ASM International NV (OTCMKTS:ASMIY) Receives Average Recommendation of “Moderate Buy” from Analysts

ASM International NV (OTCMKTS:ASMIY) has been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and two have given a strong buy rating to the company.

A number of research firms recently issued reports on ASMIY. Jefferies Financial Group downgraded shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, February 18th. Barclays reiterated an “overweight” rating on shares of ASM International in a research note on Monday, January 26th. Citigroup reissued a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. BNP Paribas Exane upgraded ASM International to an “outperform” rating in a research note on Monday, February 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a report on Friday, January 16th.

ASM International Stock Performance

ASMIY opened at $745.33 on Friday. ASM International has a 12-month low of $372.61 and a 12-month high of $877.36. The firm has a market capitalization of $36.59 billion, a PE ratio of 43.56 and a beta of 1.91. The firm has a 50 day moving average of $818.59 and a two-hundred day moving average of $688.17.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings data on Tuesday, March 3rd. The company reported $4.02 EPS for the quarter, beating the consensus estimate of $3.37 by $0.65. The business had revenue of $808.18 million for the quarter, compared to the consensus estimate of $815.67 million. ASM International had a net margin of 23.51% and a return on equity of 19.77%. As a group, analysts predict that ASM International will post 14.46 EPS 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.