ASML (ASML) Scheduled to Post Earnings on Wednesday

ASML (NASDAQ:ASML – Get Rating) will be releasing its earnings data before the market opens on Wednesday, January 25th. Analysts expect ASML to post earnings of $4.62 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

ASML Stock Down 0.9 %

NASDAQ ASML traded down $6.02 during trading hours on Tuesday, hitting $670.01. The company’s stock had a trading volume of 1,060,132 shares, compared to its average volume of 1,064,415. ASML has a 52 week low of $363.15 and a 52 week high of $714.62. The company has a market capitalization of $269.75 billion, a PE ratio of 40.14, a price-to-earnings-growth ratio of 1.32 and a beta of 1.44. The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.44. The company’s 50-day simple moving average is $598.20 and its two-hundred day simple moving average is $528.92.

Institutional Investors Weigh In On ASML

A number of hedge funds have recently modified their holdings of ASML. Carolinas Wealth Consulting LLC raised 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 purchasing an additional 32 shares during the period. First Manhattan Co. grew its stake in ASML by 19.7% in the 1st quarter. First Manhattan Co. now owns 152 shares of the semiconductor company’s stock valued at $101,000 after buying an additional 25 shares in the last quarter. First Western Trust Bank purchased a new position in ASML in the 1st quarter valued at approximately $255,000. Moors & Cabot Inc. purchased a new position in ASML in the 1st quarter valued at approximately $264,000. Finally, Dakota Wealth Management grew its stake in ASML by 35.2% in the 1st quarter. Dakota Wealth Management now owns 426 shares of the semiconductor company’s stock valued at $284,000 after buying an additional 111 shares in the last quarter. Institutional investors own 18.61% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASML. Barclays began coverage on shares of ASML in a research report on Tuesday, January 17th. They issued an “equal weight” rating on the stock. Morgan Stanley lifted their target price on shares of ASML from €650.00 ($706.52) to €700.00 ($760.87) and gave the stock an “overweight” rating in a research report on Tuesday, November 15th. Berenberg Bank dropped their target price on shares of ASML from €815.00 ($885.87) to €615.00 ($668.48) and set a “buy” rating on the stock in a research report on Friday, October 14th. Societe Generale lifted their target price on shares of ASML from €520.00 ($565.22) to €680.00 ($739.13) in a research report on Tuesday, November 22nd. Finally, Grupo Santander raised shares of ASML from an “underperform” rating to a “neutral” rating and set a €480.00 ($521.74) target price on the stock in a research report on Monday, September 26th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $696.46.

About ASML

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ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.