ASML (ASML) Scheduled to Post Quarterly Earnings on Wednesday

ASML (NASDAQ:ASML – Get Rating) will be issuing its quarterly earnings data before the market opens on Wednesday, April 20th. Analysts expect the company to announce earnings of $1.88 per share for the quarter.

ASML (NASDAQ:ASML – Get Rating) last posted its quarterly earnings data on Wednesday, January 19th. The semiconductor company reported $5.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $4.31 by $0.70. ASML had a return on equity of 49.05% and a net margin of 31.55%. The company had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.87 billion. On average, analysts expect ASML to post $19 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Shares of ASML stock opened at $594.00 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.48 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of $645.11 and a two-hundred day moving average price of $728.67. ASML has a 12-month low of $558.77 and a 12-month high of $895.93. The firm has a market cap of $243.41 billion, a P/E ratio of 35.09, a price-to-earnings-growth ratio of 1.91 and a beta of 1.16.

Large investors have recently made changes to their positions in the stock. HB Wealth Management LLC purchased a new position in ASML during the 4th quarter valued at about $202,000. Renaissance Technologies LLC purchased a new position in shares of ASML during the 4th quarter worth approximately $406,000. Horizon Investments LLC grew its holdings in shares of ASML by 8.5% during the 4th quarter. Horizon Investments LLC now owns 661 shares of the semiconductor company’s stock worth $526,000 after acquiring an additional 52 shares during the period. Mackenzie Financial Corp grew its holdings in shares of ASML by 9.9% during the 4th quarter. Mackenzie Financial Corp now owns 1,303 shares of the semiconductor company’s stock worth $1,037,000 after acquiring an additional 117 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of ASML during the 4th quarter worth approximately $1,088,000. Institutional investors own 25.89% of the company’s stock.

Several equities research analysts have issued reports on the company. Jefferies Financial Group assumed coverage on ASML in a research note on Thursday, February 17th. They set a “buy” rating for the company. StockNews.com assumed coverage on ASML in a research note on Thursday, March 31st. They set a “hold” rating for the company. Morgan Stanley assumed coverage on ASML in a research note on Monday, December 20th. They set an “overweight” rating and a $902.00 price target for the company. Zacks Investment Research raised ASML from a “sell” rating to a “hold” rating in a research note on Wednesday, January 19th. Finally, Credit Suisse Group started coverage on ASML in a report on Thursday, January 13th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, seven have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $898.33.

About ASML (Get Rating)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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.

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