ASML Holding Downgraded by Susquehanna to Neutral (ASML)
ASML Holding (NASDAQ:ASML) was downgraded by Susquehanna to a “neutral” rating in a research note issued on Thursday, Stock Ratings Network.com reports.
Shares of ASML Holding (NASDAQ:ASML) opened at 96.09 on Thursday. ASML Holding has a one year low of $48.73 and a one year high of $101.85. The stock’s 50-day moving average is $93.73 and its 200-day moving average is $83.29. The company has a market cap of $42.593 billion and a price-to-earnings ratio of 35.38.
ASML Holding (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the company posted $0.71 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. Analysts expect that ASML Holding will post $3.02 EPS for the current fiscal year.
A number of other firms have also recently commented on ASML. Analysts at Sanford C. Bernstein raised their price target on shares of ASML Holding from $91.00 to $107.90 in a research note to investors on Monday, September 30th. They now have an “outperform” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of ASML Holding in a research note to investors on Thursday, September 12th. They set a “conviction-buy” rating on the stock. Finally, analysts at Northland Securities initiated coverage on shares of ASML Holding in a research note to investors on Wednesday, August 28th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $87.08.
ASML Holding N.V. (NASDAQ:ASML) is a holding company, which operates through its subsidiaries.
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