BE Semiconductor Industries (OTCMKTS:BESIY) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

BE Semiconductor Industries Trading Down 8.0%

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

Wall Street Analyst Weigh In

BESIY has been the topic of several research reports. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a report on Tuesday, January 6th. Citigroup reaffirmed a “neutral” rating on shares of BE Semiconductor Industries in a report on Tuesday, January 20th. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 13th. Kepler Capital Markets cut BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of BE Semiconductor Industries in a report on Sunday, January 4th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About BE Semiconductor Industries

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.