FY2022 EPS Estimates for ASM International NV Increased by Analyst (OTCMKTS:ASMIY)

ASM International NV (OTCMKTS:ASMIYGet Rating) – Jefferies Financial Group lifted their FY2022 earnings per share (EPS) estimates for shares of ASM International in a report released on Wednesday, September 7th. Jefferies Financial Group analyst J. Menon now anticipates that the company will post earnings of $13.59 per share for the year, up from their prior forecast of $13.45. The consensus estimate for ASM International’s current full-year earnings is $13.45 per share. Jefferies Financial Group also issued estimates for ASM International’s FY2023 earnings at $16.86 EPS, FY2024 earnings at $19.99 EPS and FY2025 earnings at $21.78 EPS.

ASM International (OTCMKTS:ASMIYGet Rating) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.48. ASM International had a return on equity of 23.83% and a net margin of 29.12%. The company had revenue of $596.07 million during the quarter, compared to analysts’ expectations of $562.77 million.

Separately, UBS Group lowered their target price on ASM International from €400.00 ($408.16) to €370.00 ($377.55) and set a “buy” rating for the company in a report on Thursday, July 21st. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $381.00.

ASM International Trading Up 0.3 %

Shares of ASMIY stock opened at $276.50 on Thursday. ASM International has a twelve month low of $201.38 and a twelve month high of $497.06. The stock has a market capitalization of $13.43 billion, a price-to-earnings ratio of 22.03 and a beta of 1.66. The stock has a fifty day simple moving average of $273.10 and a two-hundred day simple moving average of $297.48.

About ASM International

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ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials that are used to produce semiconductor devices in the United States, Europe, and Asia. Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, and batch diffusion/furnace systems, as well as provides spare parts and support services.

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