BE Semiconductor Industries (BESIY) to Release Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is projected to post its results before the market opens on Thursday, February 19th. Analysts expect BE Semiconductor Industries to post earnings of $0.62 per share for the quarter.

BE Semiconductor Industries Stock Up 1.8%

Shares of BESIY stock opened at $205.56 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 5.75 and a quick ratio of 5.02. BE Semiconductor Industries has a 12-month low of $88.02 and a 12-month high of $210.76. The firm has a 50-day moving average price of $179.29 and a 200 day moving average price of $159.59.

Analyst Ratings Changes

A number of brokerages have recently weighed in on BESIY. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. Kepler Capital Markets lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. UBS Group reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, October 24th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of BE Semiconductor Industries in a research report on Sunday, January 4th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About BE Semiconductor Industries

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.