BE Semiconductor Industries (OTCMKTS:BESIY) Reaches New 12-Month Low – What’s Next?

BE Semiconductor Industries (OTCMKTS:BESIY) shares reached a new 52-week low on Monday . The company traded as low as $91.85 and last traded at $96.28, with a volume of 26771 shares traded. The stock had previously closed at $93.11.

Analysts Set New Price Targets

Several research firms have recently issued reports on BESIY. UBS Group raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Needham & Company LLC downgraded shares of BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th.

BE Semiconductor Industries Trading Up 3.4 %

The business has a 50 day simple moving average of $115.49 and a two-hundred day simple moving average of $123.30. The company has a current ratio of 6.86, a quick ratio of 6.12 and a debt-to-equity ratio of 1.13. The company has a market cap of $6.98 billion, a PE ratio of 38.67 and a beta of 1.75.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its earnings results on Thursday, February 20th. The technology company reported $0.79 earnings per share for the quarter. The business had revenue of $163.66 million for the quarter. BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. On average, analysts forecast that BE Semiconductor Industries will post 4.56 EPS for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 5th. Investors of record on Monday, April 28th will be issued a $2.0024 dividend. The ex-dividend date is Monday, April 28th. This is an increase from BE Semiconductor Industries’s previous dividend of $1.94. BE Semiconductor Industries’s dividend payout ratio is currently 80.32%.

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.