BE Semiconductor Industries (OTCMKTS:BESIY) Sees Large Drop in Short Interest

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 400 shares, a drop of 87.9% from the May 15th total of 3,300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 0.2 days.

BE Semiconductor Industries Price Performance

Shares of BESIY traded up $3.02 during trading hours on Friday, hitting $145.88. 1,655 shares of the company were exchanged, compared to its average volume of 3,928. The company has a market capitalization of $10.58 billion, a PE ratio of 58.59 and a beta of 1.80. The company has a debt-to-equity ratio of 1.13, a current ratio of 6.86 and a quick ratio of 6.12. The firm has a fifty day simple moving average of $117.11 and a 200-day simple moving average of $123.04. BE Semiconductor Industries has a one year low of $88.02 and a one year high of $185.00.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The technology company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.08). The company had revenue of $165.45 million for the quarter, compared to the consensus estimate of $162.96 million. BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. As a group, sell-side analysts predict that BE Semiconductor Industries will post 4.56 earnings per share for the current year.

BE Semiconductor Industries Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 5th. Stockholders of record on Monday, April 28th were given a $2.0024 dividend. The ex-dividend date was Monday, April 28th. This is a boost from BE Semiconductor Industries's previous dividend of $1.94. BE Semiconductor Industries's dividend payout ratio (DPR) is 86.83%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on BESIY shares. HSBC raised BE Semiconductor Industries from a "reduce" rating to a "hold" rating in a research note on Monday, April 28th. Hsbc Global Res raised BE Semiconductor Industries from a "moderate sell" rating to a "hold" rating in a research note on Monday, April 28th. Finally, Kepler Capital Markets raised BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. Three equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

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.