ASM International NV (OTCMKTS:ASMIY) Receives Average Rating of "Hold" from Analysts

Shares of ASM International NV (OTCMKTS:ASMIY - Get Free Report) have earned an average rating of "Hold" from the seven research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $341.50.

Separately, Sanford C. Bernstein downgraded shares of ASM International from an "outperform" rating to a "market perform" rating in a research report on Friday, July 28th.

Check Out Our Latest Stock Analysis on ASM International

OTCMKTS ASMIY opened at $477.37 on Tuesday. ASM International has a 1-year low of $206.20 and a 1-year high of $499.75. The company has a market capitalization of $23.55 billion, a PE ratio of 35.89 and a beta of 1.70. The firm's fifty day simple moving average is $446.61 and its 200-day simple moving average is $398.37.

ASM International (OTCMKTS:ASMIY - Get Free Report) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $3.52 earnings per share for the quarter. ASM International had a net margin of 23.29% and a return on equity of 23.88%. The business had revenue of $728.42 million for the quarter.

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 the United States, Europe, and Asia. Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, silicon carbide, vertical furnace systems, and low pressure chemical vapor deposition and diffusion products, as well as provides spare parts and support services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider ASM International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASM International wasn't on the list.

While ASM International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.