ASM International (OTCMKTS:ASMIY) Announces Earnings Results

ASM International (OTCMKTS:ASMIY) posted its quarterly earnings data on Tuesday. The company reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.14 by $0.87, Zacks reports. ASM International had a return on equity of 17.10% and a net margin of 19.98%.

ASM International Stock Performance

ASMIY traded down $0.62 during trading on Tuesday, reaching $587.78. The company had a trading volume of 4,147 shares, compared to its average volume of 3,602. ASM International has a 12-month low of $510.81 and a 12-month high of $813.23. The firm’s 50-day simple moving average is $594.54 and its 200 day simple moving average is $596.04. The company has a market cap of $28.85 billion, a price-to-earnings ratio of 48.62 and a beta of 1.60.

Analysts Set New Price Targets

Separately, BNP Paribas assumed coverage on ASM International in a research report on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 target price on the stock.

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.