BE Semiconductor Industries NV (OTCMKTS:BESIY) Receives Consensus Recommendation of “Buy” from Analysts

BE Semiconductor Industries NV (OTCMKTS:BESIYGet Free Report) has earned an average rating of “Buy” from the nine research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

Several analysts recently weighed in on the stock. Berenberg Bank raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. Zacks Research raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th.

Read Our Latest Research Report on BE Semiconductor Industries

BE Semiconductor Industries Stock Performance

Shares of BESIY stock opened at $274.40 on Tuesday. The business’s 50-day moving average price is $291.27 and its 200-day moving average price is $264.36. BE Semiconductor Industries has a 12 month low of $122.81 and a 12 month high of $374.33. The firm has a market capitalization of $19.90 billion, a price-to-earnings ratio of 89.97 and a beta of 2.01. 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:BESIYGet 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 the consensus estimate of $1.30 by ($0.01). BE Semiconductor Industries had a net margin of 28.42% and a return on equity of 46.44%. The firm had revenue of $290.52 million during the quarter, compared to analyst estimates of $285.58 million. Equities research analysts forecast that BE Semiconductor Industries will post 4.83 EPS for the current year.

BE Semiconductor Industries Company Profile

(Get Free Report)

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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Analyst Recommendations for BE Semiconductor Industries (OTCMKTS:BESIY)

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