BE Semiconductor Industries (OTCMKTS:BESIY) Reaches New 12-Month High – Should You Buy?

BE Semiconductor Industries NV (OTCMKTS:BESIYGet Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $195.07 and last traded at $192.00, with a volume of 1218 shares changing hands. The stock had previously closed at $189.9450.

Analyst Ratings Changes

Several research analysts recently weighed in on BESIY shares. Kepler Capital Markets downgraded BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Zacks Research raised BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 14th. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a research note on Tuesday, January 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a research note on Wednesday, October 15th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BE Semiconductor Industries presently has a consensus rating of “Moderate Buy”.

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BE Semiconductor Industries Stock Performance

The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $13.92 billion, a PE ratio of 94.58 and a beta of 1.82. The firm has a 50 day moving average price of $159.51 and a 200-day moving average price of $151.85.

BE Semiconductor Industries (OTCMKTS:BESIYGet Free Report) last issued its earnings results on Thursday, October 23rd. The technology company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. BE Semiconductor Industries had a return on equity of 33.98% and a net margin of 25.42%.The firm had revenue of $154.12 million for the quarter, compared to analyst estimates of $160.84 million. Research analysts expect that BE Semiconductor Industries NV will post 4.56 EPS for the current fiscal year.

About BE Semiconductor Industries

(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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