BE Semiconductor Industries NV (OTCMKTS:BESIY – Get Free Report)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $177.41, but opened at $168.01. BE Semiconductor Industries shares last traded at $173.7330, with a volume of 528 shares changing hands.
Analysts Set New Price Targets
Several brokerages recently issued reports on BESIY. UBS Group downgraded shares of BE Semiconductor Industries from a “buy” rating to a “sell” rating in a research note on Wednesday, October 7th. 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. Zacks Research downgraded BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, September 25th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on BESIY
BE Semiconductor Industries Price Performance
The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.73 and a current ratio of 4.28. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 57.29 and a beta of 1.99. The company’s fifty day moving average is $221.80 and its two-hundred day moving average is $266.68.
BE Semiconductor Industries (OTCMKTS:BESIY – Get Free Report) last announced its quarterly earnings results 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 company 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 NV will post 4.83 EPS for the current 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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