Amtech Systems (NASDAQ:ASYS) issued its quarterly earnings results on Thursday. The semiconductor company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.12, Morningstar.com reports. The firm had revenue of $29.50 million during the quarter, compared to the consensus estimate of $27.70 million. Amtech Systems had a return on equity of 8.53% and a net margin of 3.01%. Amtech Systems’s revenue for the quarter was down 59.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.42 earnings per share. Amtech Systems updated its Q1 2019 guidance to EPS.
Shares of Amtech Systems stock traded down $0.04 on Friday, reaching $5.11. 2,581 shares of the company were exchanged, compared to its average volume of 54,158. The company has a current ratio of 2.75, a quick ratio of 2.21 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $74.27 million, a price-to-earnings ratio of 9.04 and a beta of 2.35. Amtech Systems has a 1-year low of $4.03 and a 1-year high of $10.67.
Several institutional investors have recently made changes to their positions in ASYS. WealthTrust Axiom LLC raised its position in shares of Amtech Systems by 19.9% during the 4th quarter. WealthTrust Axiom LLC now owns 62,150 shares of the semiconductor company’s stock worth $281,000 after purchasing an additional 10,328 shares during the period. BlackRock Inc. raised its position in shares of Amtech Systems by 186.0% during the 2nd quarter. BlackRock Inc. now owns 153,457 shares of the semiconductor company’s stock worth $929,000 after purchasing an additional 99,807 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Amtech Systems by 19.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 180,101 shares of the semiconductor company’s stock worth $962,000 after purchasing an additional 29,050 shares during the period. Ancora Advisors LLC raised its position in shares of Amtech Systems by 116.5% during the 3rd quarter. Ancora Advisors LLC now owns 281,760 shares of the semiconductor company’s stock worth $1,505,000 after purchasing an additional 151,605 shares during the period. Finally, Royce & Associates LP raised its position in shares of Amtech Systems by 1.5% during the 3rd quarter. Royce & Associates LP now owns 1,144,387 shares of the semiconductor company’s stock worth $6,111,000 after purchasing an additional 16,465 shares during the period. Institutional investors and hedge funds own 56.46% of the company’s stock.
Amtech Systems Company Profile
Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating solar cells, light-emitting diodes (LEDs), and semiconductor devices in the United States, Europe, China, Malaysia, Taiwan, Germany, the Netherlands, France, and internationally. The company operates through three segments: Solar, Semiconductor, and Polishing.
Featured Story: Determine Your Level of Risk Tolerance
Receive News & Ratings for Amtech Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amtech Systems and related companies with MarketBeat.com's FREE daily email newsletter.