ASML Holding NV Given Average Recommendation of “Buy” by Brokerages (NASDAQ:ASML)
Shares of ASML Holding NV (NASDAQ:ASML) have received a consensus rating of “Buy” from the sixteen analysts that are presently covering the stock, Analyst Ratings Network reports. One analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $90.01.
Shares of ASML Holding NV (NASDAQ:ASML) traded down 0.21% during mid-day trading on Wednesday, hitting $95.33. 81,897 shares of the company’s stock traded hands. ASML Holding NV has a 52-week low of $79.66 and a 52-week high of $101.85. The stock’s 50-day moving average is $90.94 and its 200-day moving average is $88.60. The company has a market cap of $41.678 billion and a P/E ratio of 21.60.
ASML Holding NV (NASDAQ:ASML) last released its earnings data on Wednesday, July 16th. The company reported $1.24 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 17.7% on a year-over-year basis. On average, analysts predict that ASML Holding NV will post $3.23 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of ASML Holding NV in a research note on Tuesday. They set a “hold” rating on the stock. Separately, analysts at Zacks upgraded shares of ASML Holding NV from an “underperform” rating to a “neutral” rating in a research note on Friday, August 1st. They now have a $95.20 price target on the stock. Finally, analysts at Morgan Stanley upgraded shares of ASML Holding NV from an “equal weight” rating to an “overweight” rating in a research note on Thursday, July 31st.
ASML Holding NV (NASDAQ:ASML) is the Netherlands-based holding company active in the field of technology.
Receive News & Ratings for ASML Holding NV (ADR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML Holding NV (ADR) and related companies with Analyst Ratings Network's FREE daily email newsletter.