BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Down – What’s Next?

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $330.76, but opened at $317.00. BE Semiconductor Industries shares last traded at $313.8320, with a volume of 1,239 shares traded.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Zacks Research lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, May 15th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Get Our Latest Research Report on BE Semiconductor Industries

BE Semiconductor Industries Stock Down 5.4%

The firm has a market capitalization of $21.82 billion, a price-to-earnings ratio of 136.18 and a beta of 1.97. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.17 and a current ratio of 4.74. The business’s 50 day moving average is $320.08 and its 200-day moving average is $244.11.

BE Semiconductor Industries (OTCMKTS:BESIYGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. The company had revenue of $216.51 million during the quarter, compared to analysts’ expectations of $220.77 million. BE Semiconductor Industries had a net margin of 24.02% and a return on equity of 38.42%. Equities analysts anticipate that BE Semiconductor Industries NV will post 4.45 EPS for the current fiscal 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.

Featured Stories

Receive News & Ratings for BE Semiconductor Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BE Semiconductor Industries and related companies with MarketBeat.com's FREE daily email newsletter.