ASML Holding (ASML) Announces Quarterly Results
ASML Holding (NASDAQ:ASML) posted its quarterly earnings results on Wednesday. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.20, ARN reports.
Several analysts have recently commented on the stock. Analysts at Credit Suisse downgraded shares of ASML Holding from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 14th. They now have a $68.00 price target on the stock, down previously from $75.00. On a related note, analysts at ING Group initiated coverage on shares of ASML Holding in a research note to investors on Thursday, January 9th. They set a “buy” rating on the stock. Finally, analysts at Societe Generale upgraded shares of ASML Holding from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. ASML Holding currently has a consensus rating of “Buy” and an average price target of $87.23.
Shares of ASML Holding (NASDAQ:ASML) opened at 87.15 on Wednesday. ASML Holding has a 52-week low of $64.93 and a 52-week high of $101.85. The stock’s 50-day moving average is $90.59 and its 200-day moving average is $91.53. The company has a market cap of $38.607 billion and a P/E ratio of 34.42.
ASML Holding N.V. (NASDAQ:ASML) is a holding company, which operates through its subsidiaries.
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