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

Shares of ASM International NV (OTCMKTS:ASMIY) have been given an average rating of “Buy” by the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and three have given a strong buy recommendation to the company.

Several research analysts recently weighed in on ASMIY shares. Zacks Research upgraded ASM International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research note on Wednesday, September 24th. Rothschild Redb lowered shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Citigroup reissued a “buy” rating on shares of ASM International in a report on Tuesday, October 7th.

ASM International Stock Performance

OTCMKTS:ASMIY opened at $610.70 on Wednesday. The firm’s fifty day moving average is $609.67 and its two-hundred day moving average is $573.59. The firm has a market cap of $29.98 billion, a price-to-earnings ratio of 33.80 and a beta of 1.90. ASM International has a one year low of $372.61 and a one year high of $661.33.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings data on Tuesday, October 28th. The company reported $4.90 earnings per share for the quarter, beating analysts’ consensus estimates of $4.74 by $0.16. ASM International had a return on equity of 21.55% and a net margin of 24.50%.The business had revenue of $932.68 million during the quarter, compared to analyst estimates of $814.93 million. As a group, equities research analysts predict that ASM International will post 14.46 earnings per share for the current fiscal year.

About ASM International

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.