ASM International NV (OTCMKTS:ASMIY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have issued a buy recommendation on the company.

ASMIY has been the topic of several analyst reports. Barclays reiterated an “overweight” rating on shares of ASM International in a research report on Thursday, June 11th. Zacks Research cut ASM International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Citigroup reaffirmed a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a research note on Friday.

ASM International Price Performance

ASMIY stock traded down $10.32 during midday trading on Friday, reaching $1,033.80. The company had a trading volume of 56,313 shares, compared to its average volume of 12,151. ASM International has a 1-year low of $463.86 and a 1-year high of $1,248.72. The stock has a 50 day moving average price of $1,067.50 and a 200-day moving average price of $894.93. The company has a market capitalization of $50.53 billion, a price-to-earnings ratio of 44.14 and a beta of 1.99.

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, topping analysts’ consensus estimates of $4.58 by $1.29. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $944.69 million. ASM International had a net margin of 31.07% and a return on equity of 20.41%. As a group, research analysts anticipate that ASM International will post 26.75 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.