ASML (ASML) to Release Quarterly Earnings on Wednesday

ASML (NASDAQ:ASML) will issue its quarterly earnings data before the market opens on Wednesday, April 17th. Analysts expect the company to announce earnings of $2.85 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. On average, analysts expect ASML to post $20 EPS for the current fiscal year and $29 EPS for the next fiscal year.

ASML Stock Performance

NASDAQ:ASML opened at $954.82 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96. ASML has a 1 year low of $563.99 and a 1 year high of $1,056.34. The stock’s 50 day simple moving average is $959.51 and its two-hundred day simple moving average is $787.55. The company has a market cap of $376.76 billion, a price-to-earnings ratio of 44.39, a PEG ratio of 2.32 and a beta of 1.49.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Friday, April 26th. ASML’s payout ratio is 24.59%.

Hedge Funds Weigh In On ASML

Several hedge funds have recently bought and sold shares of ASML. Cornerstone Planning Group LLC bought a new position in ASML in the 2nd quarter valued at $39,000. Hobbs Group Advisors LLC purchased a new stake in shares of ASML in the 4th quarter worth $43,000. Compass Wealth Management LLC purchased a new stake in shares of ASML in the 4th quarter worth $45,000. Providence Capital Advisors LLC purchased a new stake in shares of ASML in the 1st quarter worth $57,000. Finally, Carolinas Wealth Consulting LLC lifted its holdings in shares of ASML by 31.7% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 133 shares of the semiconductor company’s stock worth $89,000 after buying an additional 32 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Susquehanna boosted their target price on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Raymond James boosted their target price on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Finally, Sanford C. Bernstein cut their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.