Amtech Systems, Inc. (ASYS) Reaches $9.16 52-Week High, Kerr Mcgee (KMG) Has 2 Sentiment

July 17, 2017 - By Louis Casey

KMG Chemicals, Inc. manufactures, formulates and globally distributes specialty chemicals. The company has market cap of $612.80 million. The Firm operates businesses selling electronic chemicals, industrial wood treating chemicals, and industrial valve lubricants and sealants. It has a 28.28 P/E ratio. The Firm operates through two divisions: Electronic chemicals and Other chemicals.

The stock of Amtech Systems, Inc. (NASDAQ:ASYS) hit a new 52-week high and has $9.53 target or 4.00% above today’s $9.16 share price. The 8 months bullish chart indicates low risk for the $129.54M company. The 1-year high was reported on Jul, 17 by Barchart.com. If the $9.53 price target is reached, the company will be worth $5.18 million more. About 56,153 shares traded. Amtech Systems, Inc. (NASDAQ:ASYS) has risen 41.37% since July 17, 2016 and is uptrending. It has outperformed by 24.67% the S&P500.

Analysts await Amtech Systems, Inc. (NASDAQ:ASYS) to report earnings on August, 3. They expect $-0.05 EPS, up 44.44% or $0.04 from last year’s $-0.09 per share. After $-0.11 actual EPS reported by Amtech Systems, Inc. for the previous quarter, Wall Street now forecasts -54.55% EPS growth.

Amtech Systems, Inc. is engaged in the manufacture of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, Light Emitting Diode and semiconductor devices. The company has market cap of $129.54 million. The Firm operates through three business divisions: solar, semiconductor and polishing. It currently has negative earnings. The solar segment supplies thermal processing systems, including diffusion; plasma-enhanced chemical vapor deposition (PECVD); atomic layer deposition (ALD), and related automation, parts and services to the solar/photovoltaic industry.

Among 3 analysts covering Amtech Systems (NASDAQ:ASYS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Amtech Systems has $12 highest and $5 lowest target. $8.50’s average target is -7.21% below currents $9.16 stock price. Amtech Systems had 8 analyst reports since August 9, 2015 according to SRatingsIntel. Benchmark downgraded the shares of ASYS in report on Friday, November 18 to “Hold” rating. Stifel Nicolaus maintained the shares of ASYS in report on Friday, November 20 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Friday, July 14. Zacks upgraded the shares of ASYS in report on Friday, August 21 to “Sell” rating. The rating was downgraded by Zacks on Wednesday, August 12 to “Hold”.

Investors sentiment decreased to 0.75 in Q4 2016. Its down 0.55, from 1.3 in 2016Q3. It worsened, as 5 investors sold Amtech Systems, Inc. shares while 11 reduced holdings. 5 funds opened positions while 7 raised stakes. 6.77 million shares or 2.42% less from 6.94 million shares in 2016Q3 were reported. Geode Mngmt Limited Liability Corp reported 61,882 shares or 0% of all its holdings. Walthausen & Ltd Liability Corp holds 0.11% or 276,701 shares. Kokino Ltd Liability Corp has invested 39.96% in Amtech Systems, Inc. (NASDAQ:ASYS). Blackrock Institutional Tru Na has 12,470 shares for 0% of their portfolio. Creative Planning has 0% invested in Amtech Systems, Inc. (NASDAQ:ASYS) for 500 shares. Bank Of America De holds 0% in Amtech Systems, Inc. (NASDAQ:ASYS) or 100 shares. Royal Bancshares Of Canada owns 0% invested in Amtech Systems, Inc. (NASDAQ:ASYS) for 500 shares. Jacobs Levy Equity stated it has 26,734 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 8,520 shares. Pacific Ridge Capital Ptnrs Limited Co invested 0.44% of its portfolio in Amtech Systems, Inc. (NASDAQ:ASYS). Ironwood Mngmt Limited Liability Co has 0.12% invested in Amtech Systems, Inc. (NASDAQ:ASYS). Morgan Stanley has invested 0% in Amtech Systems, Inc. (NASDAQ:ASYS). Janney Montgomery Scott Limited stated it has 0% of its portfolio in Amtech Systems, Inc. (NASDAQ:ASYS). Teton Advsrs holds 0.01% or 17,000 shares. Renaissance Ltd Company has 99,236 shares.

Since February 15, 2017, it had 0 insider purchases, and 2 sales for $90,905 activity. $40,800 worth of Amtech Systems, Inc. (NASDAQ:ASYS) was sold by KING ROBERT F. WANSEM PAUL J VAN DER sold 8,012 shares worth $50,105.

Trigran Investments Inc. holds 15.21% of its portfolio in KMG Chemicals, Inc. for 1.46 million shares. Bard Associates Inc owns 105,560 shares or 1.91% of their US portfolio. Moreover, Morgan Dempsey Capital Management Llc has 0.98% invested in the company for 87,923 shares. The Massachusetts-based Ironwood Investment Management Llc has invested 0.78% in the stock. Perritt Capital Management Inc, a Illinois-based fund reported 74,920 shares.

About 23,597 shares traded. KMG Chemicals, Inc. (KMG) has risen 169.63% since July 17, 2016 and is uptrending. It has outperformed by 152.93% the S&P500.