ASML Holding NV (NASDAQ:ASML) – Research analysts at KeyCorp boosted their FY2018 earnings per share (EPS) estimates for ASML in a research report issued to clients and investors on Wednesday. KeyCorp analyst W. Twigg now anticipates that the semiconductor company will earn $6.75 per share for the year, up from their prior forecast of $6.08. KeyCorp also issued estimates for ASML’s Q4 2018 earnings at $1.96 EPS and Q3 2019 earnings at $2.25 EPS.
ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 17th. The semiconductor company reported $1.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.52. ASML had a return on equity of 21.16% and a net margin of 24.28%. The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter in the previous year, the company posted $1.23 earnings per share. The business’s revenue was up 34.3% on a year-over-year basis.
Shares of ASML (NASDAQ:ASML) traded up $2.16 during mid-day trading on Monday, reaching $205.52. The company’s stock had a trading volume of 1,123,100 shares, compared to its average volume of 1,234,523. The company has a quick ratio of 1.81, a current ratio of 2.70 and a debt-to-equity ratio of 0.28. ASML has a 12-month low of $119.83 and a 12-month high of $206.03. The company has a market capitalization of $87,190.00, a P/E ratio of 34.25, a P/E/G ratio of 1.51 and a beta of 1.14.
ASML announced that its board has approved a stock repurchase plan on Wednesday, January 17th that allows the company to buyback outstanding shares. This buyback authorization allows the semiconductor company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its stock is undervalued.
The business also recently announced an annual dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 30th will be paid a $1.7181 dividend. This is a boost from ASML’s previous annual dividend of $0.71. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, April 27th. ASML’s dividend payout ratio is currently 18.50%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ASML. Janus Henderson Group PLC purchased a new stake in shares of ASML in the second quarter worth $202,888,000. Winslow Capital Management LLC purchased a new stake in shares of ASML during the second quarter valued at $188,068,000. Whale Rock Capital Management LLC purchased a new stake in shares of ASML during the third quarter valued at $66,938,000. Artisan Partners Limited Partnership boosted its position in shares of ASML by 8.7% during the third 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 during the last quarter. Finally, Capital World Investors boosted its position in shares of ASML by 0.6% during the second 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 during the last quarter. 16.59% of the stock is currently owned by hedge funds and other institutional investors.
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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