ASM International NV (OTCMKTS:ASMIY) Given Consensus Recommendation of “Moderate Buy” by Analysts

ASM International NV (OTCMKTS:ASMIY) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts have issued reports on the company. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 25th. Citigroup restated a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Thursday, April 23rd. 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, Barclays reaffirmed an “overweight” rating on shares of ASM International in a report on Thursday.

ASM International Price Performance

Shares of OTCMKTS:ASMIY opened at $1,164.26 on Wednesday. The company has a market capitalization of $56.91 billion, a PE ratio of 49.71 and a beta of 2.01. The business has a fifty day moving average price of $979.36 and a two-hundred day moving average price of $820.83. ASM International has a 1 year low of $463.86 and a 1 year high of $1,177.35.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings data 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. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $944.69 million. ASM International had a return on equity of 20.41% and a net margin of 31.07%. Sell-side analysts anticipate that ASM International will post 26.12 earnings per share for the current year.

About ASM International

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.