ASM International (ASMIY) Projected to Post Quarterly Earnings on Tuesday

ASM International (OTCMKTS:ASMIY - Get Free Report) will likely be announcing its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $4.14 per share and revenue of $865.31 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

ASM International Trading Down 1.1 %

Shares of ASMIY stock traded down $6.81 on Friday, reaching $588.40. 2,403 shares of the company's stock were exchanged, compared to its average volume of 7,368. ASM International has a 52 week low of $510.81 and a 52 week high of $813.23. The stock has a market capitalization of $28.88 billion, a PE ratio of 48.67 and a beta of 1.60. The company's fifty day simple moving average is $594.18 and its 200 day simple moving average is $596.33.

Analysts Set New Price Targets

Separately, BNP Paribas initiated coverage on ASM International in a research note on Tuesday, December 3rd. They set a "neutral" rating and a $561.00 price target for the company.

ASM International Company Profile

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.