ASM International (ASMIY) Expected to Announce Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) is expected to be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect ASM International to post earnings of $4.14 per share and revenue of $865.31 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

ASM International Trading Down 1.1 %

ASM International stock opened at $588.40 on Monday. ASM International has a twelve month low of $510.81 and a twelve month high of $813.23. The stock’s fifty day simple moving average is $594.18 and its 200-day simple moving average is $596.28. The firm has a market capitalization of $28.88 billion, a P/E ratio of 48.67 and a beta of 1.60.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas initiated coverage on shares of ASM International in a research note on Tuesday, December 3rd. They set a “neutral” rating and a $561.00 target price for the company.

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.