ASML (NASDAQ:ASML) announced its quarterly earnings data on Wednesday. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.09 by $0.18, Morningstar.com reports. ASML had a net margin of 23.08% and a return on equity of 21.31%. The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same period in the previous year, the business earned $1.37 earnings per share. ASML updated its Q3 2019 guidance to EPS.
Shares of NASDAQ:ASML traded down $3.03 during trading on Friday, hitting $223.62. 753,076 shares of the company were exchanged, compared to its average volume of 700,982. The stock has a 50 day simple moving average of $202.60. The firm has a market cap of $94.21 billion, a P/E ratio of 31.14, a P/E/G ratio of 2.17 and a beta of 1.21. The company has a quick ratio of 1.87, a current ratio of 2.78 and a debt-to-equity ratio of 0.26. ASML has a 1-year low of $144.50 and a 1-year high of $226.99.
Large investors have recently made changes to their positions in the company. Destination Wealth Management increased its holdings in shares of ASML by 1,066.7% during the first quarter. Destination Wealth Management now owns 175 shares of the semiconductor company’s stock worth $33,000 after buying an additional 160 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. grew its stake in shares of ASML by 115.0% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 215 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 115 shares during the last quarter. JNBA Financial Advisors bought a new stake in shares of ASML in the first quarter worth $53,000. Financial Gravity Wealth Inc. bought a new stake in shares of ASML in the first quarter worth $63,000. Finally, Winslow Evans & Crocker Inc. grew its stake in shares of ASML by 2,183.3% in the first quarter. Winslow Evans & Crocker Inc. now owns 548 shares of the semiconductor company’s stock worth $104,000 after purchasing an additional 524 shares during the last quarter. Institutional investors own 16.80% of the company’s stock.
Several research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Saturday, July 6th. Zacks Investment Research downgraded shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a report on Thursday. Royal Bank of Canada upped their price target on shares of Johnson Service Group from GBX 180 ($2.35) to GBX 190 ($2.48) and gave the stock an “outperform” rating in a report on Tuesday. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of in a report on Wednesday, June 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $206.50.
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 Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
Featured Story: What is the price-to-earnings growth (PEG) ratio?
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.