ASM International (OTCMKTS:ASMIY) Now Covered by BNP Paribas

Stock analysts at BNP Paribas initiated coverage on shares of ASM International (OTCMKTS:ASMIY) in a research note issued on Tuesday, Marketbeat.com reports. The brokerage set a “neutral” rating and a $561.00 price target on the stock. BNP Paribas’ price target points to a potential upside of 4.27% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. Berenberg Bank upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd. Citigroup upgraded shares of ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd.

ASM International Stock Performance

Shares of ASMIY stock opened at $538.04 on Tuesday. ASM International has a 52-week low of $465.65 and a 52-week high of $813.23. The stock has a market cap of $26.54 billion, a price-to-earnings ratio of 44.50 and a beta of 1.61. The firm has a fifty day moving average of $573.44 and a 200-day moving average of $652.21.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $2.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.21 by ($1.23). ASM International had a net margin of 19.98% and a return on equity of 17.38%. The business had revenue of $855.69 million during the quarter. On average, sell-side analysts predict that ASM International will post 14.46 earnings per share for the current year.

ASM International Company Profile

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.