ASML Holding NV (ASML) Expected to Announce Quarterly Sales of $2.16 Billion
Wall Street brokerages expect that ASML Holding NV (NASDAQ:ASML) will announce sales of $2.16 billion for the current quarter, according to Zacks. Three analysts have provided estimates for ASML Holding NV’s earnings. The highest sales estimate is $2.29 billion and the lowest is $2.07 billion. ASML Holding NV reported sales of $1.95 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 10.8%. The company is scheduled to issue its next quarterly earnings results on Wednesday, July 19th.
According to Zacks, analysts expect that ASML Holding NV will report full-year sales of $2.16 billion for the current fiscal year, with estimates ranging from $8.83 billion to $9.25 billion. For the next year, analysts expect that the company will report sales of $10.19 billion per share, with estimates ranging from $9.73 billion to $10.65 billion. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for ASML Holding NV.
ASML Holding NV (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 19th. The semiconductor company reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.13. The business earned $1.94 billion during the quarter, compared to analysts’ expectations of $1.82 billion. ASML Holding NV had a return on equity of 16.76% and a net margin of 21.62%. The business’s quarterly revenue was up 45.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS.
A number of equities analysts recently commented on ASML shares. B. Riley reiterated a “neutral” rating and issued a $122.00 price target on shares of ASML Holding NV in a research note on Tuesday, April 25th. Cowen and Company reiterated an “outperform” rating on shares of ASML Holding NV in a research note on Sunday, April 23rd. Zacks Investment Research downgraded ASML Holding NV from a “hold” rating to a “sell” rating in a research note on Thursday, April 20th. Stifel Nicolaus upgraded ASML Holding NV from a “hold” rating to a “buy” rating in a research note on Thursday, April 20th. Finally, Royal Bank of Canada lifted their price target on ASML Holding NV from $130.00 to $135.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 20th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $125.00.
A number of institutional investors have recently bought and sold shares of ASML. Ladenburg Thalmann Financial Services Inc. boosted its position in ASML Holding NV by 25.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,646 shares of the semiconductor company’s stock valued at $184,000 after buying an additional 339 shares in the last quarter. Pacific Center for Financial Services bought a new position in ASML Holding NV during the fourth quarter valued at approximately $208,000. Rafferty Asset Management LLC bought a new position in ASML Holding NV during the fourth quarter valued at approximately $209,000. Atria Investments LLC bought a new position in ASML Holding NV during the first quarter valued at approximately $226,000. Finally, Cypress Wealth Advisors LLC boosted its position in ASML Holding NV by 3.1% in the fourth quarter. Cypress Wealth Advisors LLC now owns 2,036 shares of the semiconductor company’s stock valued at $228,000 after buying an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 8.69% of the company’s stock.
ASML Holding NV (NASDAQ:ASML) traded up 0.51% on Thursday, hitting $134.86. The stock had a trading volume of 486,322 shares. ASML Holding NV has a one year low of $90.43 and a one year high of $135.05. The stock has a market cap of $57.98 billion, a P/E ratio of 34.58 and a beta of 1.23. The company’s 50-day moving average is $130.86 and its 200-day moving average is $117.21.
The company also recently disclosed a dividend, which will be paid on Friday, May 12th. Shareholders of record on Tuesday, May 2nd will be given a dividend of $1.082 per share. The ex-dividend date of this dividend is Friday, April 28th. ASML Holding NV’s payout ratio is 27.03%.
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About ASML Holding NV
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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