ASM International (ASMIY) Projected to Post Quarterly Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) is expected to issue its results before the market opens on Tuesday, October 28th. Analysts expect the company to announce earnings of $4.74 per share and revenue of $814.9310 million for the quarter.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $3.99 EPS for the quarter, missing the consensus estimate of $4.75 by ($0.76). The company had revenue of $979.62 million for the quarter, compared to analysts’ expectations of $966.88 million. ASM International had a net margin of 16.36% and a return on equity of 20.14%. On average, analysts expect ASM International to post $14 EPS for the current fiscal year and $20 EPS for the next fiscal year.

ASM International Stock Up 0.4%

ASMIY opened at $636.51 on Tuesday. The business has a 50 day moving average price of $548.68 and a two-hundred day moving average price of $541.83. The company has a market cap of $31.25 billion, a PE ratio of 54.03 and a beta of 1.95. ASM International has a 52 week low of $372.61 and a 52 week high of $660.67.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ASMIY shares. Citigroup restated a “buy” rating on shares of ASM International in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research report on Wednesday, September 24th. Zacks Research upgraded shares of ASM International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 23rd. Finally, Jefferies Financial Group downgraded shares of ASM International to a “hold” rating in a research report on Thursday, June 26th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $561.00.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.