BE Semiconductor Industries (OTCMKTS:BESIY) Upgraded at Zacks Research

Zacks Research upgraded shares of BE Semiconductor Industries (OTCMKTS:BESIY) from a strong sell rating to a hold rating in a research report released on Tuesday,Zacks.com reports.

Other analysts have also issued reports about the company. Barclays lowered BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 3rd. Sanford C. Bernstein initiated coverage on BE Semiconductor Industries in a research note on Tuesday, June 17th. They issued an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Stock Up 3.1%

OTCMKTS:BESIY opened at $169.84 on Tuesday. The stock’s 50-day simple moving average is $144.71 and its 200 day simple moving average is $133.16. The company has a quick ratio of 5.05, a current ratio of 5.73 and a debt-to-equity ratio of 1.47. BE Semiconductor Industries has a twelve month low of $88.02 and a twelve month high of $174.45.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its quarterly earnings data on Thursday, July 24th. The technology company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.04). The business had revenue of $173.78 million during the quarter, compared to analyst estimates of $150.33 million. BE Semiconductor Industries had a net margin of 28.10% and a return on equity of 36.83%. Equities analysts predict that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.