Wall Street analysts expect ASML Holding NV (NASDAQ:ASML) to report sales of $3.49 billion for the current quarter, according to Zacks. Two analysts have issued estimates for ASML’s earnings, with estimates ranging from $3.43 billion to $3.55 billion. ASML posted sales of $3.02 billion during the same quarter last year, which suggests a positive year over year growth rate of 15.6%. The company is expected to announce its next earnings report on Wednesday, January 16th.

On average, analysts expect that ASML will report full year sales of $12.57 billion for the current fiscal year, with estimates ranging from $12.30 billion to $13.08 billion. For the next fiscal year, analysts anticipate that the company will post sales of $13.81 billion, with estimates ranging from $13.66 billion to $13.90 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that cover ASML.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, October 17th. The semiconductor company reported $1.86 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.90 by ($0.04). ASML had a return on equity of 23.22% and a net margin of 24.28%. The business had revenue of $3.23 billion for the quarter, compared to analysts’ expectations of $3.29 billion.

ASML has been the topic of several recent analyst reports. Zacks Investment Research downgraded ASML from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. BidaskClub upgraded ASML from a “sell” rating to a “hold” rating in a research report on Saturday, September 22nd. UBS Group downgraded ASML from a “positive” rating to a “neutral” rating in a research report on Tuesday, October 23rd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Monday, September 17th. Finally, Santander upgraded ASML from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. ASML presently has a consensus rating of “Hold” and an average price target of $210.80.

NASDAQ ASML opened at $166.35 on Friday. ASML has a twelve month low of $156.58 and a twelve month high of $221.66. The stock has a market cap of $72.36 billion, a P/E ratio of 29.87, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a current ratio of 2.80, a quick ratio of 1.84 and a debt-to-equity ratio of 0.27.

Institutional investors have recently added to or reduced their stakes in the company. Belpointe Asset Management LLC purchased a new position in shares of ASML in the 3rd quarter worth about $175,000. Nomura Asset Management Co. Ltd. purchased a new position in shares of ASML in the 2nd quarter worth about $201,000. Cox Capital Co LLC purchased a new position in shares of ASML in the 2nd quarter worth about $205,000. Signaturefd LLC raised its holdings in shares of ASML by 50.1% in the 2nd quarter. Signaturefd LLC now owns 1,142 shares of the semiconductor company’s stock worth $226,000 after purchasing an additional 381 shares during the period. Finally, 180 Wealth Advisors LLC purchased a new position in shares of ASML in the 2nd quarter worth about $232,000. Institutional investors own 15.55% of the company’s stock.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.

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