ASML Holding NV (ASML) to Release Quarterly Earnings on Wednesday
ASML Holding NV (NASDAQ:ASML) will issue its Q316 quarterly earnings data on Wednesday, October 19th. Analysts expect the company to announce earnings of $1.05 per share and revenue of $1.89 billion for the quarter.
ASML Holding NV (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 20th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. ASML Holding NV had a return on equity of 14.09% and a net margin of 19.26%. The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period last year, the company posted $0.86 earnings per share. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, analysts expect ASML Holding NV to post $3.64 EPS for the current fiscal year and $4.83 EPS for the next fiscal year.
ASML Holding NV (NASDAQ:ASML) traded up 0.766% on Tuesday, reaching $101.935. The company’s stock had a trading volume of 337,381 shares. ASML Holding NV has a 1-year low of $77.17 and a 1-year high of $111.58. The company has a market capitalization of $43.21 billion, a price-to-earnings ratio of 29.521 and a beta of 1.35. The stock has a 50 day moving average price of $105.85 and a 200-day moving average price of $101.87.
Several analysts have weighed in on the stock. Zacks Investment Research cut shares of ASML Holding NV from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. B. Riley reiterated a “neutral” rating and set a $113.00 target price on shares of ASML Holding NV in a research report on Thursday, July 21st. Royal Bank Of Canada upped their target price on shares of ASML Holding NV from $103.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 21st. Bank of America Corp. lowered shares of ASML Holding NV from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $112.00 to $99.00 in a research report on Wednesday, August 17th. Finally, Morgan Stanley reiterated a “buy” rating on shares of ASML Holding NV in a research report on Monday, October 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $96.10.
A number of large investors have recently bought and sold shares of ASML. Wetherby Asset Management Inc. raised its stake in ASML Holding NV by 14.8% in the second quarter. Wetherby Asset Management Inc. now owns 2,675 shares of the company’s stock valued at $265,000 after buying an additional 345 shares during the period. Dimensional Fund Advisors LP raised its stake in ASML Holding NV by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 112,448 shares of the company’s stock valued at $11,153,000 after buying an additional 1,123 shares during the period. Advisor Group Inc. purchased a new stake in ASML Holding NV during the second quarter valued at $312,000. Mariner Wealth Advisors LLC purchased a new stake in ASML Holding NV during the second quarter valued at $415,000. Finally, Sei Investments Co. raised its stake in ASML Holding NV by 252.9% in the second quarter. Sei Investments Co. now owns 7,306 shares of the company’s stock valued at $725,000 after buying an additional 5,236 shares during the period. Institutional investors own 15.06% of the company’s stock.
ASML Holding NV Company Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.
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