ASML Holding NV Receives Consensus Recommendation of “Buy” from Brokerages (NASDAQ:ASML)
ASML Holding NV (NASDAQ:ASML) has been given a consensus recommendation of “Buy” by the sixteen ratings firms that are covering the company, AnalystRatings.Net reports. One analyst has rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $90.01.
Shares of ASML Holding NV (NASDAQ:ASML) opened at 96.12 on Wednesday. ASML Holding NV has a one year low of $79.66 and a one year high of $101.85. The stock’s 50-day moving average is $90.9 and its 200-day moving average is $88.77. The company has a market cap of $42.023 billion and a P/E ratio of 21.71.
ASML Holding NV (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was up 17.7% on a year-over-year basis. Analysts expect that ASML Holding NV will post $3.21 EPS for the current fiscal year.
A number of research firms have recently commented on ASML. Analysts at Stifel Nicolaus initiated coverage on shares of ASML Holding NV in a research note on Tuesday, August 26th. 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.
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