BE Semiconductor Industries NV (OTCMKTS:BESIY) Sees Significant Growth in Short Interest

BE Semiconductor Industries NV (OTCMKTS:BESIY) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 5,466 shares, a growth of 86.9% from the June 30th total of 2,924 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 21,611 shares, the short-interest ratio is currently 0.3 days.

BE Semiconductor Industries Stock Up 0.5%

OTCMKTS BESIY opened at $229.88 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.74 and a quick ratio of 4.17. BE Semiconductor Industries has a 1 year low of $122.81 and a 1 year high of $374.33. The stock has a market capitalization of $16.67 billion, a PE ratio of 75.37 and a beta of 1.97. The business’s 50-day moving average is $306.28 and its 200 day moving average is $259.53.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.01). BE Semiconductor Industries had a net margin of 28.42% and a return on equity of 51.09%. The business had revenue of $290.52 million for the quarter, compared to the consensus estimate of $285.58 million. Sell-side analysts forecast that BE Semiconductor Industries will post 4.83 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, May 15th. Finally, Zacks Research upgraded BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Company Profile

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.