BE Semiconductor Industries (BESIY) Set to Release Earnings on Thursday

Key Points

• BE Semiconductor Industries is expected to report earnings before market open on Thursday, October 22. Analysts forecast quarterly earnings of $1.43 per share on revenue of $314.17 million.
• In the previous quarter, Besi reported $1.29 EPS, slightly below estimates, while revenue of $290.52 million exceeded expectations. Analysts project full-year EPS of $4.83 and next-year EPS of $7.45.
• Analyst sentiment remains positive but mixed, with the stock carrying a “Moderate Buy” consensus rating. Shares opened at $191.50, well below their 50-day and 200-day moving averages, after trading between $140.07 and $374.33 over the past year.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) is projected to announce its results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $1.43 per share and revenue of $314.17 million for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.01). The company had revenue of $290.52 million for the quarter, compared to analyst estimates of $285.58 million. BE Semiconductor Industries had a return on equity of 46.44% and a net margin of 28.42%. On average, analysts expect BE Semiconductor Industries to post $4.83 EPS for the current fiscal year and $7.45 EPS for the next fiscal year.

BE Semiconductor Industries Price Performance

BESIY opened at $191.50 on Thursday. The company has a 50-day moving average of $226.28 and a 200-day moving average of $267.22. The company has a market capitalization of $13.89 billion, a P/E ratio of 62.79 and a beta of 1.99. BE Semiconductor Industries has a 1-year low of $140.07 and a 1-year 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.

Analysts Set New Price Targets

Several equities analysts have recently commented on BESIY shares. UBS Group cut shares of BE Semiconductor Industries from a "buy" rating to a "sell" rating in a research report on Wednesday, October 7th. Berenberg Bank raised BE Semiconductor Industries from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 4th. Morgan Stanley restated an "overweight" rating on shares of BE Semiconductor Industries in a research note on Tuesday, September 8th. Finally, Zacks Research cut BE Semiconductor Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

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 assemble, package, and finish semiconductor devices after wafer fabrication.

Besi's product portfolio includes die-attach equipment, packaging systems, molding and singulation equipment, plating systems, and related solutions for advanced semiconductor packaging. Its technologies support applications such as flip-chip, wafer-level packaging, thermo-compression bonding, and hybrid bonding, which are used in electronics, communications, automotive, computing, and other semiconductor markets.

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

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