BE Semiconductor Industries (OTCMKTS:BESIY) Announces Quarterly Earnings Results

BE Semiconductor Industries (OTCMKTS:BESIY) released its quarterly earnings data on Thursday. The technology company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01, Zacks reports. BE Semiconductor Industries had a return on equity of 33.98% and a net margin of 25.42%.

BE Semiconductor Industries Price Performance

Shares of OTCMKTS BESIY traded down $17.79 during mid-day trading on Thursday, reaching $204.64. The company had a trading volume of 9,936 shares, compared to its average volume of 4,662. BE Semiconductor Industries has a one year low of $88.02 and a one year high of $224.00. The business’s 50-day simple moving average is $183.93 and its 200 day simple moving average is $162.15. The company has a quick ratio of 5.02, a current ratio of 5.75 and a debt-to-equity ratio of 1.46.

Wall Street Analysts Forecast Growth

BESIY has been the subject of a number of research analyst reports. Kepler Capital Markets cut shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. UBS Group reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, October 24th. Sanford C. Bernstein reissued an “outperform” rating on shares of BE Semiconductor Industries in a report on Sunday, January 4th. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a report on Tuesday, January 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, January 13th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average 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.