ASM International (ASMIY) to Release Quarterly Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) will likely be posting its resultson Tuesday, July 28th. Analysts expect ASM International to announce earnings of $6.45 per share and revenue of $1.1439 billion for the quarter.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $944.69 million. On average, analysts expect ASM International to post $27 EPS for the current fiscal year and $33 EPS for the next fiscal year.

ASM International Trading Down 2.4%

ASM International stock opened at $970.50 on Tuesday. ASM International has a 12-month low of $463.86 and a 12-month high of $1,248.72. The stock has a market cap of $47.44 billion, a P/E ratio of 41.44 and a beta of 1.99. The company has a 50-day moving average price of $1,067.49 and a 200 day moving average price of $914.21.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays reaffirmed an “overweight” rating on shares of ASM International in a research report on Thursday, June 11th. Zacks Research lowered ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Morgan Stanley restated an “overweight” rating on shares of ASM International in a research note on Friday. Citigroup reaffirmed a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a report on Friday, July 10th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average 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.