ASM International (OTCMKTS:ASMIY) Hits New 1-Year High – What’s Next?

ASM International NV (OTCMKTS:ASMIY) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $1,081.91 and last traded at $1,081.91, with a volume of 682 shares traded. The stock had previously closed at $1,018.16.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 25th. Jefferies Financial Group cut ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th. Finally, Citigroup reiterated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

ASM International Trading Up 0.3%

The firm has a market cap of $51.01 billion, a P/E ratio of 44.55 and a beta of 2.01. The company has a fifty day moving average price of $963.51 and a two-hundred day moving average price of $814.17.

ASM International (OTCMKTS:ASMIY) last released its earnings results on Tuesday, April 21st. The company reported $5.87 EPS for the quarter, beating the consensus estimate of $4.58 by $1.29. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $944.69 million. ASM International had a return on equity of 20.41% and a net margin of 31.07%. As a group, sell-side analysts expect that ASM International NV will post 26.12 EPS for the current year.

ASM International Company Profile

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.