BE Semiconductor Industries (BESIY) Expected to Release Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is projected to post its results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $1.43 per share and revenue of $314.17 million for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.29 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 company had revenue of $290.52 million for the quarter, compared to analyst estimates of $285.58 million. On average, analysts expect BE Semiconductor Industries to post $4.83 EPS for the current fiscal year and $7.45 EPS for the next fiscal year.

BE Semiconductor Industries Trading Down 1.6%

Shares of OTCMKTS BESIY opened at $174.58 on Wednesday. The company has a quick ratio of 3.73, a current ratio of 4.28 and a debt-to-equity ratio of 0.60. BE Semiconductor Industries has a 12 month low of $140.07 and a 12 month high of $374.33. The company has a market cap of $12.66 billion, a price-to-earnings ratio of 57.24 and a beta of 1.99. The business has a fifty day simple moving average of $220.07 and a 200-day simple moving average of $266.37.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BESIY. UBS Group downgraded shares of BE Semiconductor Industries from a “buy” rating to a “sell” rating in a report on Wednesday, October 7th. Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, September 8th. Berenberg Bank upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Finally, Zacks Research downgraded shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. (BESI) is a Netherlands-based manufacturer of semiconductor assembly equipment. The company develops and supplies systems used to package semiconductor devices after wafer fabrication, helping customers assemble, connect, protect and test chips for use in electronic products.

BESI’s product portfolio includes die-attach equipment, packaging systems, molding equipment and singulation systems. Its technologies support applications such as advanced semiconductor packaging, flip-chip assembly, thermo-compression bonding and hybrid bonding, which are used in products requiring higher performance, smaller dimensions and improved power efficiency.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI serves semiconductor manufacturers and assembly and test providers worldwide.