ASML (NASDAQ:ASML) announced its quarterly earnings results on Tuesday. The semiconductor company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.18, Fidelity Earnings reports. ASML had a return on equity of 25.91% and a net margin of 24.30%. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.73 billion. During the same quarter in the prior year, the company earned $2.70 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis.
NASDAQ:ASML traded up $21.36 during trading hours on Thursday, reaching $570.74. The stock had a trading volume of 1,204,207 shares, compared to its average volume of 1,022,140. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.99 and a current ratio of 2.92. The stock has a 50 day simple moving average of $486.77 and a 200 day simple moving average of $408.91. ASML has a 12-month low of $191.25 and a 12-month high of $573.80. The stock has a market cap of $239.60 billion, a P/E ratio of 63.66, a price-to-earnings-growth ratio of 2.25 and a beta of 1.06.
ASML has been the topic of a number of recent research reports. New Street Research upgraded ASML from a “neutral” rating to a “buy” rating in a report on Thursday. Zacks Investment Research upgraded ASML from a “hold” rating to a “buy” rating and set a $535.00 price target on the stock in a report on Friday, December 18th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Friday, January 8th. Credit Suisse Group reiterated an “outperform” rating on shares of ASML in a report on Monday, January 11th. Finally, UBS Group reiterated a “neutral” rating on shares of ASML in a report on Thursday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $474.25.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture variosus range of semiconductor nodes and technologies.
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