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

BE Semiconductor Industries NV (OTCMKTS:BESIY) has been assigned an average rating of “Buy” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company.

BESIY has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, September 8th. Berenberg Bank upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Finally, Zacks Research raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th.

BE Semiconductor Industries Stock Performance

Shares of OTCMKTS:BESIY opened at $215.15 on Friday. The company has a market capitalization of $15.60 billion, a price-to-earnings ratio of 70.54 and a beta of 1.99. The firm’s 50 day simple moving average is $241.62 and its 200 day simple moving average is $266.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.28 and a quick ratio of 3.73. BE Semiconductor Industries has a fifty-two week low of $140.07 and a fifty-two week high of $374.33.

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