ASML (ASML) to Release Quarterly Earnings on Wednesday

ASML (NASDAQ:ASML) will release its earnings data before the market opens on Wednesday, October 16th. Analysts expect ASML to post earnings of $5.47 per share for the quarter. ASML has set its Q3 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company’s quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.37 earnings per share. On average, analysts expect ASML to post $20 EPS for the current fiscal year and $34 EPS for the next fiscal year.

ASML Stock Up 0.8 %

ASML opened at $840.69 on Monday. The company has a market cap of $330.74 billion, a P/E ratio of 45.37, a P/E/G ratio of 2.08 and a beta of 1.48. The business’s 50-day moving average price is $844.97 and its 200-day moving average price is $923.92. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML has a 12 month low of $573.86 and a 12 month high of $1,110.09.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a dividend yield of 0.89%. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is currently 30.17%.

Analyst Upgrades and Downgrades

ASML has been the topic of several recent analyst reports. Wells Fargo & Company cut their target price on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. raised their target price on ASML from $1,202.00 to $1,207.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Finally, UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $1,071.80.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.