ASM International (ASMIY) Expected to Announce Earnings on Tuesday

ASM International (OTCMKTS:ASMIY) will likely 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 that are interested in participating in the company’s earnings conference call can do so using this link.

ASM International Stock Performance

Shares of ASMIY opened at $588.40 on Monday. ASM International has a fifty-two week low of $510.81 and a fifty-two week high of $813.23. The company has a market capitalization of $28.88 billion, a price-to-earnings ratio of 48.67 and a beta of 1.60. The firm has a 50-day simple moving average of $594.18 and a 200-day simple moving average of $596.28.

Wall Street Analyst Weigh In

Separately, BNP Paribas began 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.

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.