ASM International NV (OTCMKTS:ASMIY) Given Average Rating of “Buy” by Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have received an average rating of “Buy” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and three have issued a strong buy recommendation on the company.

ASMIY has been the topic of several recent analyst reports. Rothschild Redb cut ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Jefferies Financial Group downgraded shares of ASM International from a “hold” rating to a “moderate sell” rating in a report on Tuesday. Zacks Research upgraded shares of ASM International from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research report on Wednesday, September 24th. Finally, Citigroup reissued a “buy” rating on shares of ASM International in a research report on Tuesday, October 7th.

ASM International Stock Performance

ASMIY stock opened at $781.52 on Friday. The business has a 50-day simple moving average of $618.45 and a two-hundred day simple moving average of $582.90. The company has a market capitalization of $38.36 billion, a P/E ratio of 43.25 and a beta of 1.87. ASM International has a 52-week low of $372.61 and a 52-week high of $793.50.

ASM International (OTCMKTS:ASMIY) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $4.90 EPS for the quarter, topping the consensus estimate of $4.74 by $0.16. The firm had revenue of $932.68 million during the quarter, compared to the consensus estimate of $814.93 million. ASM International had a return on equity of 21.55% and a net margin of 24.50%. As a group, sell-side analysts forecast that ASM International will post 14.46 earnings per share for the current fiscal year.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.