ASM International (ASMIY) Projected to Post Quarterly Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) is expected to issue its results before the market opens on Tuesday, March 3rd. Analysts expect ASM International to post earnings of $3.14 per share for the quarter.

ASM International Price Performance

Shares of OTCMKTS ASMIY opened at $840.49 on Tuesday. ASM International has a 1-year low of $372.61 and a 1-year high of $875.64. The business’s 50 day moving average is $747.82 and its two-hundred day moving average is $633.78. The stock has a market capitalization of $41.26 billion, a P/E ratio of 46.51 and a beta of 1.91.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ASMIY shares. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Tuesday, January 20th. Rothschild & Co Redburn lowered shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Jefferies Financial Group downgraded shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th. Finally, BNP Paribas Exane upgraded ASM International to an “outperform” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

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.