ASML (ASML) Expected to Announce Earnings on Wednesday

ASML (NASDAQ:ASML) is expected to be posting its quarterly earnings results before the market opens on Wednesday, January 29th. Analysts expect ASML to post earnings of $7.67 per share and revenue of $9,840,793.34 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

ASML Price Performance

NASDAQ:ASML opened at $732.25 on Monday. The firm has a market capitalization of $288.08 billion, a price-to-earnings ratio of 38.34, a PEG ratio of 2.39 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The business has a 50 day simple moving average of $714.70 and a 200-day simple moving average of $786.18. ASML has a 1 year low of $645.45 and a 1 year high of $1,110.09.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Susquehanna cut their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $946.60.

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.