ASML Holding (NASDAQ:ASML) – Stock analysts at B. Riley boosted their Q1 2019 earnings per share (EPS) estimates for shares of ASML in a research report issued on Monday, April 16th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings of $2.18 per share for the quarter, up from their previous forecast of $1.96. B. Riley currently has a “Neutral” rating and a $200.00 price target on the stock. B. Riley also issued estimates for ASML’s Q2 2019 earnings at $2.25 EPS and Q3 2019 earnings at $2.35 EPS.
ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 18th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.17. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.23 billion. ASML had a return on equity of 21.16% and a net margin of 24.28%. The company’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.23 EPS.
A number of other equities analysts have also recently issued reports on the company. ValuEngine upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research cut ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 20th. Santander cut ASML from a “buy” rating to a “hold” rating in a report on Monday, March 19th. BidaskClub upgraded ASML from a “buy” rating to a “strong-buy” rating in a report on Friday, March 9th. Finally, Royal Bank of Canada increased their price target on ASML to $210.00 and gave the stock a “sector perform” rating in a report on Thursday, January 18th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. ASML has an average rating of “Buy” and an average target price of $196.29.
ASML stock opened at $206.32 on Wednesday. The company has a market cap of $88,342.13, a price-to-earnings ratio of 37.04, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17. ASML has a 52-week low of $126.03 and a 52-week high of $216.00. The company has a current ratio of 2.70, a quick ratio of 1.81 and a debt-to-equity ratio of 0.28.
ASML declared that its Board of Directors has initiated a share repurchase program on Wednesday, January 17th that permits the company to repurchase outstanding shares. This repurchase authorization permits the semiconductor company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.
The company also recently announced an annual dividend, which will be paid on Wednesday, May 9th. Investors of record on Monday, April 30th will be issued a $1.7181 dividend. This is a boost from ASML’s previous annual dividend of $0.71. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, April 27th. ASML’s dividend payout ratio (DPR) is currently 19.93%.
Institutional investors and hedge funds have recently modified their holdings of the stock. Fisher Asset Management LLC lifted its holdings in shares of ASML by 2.8% in the 4th quarter. Fisher Asset Management LLC now owns 2,075,281 shares of the semiconductor company’s stock worth $360,725,000 after purchasing an additional 57,055 shares in the last quarter. Worth Venture Partners LLC bought a new position in shares of ASML in the 4th quarter worth $278,000. Delek Group Ltd. bought a new position in shares of ASML in the 4th quarter worth $111,000. Jennison Associates LLC bought a new position in shares of ASML in the 4th quarter worth $470,000. Finally, Mission Wealth Management LP bought a new position in shares of ASML in the 4th quarter worth $222,000. Institutional investors own 16.90% of the company’s stock.
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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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