BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Down – Time to Sell?

BE Semiconductor Industries NV (OTCMKTS:BESIY) gapped down prior to trading on Friday . The stock had previously closed at $149.31, but opened at $141.55. BE Semiconductor Industries shares last traded at $141.55, with a volume of 5,665 shares trading hands.

Analysts Set New Price Targets

BESIY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a report on Wednesday, October 15th. UBS Group restated a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, October 24th. Finally, Zacks Research raised BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

BE Semiconductor Industries Trading Down 1.3%

The company has a debt-to-equity ratio of 1.47, a current ratio of 5.73 and a quick ratio of 5.05. The company has a market capitalization of $10.24 billion, a P/E ratio of 69.55 and a beta of 1.87. The firm has a fifty day moving average price of $157.73 and a 200-day moving average price of $143.46.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, October 23rd. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. The firm had revenue of $154.12 million during the quarter, compared to analyst estimates of $160.84 million. BE Semiconductor Industries had a return on equity of 32.72% and a net margin of 25.42%. On average, equities research analysts anticipate that BE Semiconductor Industries NV will post 4.56 earnings per share for the current year.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.