ASML (ASML) Scheduled to Post Earnings on Wednesday

ASML (NASDAQ:ASML) is scheduled to 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.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The firm 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 $989.83 on Wednesday. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. ASML has a 12-month low of $563.99 and a 12-month high of $1,056.34. The stock has a 50-day moving average price of $952.83 and a 200 day moving average price of $776.50. The stock has a market capitalization of $390.58 billion, a P/E ratio of 46.02, a P/E/G ratio of 2.36 and a beta of 1.49.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.54%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio is currently 24.59%.

Hedge Funds Weigh In On ASML

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Venture Visionary Partners LLC lifted its stake in shares of ASML by 2.5% during the 4th quarter. Venture Visionary Partners LLC now owns 541 shares of the semiconductor company’s stock worth $409,000 after acquiring an additional 13 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in shares of ASML by 0.4% in the 4th quarter. Apollon Wealth Management LLC now owns 3,634 shares of the semiconductor company’s stock valued at $1,986,000 after acquiring an additional 15 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in shares of ASML by 0.8% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 2,216 shares of the semiconductor company’s stock valued at $1,508,000 after acquiring an additional 18 shares during the period. CreativeOne Wealth LLC increased its holdings in shares of ASML by 2.0% in the 2nd quarter. CreativeOne Wealth LLC now owns 1,144 shares of the semiconductor company’s stock valued at $829,000 after acquiring an additional 22 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of ASML by 9.4% in the 1st quarter. Harbour Investments Inc. now owns 279 shares of the semiconductor company’s stock valued at $190,000 after acquiring an additional 24 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ASML shares. Raymond James increased their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Cantor Fitzgerald began coverage on ASML in a report on Tuesday, January 23rd. They set an “overweight” rating for the company. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Finally, Susquehanna raised their price target on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $982.60.

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.