BE Semiconductor Industries NV (OTCMKTS:BESIY) Receives Consensus Recommendation of “Buy” from Brokerages

BE Semiconductor Industries NV (OTCMKTS:BESIY) has received an average recommendation of “Buy” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several research firms have recently weighed in on BESIY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Friday, May 15th. Berenberg Bank upgraded BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Zacks Research raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday.

BE Semiconductor Industries Stock Performance

Shares of BESIY opened at $218.83 on Friday. The stock has a 50-day moving average of $249.61 and a two-hundred day moving average of $267.61. BE Semiconductor Industries has a one year low of $128.80 and a one year high of $374.33. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.73 and a current ratio of 4.28. The stock has a market cap of $15.87 billion, a P/E ratio of 71.75 and a beta of 1.99.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.01). The company had revenue of $290.52 million for the quarter, compared to analyst estimates of $285.58 million. BE Semiconductor Industries had a return on equity of 46.44% and a net margin of 28.42%. As a group, research analysts predict that BE Semiconductor Industries will post 4.83 EPS for the current year.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. (BESI) is a Netherlands-based semiconductor equipment manufacturer that develops, produces and markets systems used in the assembly and packaging of semiconductor devices. Its equipment is used by semiconductor manufacturers and outsourced semiconductor assembly and test providers to connect, protect and package semiconductor components after wafer fabrication.

The company’s product portfolio includes die-attach systems, packaging equipment and related solutions for advanced semiconductor applications.