ASML Holding NV Rating Increased to Overweight at Morgan Stanley (ASML)
Several other analysts have also recently commented on the stock. Analysts at Pacific Crest upgraded shares of ASML Holding NV from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 21st. Analysts at RBC Capital raised their price target on shares of ASML Holding NV from $54.00 to $61.00 in a research note on Thursday, July 17th. They now have an “underperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $87.76.
ASML Holding NV (NASDAQ:ASML) opened at 94.92 on Thursday. ASML Holding NV has a 1-year low of $79.66 and a 1-year high of $101.85. The stock’s 50-day moving average is $90.82 and its 200-day moving average is $87.8. The company has a market cap of $41.499 billion and a price-to-earnings ratio of 21.13.
ASML Holding NV (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $1.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.03 by $0.21. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter last year, the company posted $0.52 earnings per share. ASML Holding NV’s revenue was up 17.7% compared to the same quarter last year. On average, analysts predict that ASML Holding NV will post $3.24 earnings per share for the current fiscal year.
ASML Holding NV (NASDAQ:ASML) is the Netherlands-based holding company active in the field of technology.
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