The Netherlands-based chip-making equipment manufacturer reported Q1 earnings per share (EPS) of €1.23, which was €0.31 better than the Wall Street consensus estimate of €0.92.
Looking ahead, ASML forecast Q2 revenues of €1.9 to €2.0 billion, which is in-line with the €1.97 billion that analysts are looking for. ASML Holding NV had a net margin of 21.62% and a return on equity of 16.76%. The company's quarterly revenue was up 45.8% compared to the same quarter a year ago.
In current time period from sell-side analysts, price to current year EPS stands at 7.30%, and moving forward with price to next year's EPS estimate is 22.08%.
ASML Holding N.V. (NASDAQ:ASML) shares have been recently spotted -2.93% away from the 52-week high, and 44.15% away from the 52-week low mark. Stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, 15 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. The stock has a market cap of $56.17 billion, a P/E ratio of 33.72 and a beta of 1.23.
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Several other research firms have also recently commented on ASML. Buy rating has been given by 7 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 18 analysts given HOLD rating.
01/19/2017 - ASML Holding N.V. was downgraded to "neutral" by analysts at Citigroup. Pacific Crest reissued a "sector perform" rating on shares of ASML Holding NV in a research note on Monday, January 23rd.
There are 9 hold ratings, 8 buy ratings on the stock. ASML Holding NV's revenue was up 45.8% on a year-over-year basis. The stock's price is 130.03 and their relative strength index (RSI) stands at 50.96.
01/17/2017 - Credit Suisse began new coverage on ASML Holding N.V. giving the company a "neutral" rating. Artisan Partners Limited Partnership raised its position in ASML Holding NV by 89.2% in the fourth quarter. Finally, Cypress Wealth Advisors LLC raised its stake in shares of ASML Holding NV by 3.1% in the fourth quarter.
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Moreover, ASML Holding had in January 2016 announced its intention to purchase up to Euro 1.5 billion of shares to be executed within the 2016-2017 time frame.
COPYRIGHT VIOLATION NOTICE: "Stifel Nicolaus Upgrades ASML Holding NV (ASML) to Buy" was originally reported by Markets Daily and is owned by of Markets Daily. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & global trademark & copyright laws. Zacks Investment Research raised ASML Holding NV from a "hold" rating to a "buy" rating and set a $144.00 target price on the stock in a research note on Tuesday, March 21st.
ASML Holding has submitted a proposal to the 2017 Annual General Meeting of Shareholders, that takes place on April 26th, 2017, to declare a dividend in respect of 2016 of EUR 1.20 per ordinary share (for a total amount of approximately EUR 515 million), compared with a dividend of EUR 1.05 per ordinary share paid in respect of 2015.
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