ASM International (ASMIY) to Release Quarterly Earnings on Tuesday

by · The Cerbat Gem

ASM International (OTCMKTS:ASMIY – Get Free Report) is projected to issue its results before the market opens on Tuesday, March 3rd. Analysts expect the company to announce earnings of $3.14 per share for the quarter.

ASM International Stock Up 0.8%

Shares of OTCMKTS:ASMIY opened at $846.83 on Friday. ASM International has a 52-week low of $372.61 and a 52-week high of $877.36. The stock’s fifty day simple moving average is $768.01 and its 200-day simple moving average is $642.87. The company has a market capitalization of $41.57 billion, a P/E ratio of 46.86 and a beta of 1.91.

Analysts Set New Price Targets

ASMIY has been the topic of a number of recent research reports. Jefferies Financial Group lowered ASM International from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, February 18th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research note on Friday, January 16th. BNP Paribas Exane upgraded ASM International to an “outperform” rating in a report on Monday, February 2nd. Rothschild & Co Redburn cut ASM International from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on ASM International

ASM International Company Profile

(Get Free Report)

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.

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