ASM International NV (OTCMKTS:ASMIY) Given Consensus Recommendation of “Moderate Buy” by Analysts

ASM International NV (OTCMKTS:ASMIY) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and one has issued a strong buy rating on the company.

Several research analysts recently weighed in on ASMIY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Zacks Research upgraded shares of ASM International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 25th. Citigroup restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Finally, Jefferies Financial Group cut shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th.

ASM International Stock Performance

ASM International stock opened at $1,040.77 on Wednesday. ASM International has a fifty-two week low of $463.86 and a fifty-two week high of $1,083.97. The stock has a market cap of $50.87 billion, a PE ratio of 44.44 and a beta of 2.01. The firm’s 50-day simple moving average is $956.95 and its 200 day simple moving average is $810.73.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, topping the consensus estimate of $4.58 by $1.29. ASM International had a net margin of 31.07% and a return on equity of 20.41%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $944.69 million. As a group, analysts predict that ASM International will post 26.12 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.