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

BNP Paribas started coverage on shares of ASM International (OTCMKTS:ASMIY) in a research report released on Tuesday morning, Marketbeat.com reports. The brokerage issued a neutral rating and a $561.00 target price on the stock.

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

ASM International Stock Performance

ASMIY opened at $538.00 on Tuesday. The stock has a market capitalization of $26.54 billion, a PE ratio of 44.50 and a beta of 1.61. The stock’s 50 day moving average price is $575.28 and its 200-day moving average price is $653.02. ASM International has a 52-week low of $465.65 and a 52-week high of $813.23.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $2.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.21 by ($1.23). ASM International had a net margin of 19.98% and a return on equity of 17.38%. The company had revenue of $855.69 million for the quarter. Research analysts forecast that ASM International will post 14.46 EPS 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.