Shares of Semiconductor Manufacturing Int’l (NYSE:SMI) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

A number of research analysts recently commented on the stock. ValuEngine upgraded shares of Semiconductor Manufacturing Int’l from a “hold” rating to a “buy” rating in a research note on Thursday, August 9th. Morgan Stanley lowered shares of Semiconductor Manufacturing Int’l from an “overweight” rating to an “equal weight” rating in a research note on Monday, August 13th. Finally, Zacks Investment Research lowered shares of Semiconductor Manufacturing Int’l from a “buy” rating to a “hold” rating in a research note on Thursday, November 15th.

SMI traded down $0.01 on Friday, reaching $4.54. The company had a trading volume of 5,157 shares, compared to its average volume of 217,514. Semiconductor Manufacturing Int’l has a fifty-two week low of $3.74 and a fifty-two week high of $8.70. The firm has a market cap of $4.34 billion, a P/E ratio of 22.70, a price-to-earnings-growth ratio of 62.27 and a beta of 0.32. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.82 and a current ratio of 2.10.

Semiconductor Manufacturing Int’l (NYSE:SMI) last announced its quarterly earnings results on Wednesday, November 7th. The semiconductor company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03. Semiconductor Manufacturing Int’l had a net margin of 4.06% and a return on equity of 1.87%. The business had revenue of $850.66 million for the quarter, compared to analyst estimates of $846.44 million. During the same quarter in the prior year, the business earned $0.03 EPS. Semiconductor Manufacturing Int’l’s quarterly revenue was up 10.5% on a year-over-year basis. As a group, equities analysts forecast that Semiconductor Manufacturing Int’l will post 0.08 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of SMI. Bank of Montreal Can boosted its holdings in Semiconductor Manufacturing Int’l by 28.4% in the 2nd quarter. Bank of Montreal Can now owns 260,884 shares of the semiconductor company’s stock valued at $1,696,000 after purchasing an additional 57,749 shares during the period. Opera Trading Capital acquired a new position in Semiconductor Manufacturing Int’l during the 2nd quarter worth approximately $650,000. Northern Trust Corp increased its position in Semiconductor Manufacturing Int’l by 13.4% during the 2nd quarter. Northern Trust Corp now owns 100,692 shares of the semiconductor company’s stock worth $654,000 after purchasing an additional 11,932 shares in the last quarter. Finally, Highbridge Capital Management LLC acquired a new position in Semiconductor Manufacturing Int’l during the 3rd quarter worth approximately $271,000. 0.49% of the stock is owned by hedge funds and other institutional investors.

About Semiconductor Manufacturing Int’l

Semiconductor Manufacturing International Corporation, an investment holding company, engages in the computer-aided design, manufacture, testing, packaging, and trading of integrated circuits (IC) and other semiconductor services. The company offers various types of semiconductors, including logic, mixed-signal and radio frequency, power IC, microprocessor, memory related, optoelectronics, other sensors, discrete, and others.

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Analyst Recommendations for Semiconductor Manufacturing Int`l (NYSE:SMI)

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