ASML (ASML) to Release Earnings on Wednesday

ASML (NASDAQ:ASML) is expected to be releasing its earnings data 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. Parties interested in listening to the company’s conference call can do so using this link.

ASML Price Performance

ASML opened at $763.00 on Wednesday. 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 stock’s 50 day simple moving average is $708.41 and its 200 day simple moving average is $793.15. The firm has a market cap of $300.18 billion, a price-to-earnings ratio of 39.95, a PEG ratio of 2.35 and a beta of 1.47. ASML has a 1 year low of $645.45 and a 1 year high of $1,110.09.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ASML shares. Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. reduced their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

About ASML

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.