Wall Street brokerages expect ASML Holding NV (NASDAQ:ASML) to announce $2.16 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for ASML Holding NV’s earnings, with estimates ranging from $2.07 billion to $2.29 billion. ASML Holding NV posted sales of $1.95 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 10.8%. The company is expected to issue its next quarterly earnings report 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 financial 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 Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for ASML Holding NV.
ASML Holding NV (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, April 19th. The semiconductor company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.13. ASML Holding NV had a net margin of 21.62% and a return on equity of 16.76%. The firm earned $1.94 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the company earned $0.46 EPS. The firm’s revenue for the quarter was up 45.8% compared to the same quarter last year. Several research analysts have weighed in on ASML shares. BNP Paribas raised shares of ASML Holding NV from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 8th. Credit Suisse Group AG started coverage on shares of ASML Holding NV in a research note on Tuesday, January 17th. They set a “neutral” rating for the company. Royal Bank of Canada reaffirmed a “hold” rating and set a $130.00 target price on shares of ASML Holding NV in a research note on Monday, April 3rd. Citigroup Inc lowered shares of ASML Holding NV from a “buy” rating to a “neutral” rating in a research note on Thursday, January 19th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML Holding NV in a research note on Monday, January 23rd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $125.00.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its position in ASML Holding NV by 2.8% in the first quarter. Ameriprise Financial Inc. now owns 69,390 shares of the semiconductor company’s stock valued at $9,216,000 after buying an additional 1,875 shares during the last quarter. Sei Investments Co. raised its position in ASML Holding NV by 73.7% in the first quarter. Sei Investments Co. now owns 583,521 shares of the semiconductor company’s stock valued at $77,492,000 after buying an additional 247,538 shares during the last quarter. Karp Capital Management Corp acquired a new position in ASML Holding NV during the first quarter valued at approximately $10,970,000. World Asset Management Inc raised its position in ASML Holding NV by 1.5% in the first quarter. World Asset Management Inc now owns 27,004 shares of the semiconductor company’s stock valued at $3,586,000 after buying an additional 387 shares during the last quarter. Finally, Comerica Bank raised its position in ASML Holding NV by 1.5% in the first quarter. Comerica Bank now owns 25,849 shares of the semiconductor company’s stock valued at $3,437,000 after buying an additional 379 shares during the last quarter. 8.69% of the stock is owned by institutional investors and hedge funds. Shares of ASML Holding NV (NASDAQ:ASML) traded up 0.58% during midday trading on Thursday, reaching $135.84. 481,001 shares of the company were exchanged. ASML Holding NV has a 52 week low of $90.43 and a 52 week high of $135.92. The firm has a 50-day moving average of $131.39 and a 200 day moving average of $117.59.
ASML Holding NV 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.
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