Citigroup lowered shares of Semiconductor Manufacturing Int'l (NYSE:SMI) from a neutral rating to a sell rating in a report published on Sunday, The Fly reports.

SMI has been the subject of a number of other reports. Mizuho downgraded shares of Semiconductor Manufacturing Int'l from a buy rating to an underperform rating in a research note on Monday, October 16th. Credit Suisse Group downgraded shares of Semiconductor Manufacturing Int'l from a neutral rating to an underperform rating in a research note on Tuesday, November 7th. Zacks Investment Research raised shares of Semiconductor Manufacturing Int'l from a sell rating to a hold rating in a research note on Wednesday, January 17th. Daiwa Capital Markets downgraded shares of Semiconductor Manufacturing Int'l from a buy rating to a hold rating in a research note on Wednesday, November 15th. Finally, Jefferies Group downgraded shares of Semiconductor Manufacturing Int'l from a buy rating to a hold rating in a research note on Thursday, November 16th. Eleven equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The company presently has an average rating of Sell.

Shares of Semiconductor Manufacturing Int'l (NYSE SMI) opened at $6.38 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.52 and a current ratio of 1.87. The firm has a market cap of $5,935.47, a P/E ratio of 33.58, a P/E/G ratio of 3.63 and a beta of 0.06. Semiconductor Manufacturing Int'l has a 12 month low of $4.49 and a 12 month high of $9.14.

Semiconductor Manufacturing Int'l (NYSE:SMI) last posted its quarterly earnings results on Thursday, February 8th. The semiconductor company reported $0.05 earnings per share for the quarter. The business had revenue of $787.20 million during the quarter, compared to the consensus estimate of $791.02 million. Semiconductor Manufacturing Int'l had a net margin of 5.79% and a return on equity of 3.02%. Semiconductor Manufacturing Int'l’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.11 earnings per share. analysts predict that Semiconductor Manufacturing Int'l will post 0.12 EPS for the current year.

A number of large investors have recently modified their holdings of SMI. Bank of Montreal Can increased its stake in Semiconductor Manufacturing Int'l by 33.6% in the fourth quarter. Bank of Montreal Can now owns 272,316 shares of the semiconductor company’s stock valued at $2,331,000 after purchasing an additional 68,550 shares in the last quarter. First Trust Advisors LP increased its stake in Semiconductor Manufacturing Int'l by 16.9% in the third quarter. First Trust Advisors LP now owns 405,393 shares of the semiconductor company’s stock valued at $2,254,000 after purchasing an additional 58,753 shares in the last quarter. Aperio Group LLC increased its stake in Semiconductor Manufacturing Int'l by 12.7% in the fourth quarter. Aperio Group LLC now owns 75,784 shares of the semiconductor company’s stock valued at $649,000 after purchasing an additional 8,521 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Semiconductor Manufacturing Int'l by 4.2% in the second quarter. Northern Trust Corp now owns 46,976 shares of the semiconductor company’s stock valued at $267,000 after purchasing an additional 1,908 shares in the last quarter. 0.68% of the stock is owned by hedge funds and other institutional investors.

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Semiconductor Manufacturing Int'l Company Profile

Semiconductor Manufacturing International Corporation is an investment holding company principally engaged in the computer-aided design, manufacture, packaging and trading of integrated circuits (IC), as well as the provision of other semiconductor services. The Company is also involved in the design and manufacture of semiconductor masks.

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Analyst Recommendations for Semiconductor Manufacturing Int'l (NYSE:SMI)

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