ASML (ASML) Scheduled to Post Earnings on Wednesday

ASML (NASDAQ:ASMLGet Free Report) will release its earnings data before the market opens on Wednesday, April 17th. Analysts expect ASML to post earnings of $2.85 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

ASML (NASDAQ:ASMLGet Free Report) last released its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.48. The firm had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a return on equity of 68.32% and a net margin of 28.44%. 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 $961.84 on Monday. The business has a 50 day simple moving average of $958.39 and a two-hundred day simple moving average of $784.92. ASML has a 1-year low of $563.99 and a 1-year high of $1,056.34. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96. The stock has a market capitalization of $379.53 billion, a PE ratio of 44.72, a P/E/G ratio of 2.32 and a beta of 1.48.

ASML Cuts Dividend

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

Analyst Ratings Changes

Several research firms have recently issued reports on ASML. Raymond James raised their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Wells Fargo & Company increased their target price on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Cantor Fitzgerald assumed coverage on shares of ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Finally, Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

Read Our Latest Research Report on ASML

Hedge Funds Weigh In On ASML

Institutional investors have recently made changes to their positions in the company. Hobbs Group Advisors LLC acquired a new stake in ASML during the 4th quarter worth $43,000. SageView Advisory Group LLC increased its position in ASML by 40.5% during the fourth quarter. SageView Advisory Group LLC now owns 2,538 shares of the semiconductor company’s stock worth $1,921,000 after purchasing an additional 731 shares during the last quarter. Sanibel Captiva Trust Company Inc. purchased a new stake in shares of ASML in the 4th quarter valued at approximately $535,000. Harbour Investments Inc. increased its holdings in shares of ASML by 144.6% during the 4th quarter. Harbour Investments Inc. now owns 609 shares of the semiconductor company’s stock worth $461,000 after buying an additional 360 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in ASML by 8.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,379 shares of the semiconductor company’s stock valued at $12,398,000 after acquiring an additional 1,227 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Company Profile

(Get Free Report)

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.

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Earnings History for ASML (NASDAQ:ASML)

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