Zacks: Brokerages Anticipate ASML Holding NV (ASML) Will Post Earnings of $1.99 Per Share

Equities research analysts expect ASML Holding NV (NASDAQ:ASML) to report $1.99 earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for ASML’s earnings. The highest EPS estimate is $2.10 and the lowest is $1.87. ASML reported earnings per share of $1.77 during the same quarter last year, which suggests a positive year over year growth rate of 12.4%. The company is expected to announce its next quarterly earnings results on Wednesday, January 16th.

On average, analysts expect that ASML will report full year earnings of $7.05 per share for the current financial year, with EPS estimates ranging from $6.79 to $7.25. For the next financial year, analysts forecast that the business will report earnings of $8.61 per share, with EPS estimates ranging from $7.98 to $9.01. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for ASML.

ASML has been the subject of a number of recent research reports. Zacks Investment Research cut shares of ASML from a “hold” rating to a “sell” rating in a research report on Monday, June 25th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 4th. BidaskClub cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Friday, July 13th. BlueFin Research raised shares of ASML from a “neutral” rating to a “positive” rating in a research report on Monday, July 16th. Finally, Royal Bank of Canada reissued a “buy” rating and set a price target on shares of ASML in a research report on Wednesday, July 18th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $213.50.

Shares of NASDAQ ASML opened at $176.46 on Friday. ASML has a 1 year low of $168.30 and a 1 year high of $221.66. The stock has a market cap of $74.97 billion, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.80 and a quick ratio of 1.84.

A number of institutional investors have recently modified their holdings of ASML. Morgan Stanley raised its holdings in ASML by 144.6% in the second quarter. Morgan Stanley now owns 996,044 shares of the semiconductor company’s stock worth $197,187,000 after buying an additional 588,885 shares during the last quarter. Putnam Investments LLC purchased a new position in ASML in the second quarter worth about $64,105,000. CIBC Private Wealth Group LLC raised its holdings in ASML by 80.8% in the second quarter. CIBC Private Wealth Group LLC now owns 340,423 shares of the semiconductor company’s stock worth $67,394,000 after buying an additional 152,084 shares during the last quarter. Millennium Management LLC purchased a new position in ASML in the second quarter worth about $22,988,000. Finally, Janus Henderson Group PLC raised its holdings in ASML by 5.0% in the second quarter. Janus Henderson Group PLC now owns 2,145,906 shares of the semiconductor company’s stock worth $424,824,000 after buying an additional 102,819 shares during the last quarter. 16.63% of the stock is owned by institutional investors and hedge funds.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.

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Earnings History and Estimates for ASML (NASDAQ:ASML)

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