Suess Microtec AG

SUESS MicroTec SE Formerly known as Suess MicroTec AG. SUESS MicroTec SE is a Germany-based holding company (the Group) that supplies process equipment for microstructuring in the semiconductor industry. The Group operates through four segments: Lithography, Bonder, Photomask Equipment and Others. The Lithography division develops, produces and sells the mask aligner, developer, and coater product lines, as well as ultraviolet (UV) projection and laser processing product lines. The Bonder division comprises the development, production and distribution of the substrate bonder product line. The Photomask Equipment division includes the development, manufacture and sale of HMx, ASx, MaskTrack and MaskTrack Pro product lines through SUSS MicroTec Photomask Equipment GmbH & Co KG. The Others division combines further activities of the Group in the area of micro-optics and lenses and the centralized Group functions.
  • TickerSMHN
  • ISINDE000A1K0235
  • SectorElectronic & Electrical Equipment
  • CountryGermany

Analysts

Emmanuel Matot ...
  • Stephane Houri

ODDO : How to play the arrival at the bottom in the semiconductors cycle on Q2 2019 publications?

We have probably reached the bottom of the cycle in the semiconductors sector. The slope of the recovery in H2 remains uncertain. We prefer stocks with their own specific drivers for H2 like ASML, STMicroelectronics and ams. We are downgrading our recommendation for Aixtron to Neutral (vs Buy). - >Relatively optimistic view of the Q2 2019 publications season due to arrival at the bottom in the cycle - We have a relatively optimistic view of the sector ahead of the Q2 2...

Emmanuel Matot ...
  • Stephane Houri

ODDO : Comment jouer l’arrivée du point bas du cycle semis sur la saison des publications du T2 2019 ?

Nous sommes probablement arrivés au point bas du cycle des semi-conducteurs. La pente de la reprise au S2 reste incertaine. Nous jouons les valeurs ayant des moteurs propres comme ASML, STM ou ams. Nous dégradons Aixtron à Neutre (vs Achat). - >Vision plutôt optimiste, à l'approche de la saison des publications des T2 2019, en raison de l’arrivée du point bas du cycle - Nous abordons la saison des publications du T2 2019 avec une vision plutôt positive sur le secteur. ...

Bruno Cavalier ...
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/01/2019

The trade truce is a powerful (albeit transitory) positive event for the markets. If we assume that the risk premium retraces an estimated 50% of its increase since the beginning of May, then the indices should record an increase of around 3%. But watch out, gravity will regain its natural ascendency. Overall growth continues to slow and so does EPS growth. Issues relating to the cycle will resurface and, paradoxically, the appeasing of trade tensions could remove from the Fed an argu...

Stephane Houri ...
  • Veysel Taze

ODDO : Worldwide sales for May 2019 - If this is not the low point, it sure looks like it

>Worldwide semiconductor sales in May 2019 came in a shade above our forecast ($ 33.1bn vs $ 32.4bn), -14.6% y-o-y (-13.7% in April) and -4.4% excl. memories (vs -4.3%). - Worldwide semiconductor sales for May 2019 were published at the weekend by WSTS (World Semiconductor Trade Statistics), with a month’s lag, as usual. On a three-month moving average, sales in May totalled $ 33.06bn, ahead of our forecast of $ 32.4bn. This represents a 14.6% decline on a full-year b...

Stephane Houri ...
  • Veysel Taze

ODDO : Ventes mondiales de mai 2019 – Si ce n’est pas le point bas, ça y ressemble

>Ventes mondiales de mai 2019 un peu supérieures à notre prévision (33,1 Md$ vs 32,4 Md$), en baisse yoy de 14,6% (-13,7% en avril) et de 4,4% hors mémoires (vs -4,3%) - Les ventes mondiales de semi-conducteurs de mai 2019 ont été publiées ce week-end par le WSTS (World Semiconductor Trade Statistics), comme d’habitude avec un mois de décalage. En données lissées (MM3 – Moyennes Mobiles 3 mois), elles ressortent à 33,06 Md$, au-dessus de notre prévision de 32.4 Md$. I...

Emmanuel Matot ...
  • Stephane Houri

ODDO : How to play the arrival at the bottom in the semiconductors cycle on Q2 2019 publications?

We have probably reached the bottom of the cycle in the semiconductors sector. The slope of the recovery in H2 remains uncertain. We prefer stocks with their own specific drivers for H2 like ASML, STMicroelectronics and ams. We are downgrading our recommendation for Aixtron to Neutral (vs Buy). - >Relatively optimistic view of the Q2 2019 publications season due to arrival at the bottom in the cycle - We have a relatively optimistic view of the sector ahead of the Q2 2...

Emmanuel Matot ...
  • Stephane Houri

ODDO : Comment jouer l’arrivée du point bas du cycle semis sur la saison des publications du T2 2019 ?

Nous sommes probablement arrivés au point bas du cycle des semi-conducteurs. La pente de la reprise au S2 reste incertaine. Nous jouons les valeurs ayant des moteurs propres comme ASML, STM ou ams. Nous dégradons Aixtron à Neutre (vs Achat). - >Vision plutôt optimiste, à l'approche de la saison des publications des T2 2019, en raison de l’arrivée du point bas du cycle - Nous abordons la saison des publications du T2 2019 avec une vision plutôt positive sur le secteur. ...

Stephane Houri ...
  • Veysel Taze

ODDO : Worldwide sales for May 2019 - If this is not the low point, it sure looks like it

>Worldwide semiconductor sales in May 2019 came in a shade above our forecast ($ 33.1bn vs $ 32.4bn), -14.6% y-o-y (-13.7% in April) and -4.4% excl. memories (vs -4.3%). - Worldwide semiconductor sales for May 2019 were published at the weekend by WSTS (World Semiconductor Trade Statistics), with a month’s lag, as usual. On a three-month moving average, sales in May totalled $ 33.06bn, ahead of our forecast of $ 32.4bn. This represents a 14.6% decline on a full-year b...

Stephane Houri ...
  • Veysel Taze

ODDO : Ventes mondiales de mai 2019 – Si ce n’est pas le point bas, ça y ressemble

>Ventes mondiales de mai 2019 un peu supérieures à notre prévision (33,1 Md$ vs 32,4 Md$), en baisse yoy de 14,6% (-13,7% en avril) et de 4,4% hors mémoires (vs -4,3%) - Les ventes mondiales de semi-conducteurs de mai 2019 ont été publiées ce week-end par le WSTS (World Semiconductor Trade Statistics), comme d’habitude avec un mois de décalage. En données lissées (MM3 – Moyennes Mobiles 3 mois), elles ressortent à 33,06 Md$, au-dessus de notre prévision de 32.4 Md$. I...

Stephane Houri ...
  • Veysel Taze

ODDO : April very close to our expectations, too soon to gauge the impact of the stepping up of the trade war on H2

>Decline of 14.6% in sales y-o-y in April (vs -13% in March) and of 5.9% excluding memories, very close to our estimates - Worldwide semiconductor sales for April 2019 were published at the weekend by WSTS (World Semiconductor Trade Statistics), with a month’s lag, as usual. On a three-month moving average, sales in April came to $ 32.1bn, ahead of our forecast of $ 31.7bn. This represents a -14.6% decline on a full-year basis, after -13% in March. We had been forecas...

Insider bought: A director bought 10,000 shares at 6.000EUR and

A director at Suss MicroTec Ag bought 10,000 shares at 6.000EUR and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names...

Bruno Cavalier ...
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/01/2019

The trade truce is a powerful (albeit transitory) positive event for the markets. If we assume that the risk premium retraces an estimated 50% of its increase since the beginning of May, then the indices should record an increase of around 3%. But watch out, gravity will regain its natural ascendency. Overall growth continues to slow and so does EPS growth. Issues relating to the cycle will resurface and, paradoxically, the appeasing of trade tensions could remove from the Fed an argu...

Bruno Cavalier ...
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon
  • Veysel Taze
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 01/07/2019

La trêve décidée est un évènement positif puissant mais transitoire pour les marchés. Si l’on estime que la prime de risque retrace 50% de son augmentation depuis début mai, les indices devraient enregistrer une hausse de l’ordre de 3%. Mais attention, la gravité va reprendre ses droits. La croissance globale poursuit son ralentissement et celle des BPA aussi. Les questions relatives au cycle vont refaire surface et paradoxalement l’apaisement commercial pourrait ôter à la FED un argu...

Bruno Cavalier ...
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Veysel Taze

STMicroelectronics N.V. : ODDO BHF SThe 2019 Extel* survey has just named ODDO BHF “number 1 broker on French equities” for the fourth consecutive year. It has also ranked ODDO BHF “number 5 broker on German equities”, five places higher than last year. T

...

Bruno Cavalier ...
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 03/06/2019 L’enquête EXTEL* 2019 vient de désigner ODDO BHF « 1er broker sur les actions françaises » pour la 4ème année consécutive. Elle classe aussi ODDO BHF « 5ème broker sur les actions allema

...

Alain William ...
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Steven Gould
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/23/2019

...

SUESS MICROTEC AG sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of SUESS MICROTEC AG (DE), active in the Semiconductors industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date May 10, 2019, the closing price was EUR 10.10 and its target price was estimated at EUR 8.12.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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