Needham & Company LLC Downgrades BE Semiconductor Industries (OTCMKTS:BESIY) to Hold

BE Semiconductor Industries (OTCMKTS:BESIY) was downgraded by equities research analysts at Needham & Company LLC from a “moderate buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Separately, UBS Group raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

BE Semiconductor Industries Stock Performance

Shares of BE Semiconductor Industries stock opened at $148.73 on Monday. The company has a debt-to-equity ratio of 1.13, a current ratio of 6.86 and a quick ratio of 6.12. The firm has a market cap of $10.78 billion, a price-to-earnings ratio of 61.21 and a beta of 1.72. The stock’s 50-day moving average is $131.15 and its 200-day moving average is $132.03. BE Semiconductor Industries has a one year low of $105.53 and a one year high of $195.34.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, October 24th. The technology company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $172.08 million for the quarter. BE Semiconductor Industries had a return on equity of 39.36% and a net margin of 28.93%.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.