ASML Holding N.V. (NASDAQ:ASML) – Stock analysts at KeyCorp lowered their FY2018 earnings per share (EPS) estimates for ASML Holding N.V. in a report released on Wednesday. KeyCorp analyst W. Twigg now expects that the semiconductor company will earn $6.08 per share for the year, down from their previous estimate of $6.12.

ASML Holding N.V. (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 18th. The semiconductor company reported $1.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.28 by $0.24. ASML Holding N.V. had a net margin of 23.81% and a return on equity of 19.82%. The firm had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period last year, the firm earned $0.93 earnings per share. The company’s quarterly revenue was up 34.8% on a year-over-year basis. COPYRIGHT VIOLATION WARNING: “FY2018 EPS Estimates for ASML Holding N.V. Lowered by Analyst (ASML)” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/10/23/fy2018-eps-estimates-for-asml-holding-n-v-lowered-by-analyst-asml.html.

ASML has been the subject of a number of other research reports. Bank of America Corporation restated a “buy” rating and issued a $165.00 price objective (up previously from $140.00) on shares of ASML Holding N.V. in a report on Sunday, June 25th. Zacks Investment Research upgraded shares of ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $191.00 price objective for the company in a report on Tuesday, October 3rd. Credit Suisse Group lifted their price objective on shares of ASML Holding N.V. from $140.00 to $152.00 and gave the company a “neutral” rating in a report on Thursday. Royal Bank Of Canada restated a “hold” rating and issued a $155.00 price objective on shares of ASML Holding N.V. in a report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of ASML Holding N.V. in a report on Tuesday, October 3rd. Five investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $178.29.

ASML Holding N.V. (ASML) opened at 175.22 on Monday. The company has a market capitalization of $75.44 billion, a P/E ratio of 33.14 and a beta of 1.13. ASML Holding N.V. has a 1-year low of $98.71 and a 1-year high of $176.87. The stock’s 50 day moving average is $167.24 and its 200-day moving average is $146.07.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its holdings in ASML Holding N.V. by 8.7% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,075 shares of the semiconductor company’s stock worth $143,000 after acquiring an additional 86 shares in the last quarter. Atlantic Trust Group LLC grew its holdings in ASML Holding N.V. by 1.1% during the 2nd quarter. Atlantic Trust Group LLC now owns 15,547 shares of the semiconductor company’s stock worth $2,026,000 after acquiring an additional 168 shares in the last quarter. Seven Bridges Advisors LLC grew its holdings in ASML Holding N.V. by 10.1% during the 2nd quarter. Seven Bridges Advisors LLC now owns 2,201 shares of the semiconductor company’s stock worth $287,000 after acquiring an additional 201 shares in the last quarter. M&T Bank Corp grew its holdings in ASML Holding N.V. by 8.1% during the 2nd quarter. M&T Bank Corp now owns 2,775 shares of the semiconductor company’s stock worth $362,000 after acquiring an additional 207 shares in the last quarter. Finally, Raymond James Trust N.A. grew its holdings in ASML Holding N.V. by 5.1% during the 2nd quarter. Raymond James Trust N.A. now owns 4,487 shares of the semiconductor company’s stock worth $584,000 after acquiring an additional 216 shares in the last quarter. Institutional investors own 16.08% of the company’s stock.

ASML Holding N.V. declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, July 19th that authorizes the company to repurchase shares. This repurchase authorization authorizes the semiconductor company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

ASML Holding N.V. Company Profile

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.

Earnings History and Estimates for ASML Holding N.V. (NASDAQ:ASML)

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