ASML (ASML) Projected to Post Earnings on Wednesday

ASML (NASDAQ:ASML - Get Free Report) will likely be announcing its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $7.67 per share and revenue of $9,840,793.34 billion for the quarter. Investors that wish to register for the company's conference call can do so using this link.

ASML Stock Performance

NASDAQ ASML traded up $3.71 during trading hours on Wednesday, hitting $766.71. The company had a trading volume of 1,697,087 shares, compared to its average volume of 1,593,173. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The firm has a market cap of $301.64 billion, a P/E ratio of 40.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.47. ASML has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The business has a fifty day simple moving average of $710.29 and a 200-day simple moving average of $790.96.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent analyst reports. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research report on Friday, October 11th. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price objective for the company. Sanford C. Bernstein dropped their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Berenberg Bank raised ASML to a "strong-buy" rating in a research note on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a research report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average 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.