ASM International NV (OTCMKTS:ASMIY) Given Average Rating of “Buy” by Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have received an average recommendation of “Buy” from the nine research firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and three have given a strong buy recommendation to the company.

ASMIY has been the subject of several recent analyst reports. Rothschild Redb downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Zacks Research upgraded shares of ASM International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Wednesday, September 24th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASM International in a report on Tuesday, October 7th.

ASM International Stock Performance

OTCMKTS:ASMIY opened at $726.80 on Friday. ASM International has a 1 year low of $372.61 and a 1 year high of $739.77. The stock has a market cap of $35.68 billion, a P/E ratio of 40.22 and a beta of 1.87. The stock has a 50-day simple moving average of $610.33 and a 200-day simple moving average of $579.62.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, October 28th. The company reported $4.90 earnings per share for the quarter, topping the consensus estimate of $4.74 by $0.16. The firm had revenue of $932.68 million during the quarter, compared to analysts’ expectations of $814.93 million. ASM International had a return on equity of 21.55% and a net margin of 24.50%. On average, equities research analysts predict that ASM International will post 14.46 EPS for the current year.

ASM International Company Profile

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.