Disco (OTCMKTS:DSCSY) Upgraded at Zacks Research

Zacks Research upgraded shares of Disco (OTCMKTS:DSCSY) from a hold rating to a strong-buy rating in a report published on Monday,Zacks.com reports.

Disco Stock Performance

Shares of OTCMKTS DSCSY opened at $48.70 on Monday. Disco has a 52 week low of $18.30 and a 52 week high of $52.99. The stock has a market capitalization of $52.83 billion, a P/E ratio of 60.88 and a beta of 1.60. The stock’s fifty day moving average is $44.63 and its 200 day moving average is $37.94.

Disco (OTCMKTS:DSCSY) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $0.25 EPS for the quarter. Disco had a return on equity of 25.92% and a net margin of 30.86%. Equities research analysts forecast that Disco will post 0.77 earnings per share for the current year.

Disco Company Profile

Disco (OTCMKTS: DSCSY) is a manufacturer of precision processing equipment and consumables for the semiconductor and electronics industries. The company’s product portfolio includes wafer dicing saws, wafer thinning and grinding systems, laser dicing equipment, polishing systems, and diamond blades and wheels, along with associated tooling and process consumables designed for high-precision cutting and surface finishing.

Disco’s products are used in critical back-end semiconductor manufacturing steps such as dicing, singulation, thinning, surface preparation and polishing across applications including IC packaging, power devices, LEDs, MEMS and sensors.