NEW YORK (TheStreet) -- Shares of Mattson Technology were falling 14.5% to $4 with heavy trading volume Wednesday due to analysts' concerns of slowing DRAM demand. In a research note JPMorgan analyst Harlan Sur said that Samsung , the largest DRAM supplier in the world, recently postponed a "meaningful level" of equipment orders and deliveries for its Line-17 DRAM by about 1 to 2 quarters. The delay is a sign that Samsung is "slowing down its capacity ramp likely as a result of a view that it will achieve its internal bit supply growth targets without ramping Line-17 as hard as it previously anticipated and also potentially taking into account slightly more seasonal weakness in DRAM pricing here at the beginning of the year," Sur wrote. Jefferies analysts expect current DRAM pricing weaknesses to continue into the second quarter of 2015 due to weak PC demand. The firm said that smartphone growth should lead to more stable pricing coming out of the second quarter, however. Mattson Technology designs, manufactures, and markets advanced fabrication equipment for semiconductor manufacturing. About 4.2 million shares of Mattson Technology were traded by 12:49 p.m. Wednesday, above the company's average trading volume of about 841,000 shares a day. TheStreet Ratings team rates MATTSON TECHNOLOGY INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate MATTSON TECHNOLOGY INC (MTSN) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins." Highlights from the analysis by TheStreet Ratings Team goes as follows: The revenue growth came in higher than the industry average of 10.6%. Since the same quarter one year prior, revenues rose by 34.2%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share. MTSN has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.43, which illustrates the ability to avoid short-term cash problems. Powered by its strong earnings growth of 75.00% and other important driving factors, this stock has surged by 85.25% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, MTSN should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year. MATTSON TECHNOLOGY INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, MATTSON TECHNOLOGY INC turned its bottom line around by earning $0.15 versus -$0.19 in the prior year. This year, the market expects an improvement in earnings ($0.30 versus $0.15). The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income increased by 97.6% when compared to the same quarter one year prior, rising from $2.51 million to $4.96 million. You can view the full analysis from the report here: MTSN Ratings Report
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