ASML Holding NV (ASML) Forecasted to Earn FY2017 Earnings of $5.11 Per Share
ASML Holding NV (NASDAQ:ASML) – Stock analysts at B. Riley issued their FY2017 earnings per share (EPS) estimates for ASML in a research note issued to investors on Tuesday. B. Riley analyst C. Ellis anticipates that the semiconductor company will post earnings of $5.11 per share for the year. B. Riley currently has a “Neutral” rating and a $200.00 price target on the stock. B. Riley also issued estimates for ASML’s Q1 2018 earnings at $1.34 EPS, Q2 2018 earnings at $1.50 EPS, Q3 2018 earnings at $1.57 EPS, Q4 2018 earnings at $1.68 EPS, FY2018 earnings at $6.16 EPS, Q1 2019 earnings at $1.96 EPS, Q2 2019 earnings at $2.04 EPS, Q3 2019 earnings at $2.13 EPS, Q4 2019 earnings at $2.17 EPS and FY2019 earnings at $8.30 EPS.
Several other equities research analysts also recently weighed in on ASML. BidaskClub downgraded ASML from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, October 3rd. Royal Bank of Canada reaffirmed a “hold” rating and set a $155.00 price target on shares of ASML in a research report on Tuesday, October 3rd. Bank of America restated a “buy” rating and set a $210.00 target price on shares of ASML in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded ASML from a “hold” rating to a “buy” rating and set a $191.00 target price on the stock in a research report on Tuesday, October 3rd. Six analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $184.57.
ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 17th. The semiconductor company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.25. The company had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.15 billion. ASML had a return on equity of 19.28% and a net margin of 23.81%. The firm’s revenue for the quarter was up 34.3% compared to the same quarter last year. During the same period last year, the firm earned $1.23 EPS.
Several large investors have recently bought and sold shares of the company. Janus Henderson Group PLC purchased a new position in ASML in the 2nd quarter valued at about $202,888,000. Winslow Capital Management LLC purchased a new position in ASML in the 2nd quarter valued at about $188,068,000. Whale Rock Capital Management LLC purchased a new position in ASML in the 3rd quarter valued at about $66,938,000. Artisan Partners Limited Partnership lifted its stake in ASML by 8.7% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,422,603 shares of the semiconductor company’s stock valued at $414,750,000 after buying an additional 193,896 shares in the last quarter. Finally, Capital World Investors lifted its stake in ASML by 0.6% in the 2nd quarter. Capital World Investors now owns 25,172,077 shares of the semiconductor company’s stock valued at $3,280,173,000 after buying an additional 153,276 shares in the last quarter. Hedge funds and other institutional investors own 16.60% of the company’s stock.
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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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