ASML (ASML) Set to Announce Earnings on Wednesday

ASML (NASDAQ:ASML – Get Rating) is scheduled to announce its earnings results before the market opens on Wednesday, January 25th. Analysts expect the company to announce earnings of $4.62 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

ASML Stock Performance

Shares of ASML stock traded down $6.02 during trading on Tuesday, hitting $670.01. 1,060,132 shares of the stock were exchanged, compared to its average volume of 1,064,415. The company has a fifty day moving average price of $598.20 and a 200-day moving average price of $528.92. The stock has a market capitalization of $269.75 billion, a price-to-earnings ratio of 40.14, a price-to-earnings-growth ratio of 1.32 and a beta of 1.44. The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.44. ASML has a 1-year low of $363.15 and a 1-year high of $714.62.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ASML shares. Susquehanna raised ASML from a “neutral” rating to a “positive” rating and boosted their price target for the stock from $510.00 to $850.00 in a research report on Monday, November 14th. Susquehanna Bancshares raised ASML to a “positive” rating and boosted their price target for the stock from $510.00 to $850.00 in a research report on Monday, November 14th. Grupo Santander raised ASML from an “underperform” rating to a “neutral” rating and set a €480.00 ($521.74) price target on the stock in a research report on Monday, September 26th. Deutsche Bank Aktiengesellschaft raised ASML from a “hold” rating to a “buy” rating in a research report on Wednesday, October 19th. Finally, Sanford C. Bernstein initiated coverage on ASML in a research report on Wednesday, January 18th. They issued an “outperform” rating on the stock. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $696.46.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ASML. Renaissance Technologies LLC lifted its stake in shares of ASML by 24,855.3% in the 1st quarter. Renaissance Technologies LLC now owns 125,525 shares of the semiconductor company’s stock valued at $83,844,000 after acquiring an additional 125,022 shares during the last quarter. Royal Bank of Canada increased its holdings in ASML by 14.9% in the first quarter. Royal Bank of Canada now owns 700,957 shares of the semiconductor company’s stock valued at $468,189,000 after purchasing an additional 91,082 shares during the period. State Street Corp increased its holdings in ASML by 44.2% in the third quarter. State Street Corp now owns 126,410 shares of the semiconductor company’s stock valued at $52,506,000 after purchasing an additional 38,718 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in ASML by 14.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,923 shares of the semiconductor company’s stock valued at $153,573,000 after purchasing an additional 29,290 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in ASML by 157.8% in the first quarter. Hsbc Holdings PLC now owns 32,336 shares of the semiconductor company’s stock valued at $21,697,000 after purchasing an additional 19,793 shares during the period. 18.61% of the stock is currently owned by institutional investors.

About ASML

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ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.