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

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 400 shares, a decrease of 87.9% from the May 15th total of 3,300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is presently 0.2 days.

BE Semiconductor Industries Price Performance

BESIY remained flat at $130.56 during trading on Thursday. The company had a trading volume of 201 shares, compared to its average volume of 3,945. The stock has a 50 day simple moving average of $115.08 and a 200 day simple moving average of $122.60. The company has a market capitalization of $9.47 billion, a price-to-earnings ratio of 52.43 and a beta of 1.79. BE Semiconductor Industries has a twelve month low of $88.02 and a twelve month high of $185.00. The company has a current ratio of 6.86, a quick ratio of 6.12 and a debt-to-equity ratio of 1.13.

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

BE Semiconductor Industries Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 5th. Shareholders of record on Monday, April 28th were issued a $2.0024 dividend. The ex-dividend date of this dividend was Monday, April 28th. This is a boost from BE Semiconductor Industries's previous dividend of $1.94. BE Semiconductor Industries's payout ratio is currently 86.83%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BESIY shares. Kepler Capital Markets upgraded BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. Hsbc Global Res upgraded BE Semiconductor Industries from a "moderate sell" rating to a "hold" rating in a research note on Monday, April 28th. Finally, HSBC upgraded BE Semiconductor Industries from a "reduce" rating to a "hold" rating in a research note on Monday, April 28th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to MarketBeat.com, BE Semiconductor Industries currently has an average rating of "Moderate Buy".

BE Semiconductor Industries Company Profile

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.