Semiconductor Industries NV will post 5.00 EPS 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 package semiconductor devices after wafer fabrication, helping customers assemble, connect, protect and test chips for use in electronic products.

BESI's product portfolio includes die-attach equipment, packaging systems, molding equipment and singulation systems. Its technologies support applications such as advanced semiconductor packaging, flip-chip assembly, thermo-compression bonding and hybrid bonding, which are used in products requiring higher performance, smaller dimensions and improved power efficiency.

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

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